1700 S Catalina Avenue, Redondo Beach, CA 90277
Commercial property
Sold October 2024
Listing Agent: Jay Horrell (DRE #00854307) · Listing Office: Horrell Realtors · Contact: 310-729-6441 · Bought with: Joseph Nuzzolo · Thompson Team Real Estate, Inc. · MLS #SB24083535 · Source: CRMLS
About this commercial property
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.
Listing description from the October 2024 sale, as reported to CRMLS.
Sale history