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1729 -1735 S Catalina Avenue

Redondo Beach, 90277

0 Bd
0 Ba
10,916 Lot
$6,300,000 SOLD Price | Closed 1/26/24
Closed Status
37 Days on Market
Oct 5 First Day Active
$6,250,000 Start Price

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 6,854 square feet and feature 4 individual east facing store fronts including two restaurant spaces. Situated on two parcels totaling 10,916 square feet. Located on a high visibility corner with 104 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.



• Prime A++ Riviera Village Location with Significant Appreciation Aspects

• Substantial Rental Income Upside Potential

• High Visibility Corner Location

• Two Parcels totaling 10,916 sq. ft. with 104 feet of street frontage.

• Four Store Fronts totaling 6,854 sq. ft. (2 x 1,320/1 x 1,584/1 x 2,640)

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Property Details for 1729 -1735 S Catalina Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Jay Horrell
Listing Brokered By
Horrell Realtors
Type
Commercial Sale, Retail
Year Built
1955 (Assessor)
MLS Area
157 - S Redondo Bch W of PCH

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
37 DOM
Combined DOM*
37
First Date Active
October 5th, 2023
Closing Date
January 26th, 2024
Sold Price
$6,300,000
Orig. List Price
$6,250,000
MLS® #
SB23185516
APN
7511011010
Special
Standard

Home Interior Information

Heating
Central
Cooling
Central Air

Room Information

Laundry
None

Exterior Information

Lot Description
Corner Lot, Level, Near Park, Rectangular Lot, Street Level
Lot Size (sq. ft.)
10,916
Lot Size (acres)
0.25
Roof
Composition
Parking Spaces
10

Utilities Information

Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Source
Public

Additional Information

Zoning
C-2-PD
Buyer's Brokerage Fee
2.000
Inclusions
None
Exclusions
Tenant Trade Fixtures

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
157 - S Redondo Bch W of PCH
City/State
Redondo Beach
Zip Code
90277
County
Los Angeles
# of Units
4
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Listing/Price History

1729 -1735 S Catalina Avenue, Redondo Beach, (MLS® #SB23185516)

Date Details Price Change
Closed $6,300,000
Pending
Active Under Contract (from Active)
First Day Active $6,250,000
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Listing Summary

Quick Summary of 1729 -1735 S Catalina Avenue: This home in Redondo Beach is priced at $6,250,000 . The Retail residence was originally built in 1955 and was listed on October 5th, 2023 at $6,250,000, showing 37 Days on Market currently. Contact Dave Fratello today for more information or to go see 1729 -1735 S Catalina Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 6:21pm PDT. 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, 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.