Torrance

City Council

January 27, 2026 Order of Business 13 #B

Agenda Item B

13B. REAL PROPERTY – CONFERENCE WITH REAL PROPERTY NEGOTIATOR\n(California Government Code § 54956.8):\n1. Property: 3401 Airport Drive, Torrance, CA 90505\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and Torrance Airport Hangars, LLC\nUnder Negotiation: Price and terms and conditions of lease\n2. Property: 25924 Rolling Hills Road, Torrance, CA 90505\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and South Bay Tennis Center, LLC\nUnder Negotiation:Terms and conditions of lease\n3. Property: 3301 Airport Drive, Torrance, CA 90503 (Torrance Municipal Airport – Zamperini Field)\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and UAvionix Corporation\nUnder Negotiation: Price and terms and conditions of lease\n4. Property: Southwest Corner of Santa Fe and Andreo Avenues (APN: 7357-008-900)\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and Abigail and Roxanne Young\nUnder Negotiation: Price and terms and conditions of acquisition of property\n5. Property: 1257 Cabrillo Avenue – Plaza del Prado Parking Garage\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and EST 2025, LLC (Nicholas Day)\nUnder Negotiation: Price, terms and conditions of license agreement\n6. Property: 3481 Airport Drive, #200, Torrance, CA 90505\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and Torrance Flite Park, LLC\nUnder Negotiation: Price, terms and conditions of lease