Sold

216 N Catalina Ave

Redondo Beach CA, 90277

$5,010,000


$665.87 per sqft

Sold

16 Beds

11 Baths

7,524 sqft

Multi-family

Built in 1913

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.

24-348749

MLS ID

January 17, 2024

Listed

October 2, 2024

Updated

Map

216 N Catalina Ave
Redondo Beach CA, 90277

Interior Features

Total Stories

2


Bedrooms

16


Total Bathrooms

11


Appliances

None


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.41 Acres

Other Property Details

Area Name

S. Redondo Beach South of PCH


Days on Market

45


Garage

Yes


Parking

Garage Is Attached


Parking Total

5


View

No


County

Los Angeles


Pool

No


Zoning

RBR-3A

Listing History

Date

Event

Price

5/16/2024

Sold

$5,010,000

3/12/2024

Pending

3/4/2024

Under contract

Listed by Jonathan Weir with Marcus & Millichap
Listing Contact: 707-225-2402 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Erik Brunken shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/2/2024

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