832 Torrance BLVD new Save Request In-Person Tour Request Virtual Tour
Redondo Beach,CA 90277
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25124538
HOA Y/N No
Year Built 1935
Lot Size 9,125 Sqft
Lot Dimensions Public Records
Property Sub-Type Mixed Use
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
Area 156 - S Redondo Bch S Of Torrance Bl
Zoning C2
Interior
Fireplace No
Laundry Inside
Exterior
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Present Use Investment
Total Parking Spaces 8
Building
Lot Description Corner Lot,Level,Near Public Transit
Story 2
Water Public
Others
Tax ID 7506017011
Special Listing Condition Standard
Lease Land No