Redondo Beach, CA 90277 717 Torrance Boulevard

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  • MLS# SB20131827
  • 07/07/2020
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Presented By: Jay Horrell with Horrell Realtors.
  • Year Built • 1967

Home Details

715-717 Torrance Blvd, is located in the heart of South Redondo. A rare opportunity for an Investor or Owner User to purchase a Generational Commercial Building offered for sale for the first time by the original Owner/Developer. Situated on a 7,424 sq. ft. lot zoned C-2. Originally developed in 1967 as three contiguous retail store fronts totaling 3,067 square feet. Each of the three spaces features a restroom, front entry, rear entry and are individually metered for gas and electric. The subject property is located less than a mile from the Redondo Beach Pier, Marina and King Harbor. This property allows an investor to obtain yield growth through rental rate adjustments based on property enhancements. • Prime South Redondo Location with Significant Appreciation Aspects • Substantial Rental Income Upside Potential • 109 feet of street frontage.
Presented By: Jay Horrell with Horrell Realtors.

Interior Features for 717 Torrance Boulevard

Other Interior Features

Laundry FeaturesNone

General for 717 Torrance Boulevard

Additional Parcels Y/NNo
Business TypeRetail, Single-Tenant, Stand-Alone
Construction MaterialsBlock, Drywall, Frame, Stucco
ElectricElectricity - On Property
Land Lease Y/NNo
MLS Area155 - S Redondo Bch N of Torrance Bl
Open Parking Spaces11
Property SubTypeRetail
Property TypeCommercial Sale
RoofComposition
TermsCash, Cash to New Loan, 1031 Exchange
Total Units1
UtilitiesElectricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Sewer Expense600

Exterior for 717 Torrance Boulevard

Lot FeaturesCorner Lot, Near Public Transit, Rectangular Lot, Street Level
Lot Size Acres0.17
Lot Size Area7424
Lot Size SourceAssessor
Lot Size Square Feet7424
Lot Size UnitsSquare Feet
Number of Buildings1
Total Parking11
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group
Price $1,649,000
MLS#SB20131827
List Date 07/07/2020
Property Type Commercial
Phone 310.658.1749
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