Redondo Beach, CA 90277,1700 S Catalina Avenue
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Redondo Beach, CA 90277,1700 S Catalina Avenue
Redondo Beach, CA 90277,1700 S Catalina Avenue
Redondo Beach, CA 90277,1700 S Catalina Avenue
Redondo Beach, CA 90277,1700 S Catalina Avenue

$5,950,000

Est. payment /mo

$6,200,000

4.0%
Est.Price: ?

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1700 S Catalina Avenue Redondo Beach, CA 90277

7,792 SqFt

SOLD DATE : 10/16/2024

Key Details

Sold Price $5,950,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 7,792 sqft

Price per Sqft $763

MLS Listing ID CRSB24083535

Sold Date 10/16/24

HOA Y/N No

Year Built 1981

Lot Size 10,567 Sqft

Acres 0.24

Property 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.

Location

State CA

County Los Angeles

Area Listing

Zoning RB C

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Other, Cable Available

Building

New Construction No

Others

Tax ID 7511012012

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Bridge MLS
Listed by Jay Horrell • Horrell Realtors
Bought with JosephNuzzolo
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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