$3,250,000
1907 S Catalina Avenue Redondo Beach, CA 90277
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$3,250,000
Est. payment /mo
3,600 SqFt
UPDATED:
10/21/2024 10:38 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $902
MLS Listing ID CRSB24218014
HOA Y/N No
Year Built 1954
Lot Size 5,894 Sqft
Acres 0.14
Property Description
A rare opportunity for an investor or owner user to purchase a generational trophy property in the heart of Riviera Village. First time offered for sale by the family of the original owner. The building is 3,600 square feet and feature 3 individual east facing retail store fronts (3 x 1,200). Situated on two parcels totaling 5,894 square feet with 60 feet of Frontage on Catalina Avenue and located just a short distance from the Pacific Ocean. This property allows an investor to obtain yield growth through rental rate adjustments and property enhancements. All units are separately metered for gas and electricity. A new roof was installed in 2023. • Prime A+ Riviera Village Location with Significant Appreciation Aspects • Substantial Rental Income Upside Potential • Two lots totaling 5,894 sq. ft. with 60 feet of street frontage. • Three Store Fronts totaling 3,600 sq. ft. (Each 1,200 Sq. Ft) • Once in a Lifetime Generational Trophy Investment DO NOT DISTURB TENANTS.
Location
State CA
County Los Angeles
Area Listing
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Other, Cable Available
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 7511016028
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Listed by Jay Horrell • Horrell Realtors
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