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1907 South Catalina Avenue Redondo Beach, CA 90277
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Key Details
Sold Price $2,915,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB-24218014
Sold Date 02/07/25
Year Built 1954
Tax Year 2022
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. o Prime A+ Riviera Village Location with Significant Appreciation Aspects o Substantial Rental Income Upside Potential o Two lots totaling 5,894 sq. ft. with 60 feet of street frontage. o Three Store Fronts totaling 3,600 sq. ft. (Each 1,200 Sq. Ft) o Once in a Lifetime Generational Trophy Investment DO NOT DISTURB TENANTS.
Location
State CA
County Los Angeles
Interior
Heating Forced Air
Cooling Central Air
Laundry None
Exterior
Utilities Available Sewer Connected, Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
Building
Lot Description Level with Street, Near Public Transit, Park Nearby, Rectangular Lot
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