Redondo Beach, CA 90277,1729 -1735 S Catalina AVE
See all 14 photos
Redondo Beach, CA 90277,1729 -1735 S Catalina AVE
Redondo Beach, CA 90277,1729 -1735 S Catalina AVE
Redondo Beach, CA 90277,1729 -1735 S Catalina AVE
Redondo Beach, CA 90277,1729 -1735 S Catalina AVE

$6,300,000

Est. payment /mo

$6,250,000

0.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1729 -1735 S Catalina AVE Redondo Beach, CA 90277

0.25 Acres Lot

SOLD DATE : 01/26/2024

Key Details

Sold Price $6,300,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23185516

Sold Date 01/26/24

HOA Y/N No

Year Built 1955

Lot Size 0.251 Acres

Lot Dimensions Assessor

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 6,854 square feet and feature 4 individual east facing store fronts including two restaurant spaces. Situated on two parcels totaling 10,916 square feet. Located on a high visibility corner with 104 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.

• Prime A++ Riviera Village Location with Significant Appreciation Aspects
• Substantial Rental Income Upside Potential
• High Visibility Corner Location
• Two Parcels totaling 10,916 sq. ft. with 104 feet of street frontage.
• Four Store Fronts totaling 6,854 sq. ft. (2 x 1,320/1 x 1,584/1 x 2,640)

Location

State CA

County Los Angeles

Area 157 - S Redondo Bch W Of Pch

Zoning C-2-PD

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Community Features Park

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Composition

Total Parking Spaces 10

Building

Lot Description Corner Lot, Level, Near Park, Rectangular Lot, Street Level

Story 1

Water Public

Others

Tax ID 7511011010

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Jay Horrell • Horrell Realtors • 310-729-6441
Bought with Jessica Horrell • Horrell Realtors

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.