Pending

216 N Catalina Avenue

Redondo Beach CA, 90277

$5,995,000


$796.78 per sqft

Pending

16 Beds

11 Baths

7,524 sqft

Residential

Built in 1913

Listed by Jonathan Weir with Marcus & Millichap 424-405-3900

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.

24348749

MLS ID

January 16, 2024

Listed

March 28, 2024

Updated

Map

216 N Catalina Avenue
Redondo Beach CA, 90277

Interior Features

Total Stories

2


Bedrooms

16 Beds


Bathrooms

11 Baths


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.41 Acres

Other Property Details

Area Name

157 - S Redondo Bch W of PCH


Days on Market

52


Garage

Yes


Parking Total

5


View

No


County

Los Angeles


Pool

No


Zoning

RBR-3A


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

3/12/2024

Pending

3/5/2024

Under Contract

Listing Contact: 424-405-3900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 3:17 PM UTC

 

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