Redondo Beach, CA 90277,1729 South Catalina Avenue
Redondo Beach, CA 90277,1729 South Catalina Avenue
Redondo Beach, CA 90277,1729 South Catalina Avenue
14
Listed by Jay Horrell • Horrell Realtors
$6,300,000
$6,250,000
0.8%
Est.Price: ?

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1729 South Catalina Avenue Redondo Beach, CA 90277

Est. payment /mo
SOLD DATE : 01/26/2024

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Key Details

Sold Price $6,300,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB-23185516

Sold Date 01/26/24

Year Built 1955

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. o Prime A++ Riviera Village Location with Significant Appreciation Aspects o Substantial Rental Income Upside Potential o High Visibility Corner Location o Two Parcels totaling 10,916 sq. ft. with 104 feet of street frontage. o 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

Zoning C-2-PD

Interior

Heating Central

Cooling Central Air

Laundry None

Exterior

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

Building

Lot Description Level, Level with Street, Lot 10000-19999 Sqft, Park Nearby, Rectangular Lot, Corner Lot

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agent

Maureen Alphonso

Agent | License ID: 01734126

+1(805) 279-6885

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