824 Torrance Blvd, Redondo Beach, CA 90277 (MLS # PW25124572)
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This is a rare opportunity to acquire a flexible, mixed-used portfolio consisting of three contiguous parcels totaling 9,127 sq ft on a prime corner in South Redondo Beach. Located just blocks from the Redondo Beach pier and esplanade, the site is walkable to premier retail, dining, and entertainment options. 824-830 Torrance Blvd is a two-story mixed-use building with two commercial units on the first level and two residential units on the second level. 832 Torrance Blvd is a standalone oversized commercial structure currently used a media studio. 301 S Lucia Ave is a detached single-family residence with a private parking area and outdoor space. Three of the units are leased to long-term tenants on flexible, market-rate leases. The other three units can be delivered vacant. This property is ideal for investors seeking a 5% CAP rate from day one, owner-users desiring a live/work setup, or developers considering future repositioning under C2 zoning. Please see the attached Offering Memorandum for further details.
DAYS ON MARKET | 35 | LAST UPDATED | 6/3/2025 |
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YEAR BUILT | 1935 | COMMUNITY | 156 - S Redondo Bch S of Torrance Bl |
GARAGE SPACES | 4.0 | COUNTY | Los Angeles |
STATUS | Active | PROPERTY TYPE(S) | Residential Income |
ADDITIONAL DETAILS | |
AREA | 156 - S Redondo Bch S of Torrance Bl |
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GARAGE | Yes |
LOT | 9126 sq ft |
LOT DESCRIPTION | Corner Lot, Level |
PARKING | Assigned, Carport, Driveway, Garage, On Site |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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