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Key Details
Sold Price $5,010,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,524 sqft
Price per Sqft $665
MLS Listing ID 24348749
Sold Date 05/14/24
Bedrooms 16
HOA Y/N No
Year Built 1913
Lot Size 0.413 Acres
Property Description
We are pleased to present three contiguous lots: 216, 218, & 220 N Catalina Ave in Redondo Beach. The property is fully vacant and is comprised of 11 units . 4 two bedroom units, 6 one bedroom units, and a studio. The property also has a 6,007 sqft lot that is currently vacant and zoned R-3A, which allows for one dwelling unit for each 2,490 sqft of lot area. (Two townhomes can be built OR possibly ADUs) Buyer to verify.** An investor has the ability to purchase a coastal property as a blank canvas, renovate the entire property and lease out for cash flow. Additionally, an investor can build-to-sell with the vacant lot OR purchase, build and hold. The property is located in close proximity to the ocean and boasts a 93 WalkScore with premium proximity for tenants . Calling all investors, developers, visionaries this property wont last long.
Location
State CA
County Los Angeles
Area 157 - S Redondo Bch W Of Pch
Zoning RBR-3A
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Attached Garage Yes
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7503031024
Special Listing Condition Standard
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Bought with Noam Srolovitz • Kape Property Management, Inc.
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