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(310)918-5027
Real Estate Company
1907 -1909 S Catalina Avenue, Redondo Beach, CA 90277
- $2,915,000
- Sold Price
- $2,915,000
- List Price
- $3,250,000
- Closing Date
- Feb 07, 2025
- Status
- CLOSED
- MLS#
- SB24218014
- Year Built
- 1954
- Lot Size
- 5,894
- Acres
- 0.14
- Lot Location
- Near Park, Near Public Transit, Rectangular Lot, Street Level
- Days on Market
- 84
- Property Type
- Commercial
- Property Sub Type
- Retail
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. • Prime A+ Riviera Village Location with Significant Appreciation Aspects • Substantial Rental Income Upside Potential • Two lots totaling 5,894 sq. ft. with 60 feet of street frontage. • Three Store Fronts totaling 3,600 sq. ft. (Each 1,200 Sq. Ft) • Once in a Lifetime Generational Trophy Investment DO NOT DISTURB TENANTS.
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Additional Information
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Exterior Construction
- Frame, Stucco
- Roof
- Composition
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $105,600
- Operating Expense
- 8571
Listing courtesy of Listing Agent: Jay Horrell (Jay@HorrellRealtors.com) from Listing Office: Horrell Realtors.
Listing sold by General NONMEMBER from NONMEMBER MRML
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.