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1700 S Catalina Avenue, Redondo Beach, CA 90277
$6,200,000
1700 S Catalina Avenue, Redondo Beach, CA 90277View this property at 1700 S Catalina Avenue, Redondo Beach, CA 90277
1700 S Catalina AvenueRedondo BeachCA90277
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Property Description
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.
Full Property Details
Full Property Details for 1700 S Catalina Ave
General
- Price: $6,200,000
- Taxes: (2023)
- Status: Active
- Type: Retail
- MLS ID: SB24083535
- Updated: 5/26/2024
- Days on Market: 24 days
- Added to Site: 25 day(s) ago
Business
- Business Type: Commercial, Gift Shop, Multi-Tenant, Parking, Professi
Rooms
Other Rooms
- Laundry: None
Additional Information
- Security/Safety: Automatic Gate
Location
- County: Los Angeles
- Driving Directions: Two Blocks West of Pacific Coast Hwy. Corner of Catalina Ave and Avenue I in Riviera Village
Utilities
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Construction: Frame, Stucco
- Roof: Composition
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 7792
- Square Feet: 7,792
- Year Built: 1981
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.2426
- Useable Acres: .2426
- Lot Size (Sq. Ft.): 10,567
- Lot Size Source: Assessor
- Lot Dimensions: 87 x 115
- Topography: Flat
- Lot Features: Corner Lot, Level with Street, Lot 10000-19999 Sqft, Irregular Lot, Rectangular Lot
- Lot Description: Corner Lot, Level with Street, Lot 10000-19999 Sqft, Irregular Lot, Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $795
- Expenses: $72,356
- Operating Expenses: $72,356
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Investment: Yes
- Property ID: 7511012012
Listed by Horrell Realtors, JayHorrell and JessicaHorrell
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Schools
Schools serving 1700 S Catalina Ave
School District:Redondo Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1520 S Prospect Ave, Redondo Beach, CA 90277 | K-5 | 0.7 mi | |
200 N Lucia Ave, Redondo Beach, CA 90277 | 6-8 | 1.9 mi | |
1 Sea Hawk Way, Redondo Beach, CA 90277 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1700 S Catalina Ave
Date
Details
Price
Change
Source
5/16/2024
Listed
$6,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1700 S Catalina Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$30,171
2%
$2,454,691
2%
2022
$29,705
—
$2,406,561
3%
2021
$29,729
-1%
$2,342,888
1%
2020
$30,003
2%
$2,318,865
2%
2019
$29,282
3%
$2,273,398
2%
2018
$28,471
2%
$2,228,823
2%
2017
$28,015
1%
$2,185,121
2%
2016
$27,806
1%
$2,142,277
2%
2015
$27,414
2%
$2,110,099
2%
2014
$26,906
1%
$2,068,766
—
2013
$26,601
—
$2,059,417
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1700 S Catalina Ave
1700 S Catalina Avenue, Redondo Beach, CA 90277 (MLS# SB24083535) is a Retail property. 1700 S Catalina Avenue is currently listed for $6,200,000 and was received on May 16, 2024. Want to learn more about 1700 S Catalina Avenue? Do you have questions about finding other Retail real estate for sale in Redondo Beach? You can browse all Redondo Beach real estate or contact a Coldwell Banker agent to request more information.