Redondo Beach, CA 90277,824 Torrance
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Redondo Beach, CA 90277,824 Torrance
Redondo Beach, CA 90277,824 Torrance
Redondo Beach, CA 90277,824 Torrance
Redondo Beach, CA 90277,824 Torrance
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824 Torrance Redondo Beach, CA 90277

4,037 SqFt


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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

Acres 0.17

Property Sub-Type Other

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

New Construction No

Others

Tax ID 7506017012


Bridge MLS
Listed by Chris Barker • Yorkshire Realty
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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824 Torrance