Redondo Beach, CA 90277,824 Torrance
Redondo Beach, CA 90277,824 Torrance
Redondo Beach, CA 90277,824 Torrance
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$2,975,000
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4,823 SqFt
New

824 Torrance Redondo Beach, CA 90277

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,823 sqft

Price per Sqft $616

MLS Listing ID CRPW25124572

HOA Y/N No

Year Built 1935

Lot Size 9,127 Sqft

Acres 0.21

Property Sub-Type Other

Property Description

This is a rare opportunity to acquire a flexible, mixed-used portfolio consisting of three contiguous parcels totaling 9,127 sq ft on a prime corner in South Redondo Beach. Located just blocks from the Redondo Beach pier and esplanade, the site is walkable to premier retail, dining, and entertainment options. 824-830 Torrance Blvd is a two-story mixed-use building with two commercial units on the first level and two residential units on the second level. 832 Torrance Blvd is a standalone oversized commercial structure currently used a media studio. 301 S Lucia Ave is a detached single-family residence with a private parking area and outdoor space. Three of the units are leased to long-term tenants on flexible, market-rate leases. The other three units can be delivered vacant. This property is ideal for investors seeking a 5% CAP rate from day one, owner-users desiring a live/work setup, or developers considering future repositioning under C2 zoning. Please see the attached Offering Memorandum for further details.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Inside

Building

Lot Description Corner Lot, Level

New Construction No

Others

Tax ID 7506017012


Bridge MLS
Listed by Chris Barker • Yorkshire Realty

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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824 Torrance