2416 Cabrillo Avenue, Torrance, CA 90501
Renovation or redevelopment project. This home resides on a beautiful street surrounded by a spectacular canopy of trees lined along cabrillo avenue. The home's excellent location is within the historic old torrance and nearby charles h. Wilson and torrance parks. It presents nicely from the front facing cabrillo avenue and has a separate two-car garage in the backyard area large enough for rv parking. Perfect fix and flip opportunity or can be redeveloped as it is zoned r-3, allowing for multi-family development, provided it meets certain redevelopment guidelines (check w/ planning department). Confirm with torrance city planning department: it's located w/in the historical overlay, however, any changes to extensions or additions to structure are not bound by historical overlay guidelines. Also, if the plan is to renovate existing property, any additions to the structure are bound by r-1 development standards. If planned for redevelopment, while it's zoned r-3 which allows for more than 2 units to be built, development standards supersedes the zoning standards. Therefore, if tear down and plan for 2 units on the lot, apply r-2 development standards. All utilities are turned off. Property sold as true "As-is". Ownership (trust) will not agree to any repairs.
1,253 Sq.Ft. LIVING AREA
0.138 Acres lot
He knew his master’s degree in counseling psychology combined with his exceptional analytical real estate talents would be a great fit to support owners, buyers, tenants, and vendors navigate through the difficulties of a real estate transaction.