1700 S Catalina Avenue Redondo Beach, CA $ 6,200,000
1700 S Catalina Avenue
$ 6,200,000
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1700 S Catalina Avenue

Redondo Beach, CA, 90277
$ 6,200,000
Baths0.0 Sq 7,792

Monthly Estimate*

$ 41,207

Listed by Horrell Realtors
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 1
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 2
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 3
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 4
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 5
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 6
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 7
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 8
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 9
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 10
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 11
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 12
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 13
1700 S Catalina Avenue, Redondo Beach, CA 90277 - Image 14
Studio

Commercial Property for sale in Redondo Beach, CA

for $6,200,000. This 7,792 square foot building was built in 1981 on a lot size of 0.2426.

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.

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Commercial Active

Price

$ 6,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.2426

Year Built

1981

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

SB24083535

Days on Market

22

Features
General
Utilities CableAvailable ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected
Roof Composition
Zoning RB C-2 Pedestrian Oriente
Security Features SecurityGate
Construction Materials Frame Stucco
Year Built 1981
Electric ElectricityOnProperty
Topography Level
Property SubType Retail
Tax Year 2023
Business Type Commercial GiftShop MultiTenant ProfessionalOffice Parking ProfessionalService Restaurant Retail Variety
County Los Angeles
Net Operating Income 331517.0
Operating Expense 72356.0
Insurance Expense 7120.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Trust
Status Active
Directions Two Blocks West of Pacific Coast Hwy. Corner of Catalina Ave and Avenue I in Riviera Village
City Redondo Beach
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 7
MLS Area 157 - S Redondo Bch W of PCH
Lot Size Units SquareFeet
Lot Size Square Feet 10567.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 7
Street Name Catalina
Listing Terms Cash CashtoNewLoan Item1031Exchange TrustConveyance
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 3429.0
Home Warranty Y/N N
Current Financing Conventional
Trash Expense 8480.0
Water Sewer Expense 6097.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 9
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Retail
Cap Rate 5.3
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Exterior
Lot Features CornerLot IrregularLot RectangularLot StreetLevel Flat
Water Source Public
Lot Size Area 10567.0
Number of Buildings 1
Spa N
Building Area Total 7792.0
Lot Dimensions 87 x 115
Lot Size Acres 0.2426
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1700
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* Excluded Features
List By
Horrell Realtors

Broker

(310) 373-7777

Phone

Affordability Calculator

$41,207
Per Month
100%
0%
0%
Monthly Principal & Interest
$41,207
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$6,200,000 Listed Price

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1700 S Catalina Avenue, Redondo Beach, CA, 90277 is a Commercial Property for sale at $6,200,000 with 7,792 sqft and a lot size of 0.2426. 1700 S Catalina Avenue is a studio with 0.0 baths and was built in 1981. The property's zip code is 90277 which is in Redondo Beach, CA