824 Torrance Active

Redondo Beach,CA 90277

$ 2095000

- Bed

- Bath

4037 SqFt


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

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