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 Size7,424 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
Listing Agent Jay Horrell - BRE#00854307
Listing Agent State License 00854307
MLS Area 155 - S Redondo Bch N of Torrance Bl
Open Parking Spaces 11
Property Sub Type Additional Retail
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
AVG $1.36M
$1.65M
Visits
AVG 85
263
Year Built
AVG 1979
1967
Walkscore
AVG 87
67
Data Provided by Walkscore ® not using MLS data

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