$3,250,000
For Sale

1907 S Catalina Avenue

Redondo Beach, CA 90277
0.14 acres | #SB24218014
Listing OfficeHorrell Realtors
Browse 9 photos
Type:Purchase
Structure:Retail
Zone:Commercial

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.

  • Property Details
      • Lot DescriptionNearPark, NearPublicTransit, RectangularLot, StreetLevel
      • Stories1
    • Measurements
      • Acres0.1353
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1954
  • Utilities / Energy Details
      • Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$3,250,000
  • Other
      • MLS #SB24218014

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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