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.
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Listing Snapshot
Price
$2,975,000
Days On Site
2 Days
Bedrooms
N/A
Inside Area (SqFt)
4,823 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2095 Acres
Year Built
1935
MLS® Number
PW25124572
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 days ago
Listing first seen on site
2 days ago
Listing updated with changes from the MLS®
General Features
Acres
0.2095
Garage
Yes
Garage Spaces
4
Number Of Stories
2
Parking
AssignedCarportDrivewayGarageOn Site
Parking Spaces
8
Property Sub Type
Mixed Use
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
4823
Stories
Two
Water Source
Public
Interior Features
Laundry Features
Inside
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Exterior Features
Lot Features
Corner LotLevel
Pool Features
None
Spa Features
None
Community Features
Building Access
1
Community Features
CurbsSuburbanSidewalks
Financing Terms Available
Conventional
MLS Area
156 - S Redondo Bch S of Torrance Bl
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