$5,010,000
$5,995,000
16.4%For more information regarding the value of a property, please contact us for a free consultation.
216 N Catalina Ave Redondo Beach, CA 90277
16 Beds
11 Baths
7,524 SqFt
Key Details
Sold Price $5,010,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,524 sqft
Price per Sqft $665
MLS Listing ID 24-348749
Sold Date 05/14/24
Bedrooms 16
Year Built 1913
Lot Size 0.414 Acres
Acres 0.1378
Property Sub-Type Multi-Family
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 S. Redondo Beach South Of Pch
Zoning RBR-3A
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment None
Exterior
Parking Features Garage Is Attached
Garage Spaces 5.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Kape Property Management, Inc.