$3,250,000
1907 S Catalina Avenue
Redondo Beach, CA, 90277
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.
• 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.
Property Details
Price:
$3,250,000
MLS #:
SB24218014
Status:
Active
Baths:
0
Address:
1907 S Catalina Avenue
Type:
Commercial
Subtype:
Retail
Neighborhood:
157sredondobchwofpch
City:
Redondo Beach
Listed Date:
Oct 21, 2024
State:
CA
ZIP:
90277
Year Built:
1954
Schools
Interior
Cooling
Central Air
Heating
Forced Air
Exterior
Electric
Electricity – On Property
Fencing
None
Parking Spots
8.00
Roof
Composition
Stories Total
1
Water Source
Public
Financial
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
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Courtesy of Horrell Realtors. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 1907 S Catalina Avenue
Redondo Beach, CA
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