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Redondo Beach, CA 90277 1907 -1909 S Catalina Avenue

$3,250,000

1907 -1909 S Catalina Avenue Redondo Beach, Ca - Image 11907 -1909 S Catalina Avenue Redondo Beach, Ca - Image 21907 -1909 S Catalina Avenue Redondo Beach, Ca - Image 3
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Presented By: Jay Horrell with Horrell Realtors; 310-729-6441
  • MLS# SB23185103
  • 10/05/2023
  • Request Tour
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  • FootageSQFT • 3,600

Home Details

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.
Presented By: Jay Horrell with Horrell Realtors; 310-729-6441

Interior Features for 1907 -1909 S Catalina Avenue

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 1907 -1909 S Catalina Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeClothing, MultiTenant, Other, Retail
Cap Rate3.0
Carport Y/NNo
CityRedondo Beach
Community FeaturesPark
Construction MaterialsFrame, Stucco
CoolingCentralAir
CountyLos Angeles
Current FinancingNone
Days on Market200
Directions1 Block North of Palos Verdes Blvd, 1/4 mile West of PCH.
ElectricElectricityOnProperty
ExclusionsTenants trade fixtures
Garage Y/NNo
HOA / Comm AssnNo
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense2640.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet5894.0
MLS Area157 - S Redondo Bch W of PCH
MobileHomeRemainsYNNo
Net Operating Income97029.0
New ConstructionNo
Number of Units Leased3
Occupancy DescriptionTenant
Open Parking Spaces8.0
Operating Expense8571.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameCatalina
Tax Year2022
Total Units3
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense390.0
Waterfront Y/NNo
Year Built1954
Year Built SourceAssessor
ZoningC-2-PD

Exterior for 1907 -1909 S Catalina Avenue

Building Area Total3600.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
InclusionsNone
Irrigation Water Rights Y/NNo
Lot Dimensions60 x 98
Lot FeaturesNearPark, NearPublicTransit, RectangularLot, StreetLevel
Lot Size Acres0.1353
Lot Size Area5894.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
LotDimensionsSourceAssessor
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,250,000
MLS#SB23185103
List Date 10/05/2023
Property Type Commercial
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors