Subject to Cancellation of Current Escrow.
Rare shovel-ready RTI development opportunity for a 21 unit apartment 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.
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.
Rare shovel-ready RTI development opportunity for a 21 unit apartment 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.
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.
Property Details
Price:
$2,200,000
MLS #:
SB26077322
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
122harborgateway
Listed Date:
Apr 11, 2026
Lot Size:
16,867 sqft / 0.39 acres (approx)
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- Address21821 Harvard BL Torrance CA
- CityTorrance
- CountyLos Angeles
- Zip Code90501
Market Summary
Property Summary
- 21821 Harvard BL Torrance CA is a Land for sale in Torrance, CA, 90501. It is listed for $2,200,000 and features 0 acres.
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Courtesy of Bonanza Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.21821 Harvard BL
Torrance, CA