Homes for sale - 824 Torrance, Redondo Beach, CA 90277

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JLee Broker

JLeeRealty

[email protected] +1(650) 857-1000

Listed by Chris Barker • Yorkshire Realty

$2,975,000

Est. payment - /mo

9,127 Sqft Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25124572

Year Built 1935

Lot Size 9,127 Sqft

Source California Regional MLS

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

Interior

Laundry Other

Exterior

Parking Features Assigned Spaces, Carport , Garage, Common Parking Area, Other

Garage Spaces 8.0

Pool 31, None

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 7506017012

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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824 Torrance Redondo Beach, CA 90277

JLee Broker

Key Details

Location

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Exterior

Building

Others

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