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1907 -1909 S Catalina Avenue

Redondo Beach, CA 90277
  • $3,250,000
  • STATUS: Active Under Contract
  • ON SITE: 86 Days
  • ID#: SB24218014
Under Contract
UPDATED: 10 min ago
$3,250,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Jay Horrell of Horrell Realtors (310-373-7777)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-16T16:36:03.12. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/156998259
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1907 -1909 S Catalina Avenue Redondo Beach, CA 90277

  • Price: $3,250,000
  • Status: Active Under Contract
  • On Site: 86 Days
  • Updated: 10 min ago
  • ID#: SB24218014
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1954
Built
Neighborhood:
157 - S Redondo Bch W of PCH
County:
Los Angeles
Area:
157 - S Redondo Bch W of PCH
Property Description
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.
Exterior Features

Construction Materials FrameStucco Entry Level 1 Fencing None Lot Features Near ParkNear Public TransitRectangular LotStreet Level Open Parking Spaces 8 Parking Total 8 Roof Composition Sign On Property YN No

Interior Features

Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Anchors Co Tenants 3 Business Type ClothingMulti-TenantOtherRetail Cap Rate 3 Common Interest None Community Features Park Current Financing None Electric Electricity - On Property Exclusions Tenants trade fixtures Gross Scheduled Income 105600 Inclusions None Insurance Expense 2640 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 97029 Number Of Units Leased 3 Operating Expense 8571 Other Expense 1032 Property Sub Type Retail Special Listing Conditions Standard Tax Year 2022 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 390 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-16T16:36:03.12. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Jay Horrell of Horrell Realtors (310-373-7777)