1700 S Catalina Avenue, Redondo Beach, California 90277
- $6,200,000
- $6,200,000
Overview
- Retail, Commercial Sale
- 7792 Sqft
- 1981
Description
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.
Address
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Address: 1700 S Catalina Avenue
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City: Redondo Beach
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State/county: CA
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Zip/Postal Code: 90277
Details
Updated on October 16, 2024 at 7:51 pm-
Property ID SB24083535
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Price $6,200,000
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Property Size 7792 Sqft
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Land Area 0.2426 Acres
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Year Built 1981
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Property Type Retail, Commercial Sale
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan, 1031 Exchange, Trust Conveyance
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Roof Composition
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Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
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County Los Angeles
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Property Type Commercial Sale
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