Listing provided courtesy of Jonathan Weir of Marcus & Millichap. Last updated 2024-05-01 08:11:39.000000. Listing information © 2023 CRMLS.
Asking Price: $5,995,000
216 Catalina, Redondo Beach CA 90277
Community: 157 - S Redondo Bch W of PCH
Status: Pending
This property was built in 1913 and is priced at $5,995,000. Please see the additional details below.
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.