1907 -1909 S Catalina Avenue, Redondo Beach, CA 90277 (MLS # SB23185103)
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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.
| DAYS ON MARKET | 226 | LAST UPDATED | 10/5/2023 |
|---|---|---|---|
| YEAR BUILT | 1954 | COMMUNITY | S Redondo Bch W of PCH |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | S Redondo Bch W of PCH |
| BUYER'S BROKERAGE COMPENSATION | 2.000 % |
| CONSTRUCTION | Frame, Stucco |
| HEAT | Forced Air |
| LOT | 5894 sq ft |
| LOT DESCRIPTION | Near Park, Near Public Transit, Rectangular Lot, Street Level |
| LOT DIMENSIONS | 60 x 98 |
| STORIES | 1 |
| UTILITIES | Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property |
| WATER | Public |
| ZONING | C-2-PD |
TOTAL MONTHLY PAYMENT
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