Sold for $2,000,000 on Jan 19, 2018
Prime South Redondo Beach location! 8,980 SQFT of residential and commercial property on a very desirable highly visible corner lot, six blocks from the beach on Torrance Boulevard and Lucia Ave. 3 separate parcels adjoined and sold as one! 3 Residential Units (824 & 826 Torrance Blvd) one of which is a stand alone House at (301 S. Lucia Ave.) A 1,376 SQFT business space with 4 separate entrances (830 Torrance Blvd), a huge 1,140 SQFT 4 stall garage including laundry, a bathroom, patio access and 7 additional outside parking spaces (832 Torrance). Redevelop the entire property, keep it as is and collect multiple rental incomes, or sell a parcel and keep the others! Limitless potential with new luxury development in progress on the block! Must see in-person to appreciate the grandeur of the parcels, character, style and detail of the charming residential units and utility of the commercial space. A truly amazing opportunity that rarely comes around in this family friendly neighborhood with immediate proximity to restaurants, shopping and amenities. Consists of three parcels APN 7506-017-010, 7506-017-011 and 7506-017-012. 4,833 SQFT of Commercial and Residential structures. Approximately 90 FT of street frontage along Torrance Blvd and 104.5 FT of frontage on Lucia Ave, being sold all together. Zoned C-2. Remodeled House and Apartments can convert to commercial use or stay as is. A solid appreciating investment. Meticulously maintained, Turn-Key and ready to go!
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