Desert Lifestyle Properties Logo
$2,200,000
 $11,810 est/mo Sourced by Back At You

21821 Harvard Boulevard,Torrance, CA 90501

Torrance, CA 90501

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Description

Rare shovel-ready RTI development opportunity for a 21-unit apartment plus and project on approximately 16,800 sq ft of land across three legally merged lots (approx. 240 ft X 70 ft) on a flat corner site. Also included is one ADU. Four three-bedroom, two bath units and 18 two-bedroom, two bath units. Total of 22 units in one three story building. The property includes Ready-to-issue (RTI) plans, allowing a buyer to step directly into a project that has taken over 5 years of entitlement work-significantly reducing development timeline, carrying costs, and risk. Located within a designated Opportunity Zone, this property offers incredible tax advantages for builders/developers/investors. The site has been fully cleared, legally vacated, and graded flat, with NO affordable housing requirement. A buyer may proceed with the existing multi-family plans or explore alternative development options, including 10 potential fee-simple lot configurations under SB 684. Strategically located within 1 block of Western Avenue and 2 blocks south of Carson Street, close to public transportation, Harbor UVLA Medical Center. Shopping, dining, and schools, and approximately 5.5 miles from Redondo Beach and the pier. RTI has been extended to 8/28/26 by the Los Angeles Building Department.

Details

MLS #SB26077322
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site132
Listing Provided ByBonanza Realty | Steve Schloeder

Features

ZoningLAR3
Acreage0.39
Property ViewNone

Exterior

Lot FeaturesCorner Lot, Street Level

Location

Community FeaturesSuburban

Area Information

StateCA
CountyLos Angeles
CityTorrance
Zip Code90501
Area122 Harbor Gateway
Listing VS Median (in 90501)
Price:
$2,200,000
low | high
Med:
$899,888
100% of Average
On site:
132
low | high
Med:
87
100% of Average
Sourced by Back At You

Market Activity 90501

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Learn More About This Property

Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountyLos Angeles
CityTorrance
Zip Code90501
Area122 Harbor Gateway
Listing VS Median (in 90501)
Price:
$2,200,000
low | high
Med:
$899,888
100% of Average
On site:
132
low | high
Med:
87
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.65M - $2.75M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1606 219TH Property Photo 1
$799,900
1606 219th
Torrance, CA 90501
Listing Updated: August 7, 2026 at 6:19:33 AM PDT
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