Property Details
About this Property
Unlock the full potential of the South Bay rental market with this exceptional multi-family development site located in the high-demand Harbor Gateway corridor. Spanning approximately 7,572.2 sq. ft., this level parcel is strategically zoned LARD 1.5 , [Q]RD1.5-1, offering a sophisticated canvas for developers looking to capitalize on Los Angeles’ aggressive housing incentives. This prime lot features a base density of 5 units (1 unit per 1,500 sq. ft. of lot area) with a Height District 1 designation allowing for structures up to 3 stories. Developers can explore the possibility of developing multiple high-yield configurations, including a 5-unit multi-family complex plus 2 detached ADUs, or a sleek collection of 5 modern townhomes. A standout feature of this site is its verified TOC Tier 1 eligibility, being located within a half-mile of a Major Transit Stop near Western Ave. While the base zoning typically allows for a 5-unit build, the Transit Oriented Communities program offers a pathway to potentially increase density to 7 total units. By leveraging these incentives—which may include a 35% density bonus and flexible parking requirements—a developer could significantly enhance the site's "highest and best use" and long-term yield. The location is unparalleled for
MLS Listing Information
MLS #
CRCV26031435
MLS Source
California Regional MLS
Days on Site
2
Lots & Land Information
Lot Description
Grade - Level
Parking, School, and Other Information
HOA Fee
$0
Zoning
LW, LSR, LL
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1509 W 208th St is in Torrance, CA 90501. This Land is currently priced at $1,198,000. This address can also be written as 1509 W 208th St, Torrance, CA 90501.
©2026 California Regional MLS. All rights reserved. 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. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of February 18, 2026. For the most current information, please contact Chieh-Jen Ma
