$902.78 Per Sq Foot $17,447 est/mo Sourced by Back At You

1907 -1909 S Catalina Avenue,Redondo Beach, CA 90277

Redondo Beach CA, 90277

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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.

Details

MLS#SB23185103
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1954
Days On Site287
Listing Provided ByHorrell Realtors 310-373-7777 | Jay Horrell
Buying Commision2.

Features

SQ Feet3,600
Story(s)1
Units3
Building(s)1
ZoningC-2-PD
Acreage0.14

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:
$3,250,000
low | high
Med:
$1,649,000
99.261538461538% of Average
SqFt:
3,600
low | high
Med:
1,464
100% of Average
$ / SqFt:
$903
low | high
Med:
$1,126
25.233291298865% of Average
On Site:
287
low | high
Med:
8.000000
100% of Average
Sourced by Back At You
Listing Updated: April 26, 2024 at 2:58:13 PM PDT