1907 -1909 S Catalina AVE Active

Redondo Beach,CA 90277

$ 3250000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24218014

Year Built 1954

Tax Year 2022

Lot Size 5,893 Sqft

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.

Location

State CA

County Los Angeles

Area 157 - S Redondo Bch W Of Pch

Interior

Heating Forced Air

Cooling Central Air

Inclusions None

Laundry None

Exterior

Fence None

Community Features Park

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

Roof Type Composition

Building

Lot Description Near Park,Near Public Transit,Rectangular Lot,Street Level

Story 1

Water Public

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

View More
Favorite Go Tour