Address
717 Torrance Boulevard Redondo Beach, CA
Price
$ 1,649,000
Property Attributes
- MLS#SB20131827
- TypeCommercial
- CountyLOS ANGELES
- CityRedondo Beach
- AreaS Redondo Bch N of Torrance Bl
- Zip90277
- StyleRetail
- Price$ 1,649,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Jay Horrell with Horrell Realtors.
Data Source:
CRMLS
Property Description
715-717 Torrance Blvd, is located in the heart of South Redondo. A rare opportunity for an Investor or Owner User to purchase a Generational Commercial Building offered for sale for the first time by the original Owner/Developer. Situated on a 7,424 sq. ft. lot zoned C-2. Originally developed in 1967 as three contiguous retail store fronts totaling 3,067 square feet. Each of the three spaces features a restroom, front entry, rear entry and are individually metered for gas and electric. The subject property is located less than a mile from the Redondo Beach Pier, Marina and King Harbor. This property allows an investor to obtain yield growth through rental rate adjustments based on property enhancements. • Prime South Redondo Location with Significant Appreciation Aspects • Substantial Rental Income Upside Potential • 109 feet of street frontage.
| Price History | |
|---|---|
| 7/7/2020 | Listed $1,649,000 |
General Features
| Business Type | Retail, Single-Tenant, Stand-Alone |
|---|---|
| Construction Materials | Block, Drywall, Frame, Stucco |
| Electric | Electricity - On Property |
| MLS Area | 155 - S Redondo Bch N of Torrance Bl |
| Open Parking Spaces | 11 |
| Property SubType | Retail |
| Property Type | Commercial Sale |
| Roof | Composition |
| Terms | Cash, Cash to New Loan, 1031 Exchange |
| Total Units | 1 |
| Utilities | Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
| Water Sewer Expense | 600 |
Interior Features
| Laundry Features | None |
|---|
Exterior Features
| Lot Features | Corner Lot, Near Public Transit, Rectangular Lot, Street Level |
|---|---|
| Lot Size Acres | 0.17 |
| Lot Size Area | 7424 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 7424 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Total Parking | 11 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90277
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of April 23, 2021 5:41 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not tofurther investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g.square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial usein accordance with
