824 Torrance Active Save Request In-Person Tour Request Virtual Tour
Redondo Beach,CA 90277
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,037 sqft
Price per Sqft $518
MLS Listing ID CRPW25124572
HOA Y/N No
Year Built 1935
Lot Size 7,429 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
This is a rare opportunity to acquire a flexible, mixed-used portfolio consisting of two contiguous parcels totaling 7,429 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 suitable for use as a media studio, creative office, fitness studio, retail, automotive, and more. This property is ideal for investors seeking a 5.7% CAP rate from day one, owner-users desiring a live/work setup, or developers considering future repositioning under C2 zoning. Three of the units are leased to long-term tenants on flexible, market-rate leases. Please see the attached Offering Memorandum for further details.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Corner Lot,Level