Sold
Closed
1700 S Catalina Avenue
Redondo Beach CA, 90277
$5,950,000
$763.60 per sqft
Sold
Closed
7,792 sqft
Commercial
Built in 1981
Listed by Jay Horrell with Horrell Realtors 310-729-6441
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.
SB24083535
MLSⓇ ID
May 16, 2024
Listed
December 5, 2024
Updated
Map
1700 S Catalina Avenue
Redondo Beach CA, 90277
Interior Features
Total Stories
2
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.24 Acres
Lot Features
Corner Lot, Irregular Lot, Rectangular Lot, Street Level, Flat
Roof
Composition
Other Property Details
Area Name
157 - S Redondo Bch W of PCH
Days on Market
88
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
RB C-2 Pedestrian Oriente
Listing History
Date | Event | Price |
|---|---|---|
10/16/2024 | Sold | $5,950,000 |
8/14/2024 | Under contract | — |
Listing Contact: 310-373-7777
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 6:30 AM UTC