832 Torrance Boulevard
Redondo Beach, CA 90277
0.17 acres | #PW25124538
Description
This is a rare opportunity to acquire a flexible, mixed-used portfolio consisting of two contiguous parcels totaling 7,429 sq ft on a prime corner in South Redondo Beach. Located just blocks from the Redondo Beach pier and esplanade, the site is walkable to premier retail, dining, and entertainment options. <br />824-830 Torrance Blvd is a two-story mixed-use building with two commercial units on the first level and two residential units on the second level. <br />832 Torrance Blvd is a standalone oversized commercial flex structure suitable for use as a media studio, creative office, fitness studio, retail, automotive, and more.<br />This property is ideal for investors seeking a 5.7% CAP rate from day one, owner-users desiring a live/work setup, or developers considering future repositioning under C2 zoning.<br />Three of the units are leased to long-term tenants on flexible, market-rate leases. <br />Please see the attached Offering Memorandum for further details.
Location
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Last Updated:Â . Source: CRMLS
Provided By
Listing Agent: Chris Barker (#PWBAKECHR)
Listing Office: Yorkshire Realty (#PB18050)
