$795.69 Per Sq Foot $33,283 est/mo Sourced by Back At You

1700 S Catalina Avenue,Redondo Beach, CA 90277

Redondo Beach CA, 90277

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Description

Located in the vibrant area of Riviera Village. A rare opportunity for an investor to acquire a boutique two story courtyard style commercial building with 7,792 square feet of leasable space. 5 retail store fronts with a combined 5,401 sq. ft. including two restaurants, plus 3 second level office suites (2,301 s/f). Constructed in 1981 and situated on a high visibility corner in the heart of Riviera Village with a high daily vehicle count and significant pedestrian foot traffic. The 10,567 sq. ft. parcel provides 119’ of street frontage on Catalina Ave and 85’ of frontage on Avenue I. The A+ location is just one block from the beach with a major beach access ramp at the base of Avenue I. Surrounded by high-end retail outlets, restaurants and the iconic beach front bike path. Conveniently there are 22 parking spaces in the secure gated subterranean parking garage for tenant use and an additional 5 off street spaces for customers and cliental. All units are separately metered for gas and electricity. 51.32% of the operating expenses are NNN reimbursable.

Details

MLS#SB24083535
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1981
Days On Site10
Listing Provided ByHorrell Realtors 310-373-7777 | Jay Horrell

Features

SQ Feet7,792
Story(s)2
Units7
Building(s)1
ZoningRB C-2 Pedestrian Oriente
Acreage0.24

Market Activity 90277

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityRedondo Beach
Zip Code90277
Area157 S Redondo Bch W of PCH
Listing VS Median (in 90277)
Price:
$6,200,000
low | high
Med:
$1,525,000
100% of Average
SqFt:
7,792
low | high
Med:
2,095
100% of Average
$ / SqFt:
$796
low | high
Med:
$728
58.516436985141% of Average
On Site:
10
low | high
Med:
33.000000
30.30303030303% of Average
Sourced by Back At You
Listing Updated: May 25, 2024 at 9:10:35 PM PDT