Description
This is a rare opportunity to acquire a flexible, mixed-used portfolio consisting of three contiguous parcels totaling 9,127 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 currently used a media studio. 301 s lucia ave is a detached single-family residence with a private parking area and outdoor space. three of the units are leased to long-term tenants on flexible, market-rate leases. the other three units can be delivered vacant. this property is ideal for investors seeking a 5% cap rate from day one, owner-users desiring a live/work setup, or developers considering future repositioning under c2 zoning. please see the attached offering memorandum for further details.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50082139
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1935
- Building Area Total: 4,823
Pool Features
- None
Laundry Features
- Inside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2095
- Lot Size Source: Public Records
- Lot Size Square Feet: 9127
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Listing Information
Listing Price Information
- Original List Price: 2,975,000
- Listing Contract Date: 2025-06-03
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7506017012
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Carport,Driveway,Garage,On Site
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 156 - S Redondo Bch S of Torrance Bl
- Directions: At the SW corner of Torrance Blvd and S Lucia Ave
- Source Property Type: Residential Income
- Area: 156 - S Redondo Bch S of Torrance Bl
- Property SubType: Mixed Use
Building and Construction
- Property Age: 90
- Common Walls: 2+ Common Walls
- Structure Type: Mixed Use
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 07/04/2025 @ 20:27
- MLS: PW25124572
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,823 sqft, 9,127 sized lot, and 4 parking. are nearby neighborhoods.