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1700 S Catalina Avenue,  Redondo Beach CA, 90277

(Active)
$6,200,000
|
7,792 sqft
|
MLS# SB24083535
Last Updated: 6/14/2024 12:44 AM
Description for 1700 S Catalina Avenue Redondo Beach, CA 90277
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.
Price
$6,200,000
Los Angeles
7,792 (approx)
SB24083535
Active
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.
Listing Information
Property Type: Retail, Business Opportunities, 2 Story
0.24 Acres Assessor 7,792 (approx)
1981 2 Frame,Stucco
Public
Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
1 Total
Neighborhood
Room Information
None
Interior Features
Security Gate
Exterior / Lot Features
0 Covered Parking Spaces,
Stucco, Frame
Composition
87 x 115
RB C-2 Pedestrian Oriente
Level
Corner Lot,Irregular Lot,Rectangular Lot,Street Level,Flat
Community Features
Security Gate
Driving Directions
Two Blocks West of Pacific Coast Hwy. Corner of Catalina Ave and Avenue I in Riviera Village
Financial Considerations
7511012012
Cash,Cash to New Loan,1031 Exchange,Trust Conveyance
Listing Price History

Redondo Beach Real Estate

Redondo Beach is located in California. Redondo Beach, California 90277 has a population of 67,211.

The median household income in Redondo Beach, California 90277 is $114,069. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Redondo Beach 90277 is 38 years.

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Listing Agent: Jay Horrell CalDRE: 00854307 - Horrell Realtors, 310-729-6441
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 6/14/2024 12:44 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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