Sold
Closed
1729 -1735 S Catalina Avenue
Redondo Beach CA, 90277
$6,300,000
$920.25 per sqft
Sold
Closed
6,846 sqft
Commercial
Built in 1955
Listed by Jay Horrell with Horrell Realtors 310-373-7777
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)
SB23185516
MLSⓇ ID
October 5, 2023
Listed
July 14, 2024
Updated
Map
1729 -1735 S Catalina Avenue
Redondo Beach CA, 90277
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.25 Acres
Lot Features
Corner Lot, Level, Near Park, Rectangular Lot, Street Level
Roof
Composition
Other Property Details
Area Name
157 - S Redondo Bch W of PCH
Days on Market
37
Garage
No
Parking Total
10
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
C-2-PD
Listing History
Date | Event | Price |
|---|---|---|
1/29/2024 | Price Change | $6,300,000 0% |
1/29/2024 | Sold | $6,300,000 |
12/22/2023 | Pending | — |
11/13/2023 | Under Contract | — |
Listing Contact: 310-373-7777
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 7/14/2024 at 7:19 AM UTC