$550,000

2848 Alberta Street

5,028 Sq.Ft.

Description

Large corner lot in the heart of Torrance. With over 5,000 square feet of land, this property offers incredible potential for those looking to create their dream residence or investment opportunity. Currently featuring a 2-bedroom, 1-bathroom, plus attached garage. While the property is not eligible for conventional financing, it presents a rare opportunity for a prime piece of Torrance real estate! Probate Case #22STPB11976. The Court confirmation hearing is December 4th, 2024 at 8:30 am Dept 2 at the LA County Superior Court 111 N. Hill St LA 90012. The minimum overbid is $578,000 cash and no contingencies of any kind. Any interested buyers that wish to overbid must bring a cashier check of 10% or more up to the total amount you wish to bid made payable to Palm West Escrow. Should there be additional overbids, the amount is calculated by the judge. No inspection contingencies after the court confirmation hearing.

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Location

2848 Alberta Street, Torrance, CA 90501

Status

Sold

Date Sold

December 30, 2024

Property Amenities

Area & Lot
Lot Area 5,028 Sq.Ft.
MLS® ID SB24190728
View Description None
Type Land
Status Sold
Date Sold December 30, 2024
Exterior
Water Source Public
Sewer Public Sewer
Lot Features Corner Lot, Front Yard
Utilities Electricity Available
Finance
Sales Price $550,000

Overview for Torrance, CA

142,130 people live in Torrance, where the median age is 43.2 and the average individual income is $58,656. Data provided by the U.S. Census Bureau.

142,130

Total Population

43.2 years

Median Age

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

$58,656

Average individual Income

  Living in Torrance means enjoying a laid-back Southern California lifestyle, with a focus on outdoor activities and community events. The city is peppered with lush parks like Wilson Park, which hosts a popular farmer’s market twice a week, and the Madrona Marsh Preserve, a natural habitat where residents can explore native plants and wildlife. Torrance Beach, with its serene, less crowded sands, provides a peaceful retreat for beach lovers and offers direct access to the Strand bike path, perfect for cycling enthusiasts.

  Torrance is home to the award-winning Torrance Unified School District, which is highly regarded for its academic excellence and robust extracurricular programs. Schools like West High, South High, and Torrance High consistently receive high marks, making the city a prime location for families prioritizing education. Additionally, Torrance is close to several private schools and the El Camino College, which offers a range of educational opportunities and career training programs.

  A foodie’s paradise, offering a diverse culinary scene that reflects the city's cultural diversity. You’ll find everything from authentic Japanese cuisine in the city’s Little Tokyo area to trendy cafes and upscale dining options. Popular spots include the Old Torrance area, which is filled with charming restaurants and boutique shops, and the Del Amo Fashion Center, one of the largest shopping malls in the country, featuring high-end retailers, a luxury cinema, and a variety of dining options.

  Fostering a strong sense of community, with numerous events and festivals throughout the year, including the Torrance Cultural Arts Foundation’s performances and the Torrance Armed Forces Day Parade. The city is also strategically located, offering easy access to major freeways, making commutes to downtown Los Angeles, Long Beach, and other parts of the South Bay convenient.

  Torrance offers an exceptional quality of life with its top-rated schools, vibrant community, and a rich array of dining, shopping, and outdoor activities. Whether you’re raising a family or looking to enjoy a relaxed coastal lifestyle, Torrance provides a welcoming environment that feels like home.

For more info, check the city website here --> Torrance

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Schools in Torrance, CA

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The following schools are within or nearby Torrance. The rating and statistics can serve as a starting point to make baseline comparisons on the right schools for your family. Data provided by the U.S. Census Bureau.
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Torrance

Torrance, California, is a city that beautifully balances the hustle and bustle of urban life with the tranquility of coastal living. Located in the South Bay region of Los Angeles County, Torrance is known for its safe neighborhoods, excellent schools, and a community-oriented lifestyle that appeals to both families and professionals.
Rina Culligan

Rina Culligan

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