5127 Milne Drive Torrance, 90505

Bedrooms:
3
Bathrooms:
1
Square Feet:
1,360 sqft
Price $2,250,000 .00
Approx /month
Get More Details
Sale Price:
$2,250,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
Insurance: (year)
Calculate Payment

Get Pre-Qualified

Make An Offer

Oops! We could not locate your form.

Schedule Showing

Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Real Estate Photo
Title
Save Now
Save Property
For Sale

Virtual Tour of 5127 Milne Drive , Torrance 90505

Property Description

An extraordinary opportunity to own a monstrous, gently sloped 16,200+ SF lot. Located in the prestigious Seaside section of South Torrance, the options are endless. Here are 3 of the main ones: (1) Build your Customized, unique estate home, plus a pool with pool house, plus a detached 1,000 SF ADU and even a pickle ball court! Or (2) Do a lot split and create two 8,000+ SF R-1 lots. On each lot build a large home with a pool, BBQ area and an ADU. Or (3) Keep the current 3 bedroom home for now, rent it out, then build in the future. (4) Any other ideas? Note: this property is not subject to the Torrance Hillside Overlay guidelines which makes any project simpler. There is potentially direct access at the back of the property (pending city approval). The home faces Milne, but the property stretches all the way to the back alley near Texas Loosey's. Property is sold in as-is condition. The current home features 3 bedrooms, 1 full bathroom, den plus office area, and a rooftop deck. The house has been freshly painted and the carpets were just cleaned. There is no survey in hand and no recent soil report in hand. Seller says he isnt doing a 1031, just a straight sale, so a long or short escrow could work. We are also open to an offer that is contingent on getting needed city approvals. If you need time to check development possibilities, just put that in the offer.

General Information

Listing Broker:
Engel & Volkers LA-South Bay
Listing Agent:
Nick Peters
CalBRE#:
00880972
Price:
$2,250,000
Status:
Active
Listing Updated:
3/22/2022
List Date:
2/15/2022
Close Date
Square Feet:
1,360
Bedrooms:
3
Bathrooms:
1
Garage Spaces:
1
Year Built:
1953
City:
Torrance
Zip:
90505
County:
Los Angeles
MLS ID:
SB22028968

Home Features

Interior Features:
Bedroom on Main Level
Exterior Features:
Appliances:
Flooring:
Laundry:
Inside
Architectural Style:
Levels:
One
Fireplace Features:
None
Cooling:
None
Heating:
Utilities:
Pool Type Features:
None
Spa Features:
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
129 - South Torrance

Lot Information

Lot Size (sq feet):
16,213

Location Information

Directions:
by PV Bvd