6 months on rocket

20320 Normandie Ave, Torrance, CA, 90502

$3,500,000

0.62 Acres
Land

Location

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Property Highlights

Home TypeOther
ViewNeighborhood
MLS #SB24115401
Lot Size0.62 Acres
StatusActive

About 20320 Normandie Ave

Nestled amidst the vibrant commercial nexus of Los Angeles County, this expansive parcel of land spanning 26,852 square feet presents a rare and refined opportunity. Situated in proximity to thriving offices, major freeways, and an expansive shopping center, its location embodies prime real estate desirability. What sets this offering apart is its remarkable potential for Residential Development. With the capacity to erect 31 units of market-rate housing as of right, or ingeniously leverage density bonuses to expand the project to a lavish 47 units, including provisions for affordable housing, the prospects for a lucrative return on investment are undeniable. Noteworthy are recent exemplars of success in the vicinity, such as the esteemed townhome communities along Western Avenue by Schiappa Homes and in North Torrance on 182nd Street by Lennar. In these developments and surrounding locales like Gardena & Harbor City, discerning buyers have eagerly embraced sophisticated living spaces, driving sales figures well beyond the $800,000 mark. Furthermore, the predominantly flat terrain of this parcel not only simplifies development logistics but also enhances the allure of investment potential. For those with a keen eye for opportunity and a penchant for sophisticated ventures, this offering beckons as a beacon of potential prosperity. For further insights into this distinguished opportunity, we invite you to engage with us at your earliest convenience.

Property Details

Property Features

Listing Office:

  • Office Name: West Shores Realty, Inc.
  • Office Phone: (310) 686-4544
  • Listing Agent: Amie Shepard

Exterior Features

Exterior Information:

  • View: Neighborhood

Lot Features

Lot Information:

  • Lot Size: 0.62 Acres

Other

Directions Information:

  • Directions: Normandie Avenue & Del Amo Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000

Tax Information:

  • Annual Amount: $3,460
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Torrance, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$693

Avg. Days On Market

31

# of Sold Homes

82

20320 Normandie Ave vs Torrance

194 DAYS ON ROCKET

+163 Days

$3,500,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price in Torrance, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24115401

Listing Office:

  • Office Name: West Shores Realty, Inc.
  • Office Phone: (310) 686-4544
  • Listing Agent: Amie Shepard

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/24/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 04, 2019Home Sold
$450,000
Dec 23, 2009Home Sold
$230,891

Tax History

YEARPROP. TAXASSESSMENT
2021$3,460$252,488
2020$3,467$249,900
2019$3,356$254,568
2018$3,264$249,577
2017$3,264$244,684

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1357261
7
/10
  • Van Deene Avenue Elementary

  • 826 Javelin St

  • 0.79 miles

  • Public District Grades KG-6

school-card-donut-1357262
5
/10
  • Halldale Avenue School

  • 21514 Halldale Ave

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-1357263
5
/10
  • 186th Street Elementary

  • 1581 W 186th St

  • 1.20 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,844. The majority of Torrance, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20320 Normandie Ave

What is the listing price of this property?

The listing price of 20320 Normandie Ave property is $3,500,000.

What type of property is this?

The property 20320 Normandie Ave is land located in Torrance, California, 90502.

Is this property for sale now?

Active Listing: 20320 Normandie Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,460 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 4, 2019 for $450,000. (source: MLS/tax record).

How much acreage is this property?

The property 20320 Normandie Ave is 0.62 acres.
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Rocket HomesCaliforniaLos Angeles CountyTorrance9050220320 Normandie Ave

This home is located at 20320 Normandie Ave in Torrance, CA and zip code 90502 in the West Carson neighborhood. This home sits on a 0.62 acre lot. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $3,500,000.

In November 2024 more than 38 listings in Torrance, CA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 32 were sold below. In November 2024 in Torrance, CA there were 12.5% less homes for sale than in October 2024. In November 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $1,039,125.

From Rocket Homes Real Estate and based on county public records data.

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