216 N CATALINA AVENUE, REDONDO BEACH CA 90277

  • 7,524 sq.ft.
  • 18,013 sq.ft. lot
offered at $5,995,000
MLS#:24348749
Status: Active // Property Type:
County: Los Angeles // Year Built: 1913

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.

Listing Courtesy of Jonathan Weir, Marcus & Millichap

Interior Features

Heating: Wall Furnace
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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