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1116 Fiat St, Torrance, CA 90502
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1116 Fiat St Torrance, CA 90502

$1,849,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$1,849,000 Get Pre-Qualified
Map preview of 1116 Fiat St, Torrance, CA 90502

Property Overview: 1116 Fiat St Torrance, CA has -- bedrooms, -- bathrooms, -- living square feet and 17,176 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Amazing opportunity for development in beautiful Torrance, California. Flat, graded lot and Plans for four incredible townhome style condos, one with a detached ADU. Ready to build with a beautiful flat, graded lot, and plans with public utilities already set to go. Each future unit is designed for 3000 square feet. Opportunities like this are rarely available in this excellent residential area. Walking distance to schools and shops. Wonderful Torrance location and school district. Quiet residential neighborhood close to the Freeway, Beach, Harbor UCLA Medical Center, Del Amo Mall and much more.

Listed by Matthew Hoffman | BRE #01427564 | Matthew Hoffman Real Estate
Last checked: 1 minute ago | Last updated: November 26th, 2023 | Source CRMLS | DOM: 766
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Home details

Lot Sq. Ft
17,176
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
SB22053999
City
Torrance
County
Los Angeles
Time on Site
797 days

Open Houses for 1116 Fiat St

No upcoming open houses

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Property Details for 1116 Fiat St

Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Parcel Number: 7344009007
  • Has Land Lead
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W 223rd and Meyler
Neighborhood Information
  • Community Features: Biking, Sidewalks
View more facts & features

Local Torrance Agent

Sale History for 1116 Fiat St

Last sold for $935,000 on January 21st, 2022

  • March, 2022

  • Mar 17, 2022

    Date

    Active

    CRMLS: SB22053999

    $1,849,000

    Price

  • September, 2021

  • Sep 3, 2021

    Date

    Pending

    CRMLS: SB21051763

    $950,000

    Price

  • May 5, 2021

    Date

    Price Change

    CRMLS: SB21051763

    $950,000

    Price

  • Mar 11, 2021

    Date

    Active

    CRMLS: SB21051763

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity to buy this oversized lot. This 17,176 square feet lot has the possibility to be subdivided into 2 or 3 separate lots - verify with the city. The lot currently features a 3 bedroom and 1 bathroom tear down house. Easy access to the 110 freeway, close to schools, parks, shops and restaurants.

  • August, 2021

  • Aug 19, 2021

    Date

    Pending

    CRMLS: SB21051738

    $950,000

    Price

  • May 5, 2021

    Date

    Price Change

    CRMLS: SB21051738

    $950,000

    Price

  • Mar 11, 2021

    Date

    Active

    CRMLS: SB21051738

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity to buy this oversized lot. This 17,176 square feet lot has the possibility to be subdivided into 2 or 3 separate lots - verify with the city. The lot currently features a 3 bedroom and 1 bathroom tear down house. Easy access to the 110 freeway, close to schools, parks, shops and restaurants.

  • December, 2020

  • Dec 8, 2020

    Date

    Expired

    CRMLS: PW20005037

    $1,200,000

    Price

  • Jun 8, 2020

    Date

    Active

    CRMLS: PW20005037

    $1,200,000

    Price

  • Jun 7, 2020

    Date

    Expired

    CRMLS: PW20005037

    $1,200,000

    Price

  • Jan 9, 2020

    Date

    Active

    CRMLS: PW20005037

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Don't miss this rare opportunity, 17,000 Sq Ft lot in a Great Location. Enjoy easy access to 110 Freeway and public transportation. Myler Elementary School is ideally located just a block away. Close to Old Town Torrance, Torrance Park, Alpine Village, and shopping and dining. Enjoy all the amenities of nearby, Wilson Park; the hockey rink, skate park, batting cages, splash pad, treehouse, picnic areas, basketball courts, sand volleyball courts, baseball/softball fields, walking path, indoor sports center, home of Torrance Certified Farmers Market, and so much moor. Del Amo Fashion Center is 3 miles close. Be on the beach in less than 15 minutes.

  • September, 2015

  • Sep 21, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1116 Fiat St

Assessed Value (2020): $353,462
Year Land Value Improved Value Assessed Value
2020 $255,880 $97,582 $353,462

Home Value Compared to the Market

This property vs the competition

1116 Fiat St is listed 76.1% higher than the median list price for the city of Torrance which has a median list price of $1,050,000.

About 1116 Fiat St

Detailed summary of property

1116 Fiat St is a land located in Torrance, CA 90502 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 17,176 square foot lot. 1116 Fiat St was first listed on ArdentRealEstateGroup.com on March 18, 2022. The homeowner is currently asking $1,849,000. The median priced home in Torrance is $1,050,000 with a median price per square foot of $686. Based on Ardent Real Estate Group's Torrance Market Data, this home is listed 76.1% higher than the median priced home. Local competing homes currently for sale include 5106 Crenshaw Blvd, 4529 Don Ricardo Dr and 4120 W Jefferson Blvd. While the average home in Torrance, CA is selling in 26 days, 1116 Fiat St has a days on market of 766 days. There are currently 185 homes for sale in the Torrance real estate market and 128 of them are single family homes while 33 of them are condos and 24 are townhomes. For more information on this home for sale at 1116 Fiat St Torrance, CA 90502 contact Ardent Real Estate Group and we will put you in touch with one of our Torrance agents.

Public Facts for 1116 Fiat St

Public county record property details
Beds
3
Baths
1
Year built
1946
Sq. Ft.
1,735
Lot Size
17,175
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
7344-009-007

The source for these homes facts are from public records.

90502 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$603
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$640
Total Inventory
28
Median Sale to List Price %
103.25%
Avg Days on Market
14
Loan Type
Conventional (58.82%), FHA (11.76%), VA (0%), Cash (11.76%), Other (17.65%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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