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216 N Catalina Avenue

Redondo Beach, 90277

16 Bd
11 Ba
7,524 Sqft
18,013 Lot
$5,010,000 SOLD Price | Closed 5/14/24
Closed Status
45 Days on Market
Jan 16 First Day Active
$5,995,000 Start Price

Description

We are pleased to present three contiguous lots: 216, 218, & 220 N Catalina Ave in Redondo Beach. The property is fully vacant and is comprised of 11 units . 4 two bedroom units, 6 one bedroom units, and a studio. The property also has a 6,007 sqft lot that is currently vacant and zoned R-3A, which allows for one dwelling unit for each 2,490 sqft of lot area. (Two townhomes can be built OR possibly ADUs) Buyer to verify.** An investor has the ability to purchase a coastal property as a blank canvas, renovate the entire property and lease out for cash flow. Additionally, an investor can build-to-sell with the vacant lot OR purchase, build and hold. The property is located in close proximity to the ocean and boasts a 93 WalkScore with premium proximity for tenants . Calling all investors, developers, visionaries this property wont last long.

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Property Details for 216 N Catalina Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Jonathan Weir
Listing Brokered By
Marcus & Millichap
Type
Residential Income
Year Built
1913
MLS Area
157 - S Redondo Bch W of PCH

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
45 DOM
First Date Active
January 16th, 2024
Closing Date
May 14th, 2024
Sold Price
$5,010,000
Sold PPSF
$666
Orig. List Price
$5,995,000
MLS® #
24348749
APN
7503031024
Special
Standard

Home Interior Information

Levels/Stories
Two
Bedrooms
16
Total Baths
11
Int. Sqft.
7,524
Heating
Wall Furnace
Cooling
None

Exterior Information

Lot Size (sq. ft.)
18,013
Lot Size (acres)
0.41
Parking Spaces
5

Additional Information

Zoning
RBR-3A

* 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
11
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Listing/Price History

216 N Catalina Avenue, Redondo Beach, (MLS® #24348749)

Date Details Price Change
Closed $5,010,000
Pending
Active Under Contract (from Active)
First Day Active $5,995,000
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Listing Summary

Quick Summary of 216 N Catalina Avenue: This 16 Bedroom/11 Bathroom home in Redondo Beach is priced at $5,995,000 ($797/PSF) . The 7,524 sqft. residence was originally built in 1913 and was listed on January 16th, 2024 at $5,995,000, showing 45 Days on Market currently. Contact Dave Fratello today for more information or to go see 216 N Catalina Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of December 13th, 2024 at 1:03pm PST. 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.