1811-1815 S. CATALINA AVE, REDONDO BEACH GENERATIONAL ... · ADDRESS: 1811-1815 S. Catalina Ave Redondo Beach, CA 90277 PRICE: $3,900,000 APN: 7511-016-021 7511-016-022 IMPROVEMENTS:

1 8 1 1 - 1 8 1 5 S . C A T A L I N A A V E , R E D O N D O B E A C HG E N E R A T I O N A L R I V I E R A V I L L A G E T R O P H YP R I M E C O A S T A L C O R R I D O R | O F F E R E D A T $ 3 , 9 0 0 , 0 0 0

JAY HORRELL(310) 729-6441

[email protected]: 00854307

JESSICA HORRELL(310) 993-5630


1860 S. Elena Ave. Ste B. Redondo Beach, CA 90277 www.HorrellRealtors.com

In The “Riviera Village”EST. 1964

ADDRESS: 1811-1815 S. Catalina AveRedondo Beach, CA 90277

PRICE: $3,900,000

APN: 7511-016-0217511-016-022

IMPROVEMENTS: 4,710 SF of Street Retail6 Store Fronts (2 Bldgs.)1,770 SF and 2,940 SF

LOT SIZE: Two Lots Totaling 9,013 SF30 x 100 and 60 x 10090 feet of Frontage

REAR BUILT: 1950 and 1957

CONSTRUCTION: One Story Wood FrameStucco and Masonry

PARKING: 12 Spaces

ZONING: C-2-PD Pedestrian OrientedCommercial Zone

UTILITIES: Separate Gas and ElectricCommon Water Meter

ANNUAL GSI: $135,420.00

PROJECTED GSI: $197,820.00

P R O P E R T Y S U M M A R Y

A rare opportunity for an investor or owner user to purchase a generational trophy property in the heart of Riviera Village. First time o�ered for sale by the family of the original owner. The two buildings combined total 4,710 square feet and feature 6 individual east facing store fronts. Situated on two lots totaling 9,013 square feet and located just a short distance from the Pacific Ocean. This property allows an investor to obtain yield growth through rental rate adjustments and property enhancements. All units are separately metered for gas and electricity.

Prime A+ Riviera Village Location with Significant Appreciation Aspects

Substantial Rental Income Upside Potential

Two lots totaling 9,013 square feet with 90 feet of street frontage.

Two Buildings totaling 4,710 sq. ft. and Two Separate APN’s

Once in a Lifetime Generational Trophy Investment

I N V E S T M E N T H I G H L I G H T S





1860 S. Elena Ave. Ste B. Redondo Beach, CA 90277

1811-1815 S. Catalina AveRedondo Beach, CA 90277





L O C A T I O N M A P







R E N T R O L L

1 8 1 1 - 1 8 1 5 S . C A T A L I N A A V E , R E D O N D O B E A C H , 9 0 2 7 7

1811-A S. Catalina Ave* 885 SF $2,005 $2.27 $3,100 $3.50 NNN

1811-B S. Catalina Ave 885 SF $2,005 $2.27 $3,100 $3.50 NNN

1813 S. Catalina Ave* 1,170 SF $3,215 $2.75 $4,095 $3.50 NNN

1815-A S. Catalina Ave* 885 SF $2,055 $2.32 $3,100 $3.50 NNN

1815-A S. Catalina Ave*

*Lease expires9/30/18

885 SF $2,005 $2.27 $3,100 $3.50 NNN

ADDRESS APPROX. SF CURRENT RENT CURRENT PER SF MARKET RENT MARKET PER SF

TOTALS 4,170 $11,285 $16,495

Y E A R L Y I N C O M E

$135,420 $197,940SCHEDULED RENT

5.1CAP RATE AT ASKING

CURRENT RENT MARKET RENT






Documents

1811-1815 S. CATALINA AVE, REDONDO BEACH GENERATIONAL ... · ADDRESS: 1811-1815 S. Catalina Ave Redondo Beach, CA 90277 PRICE: $3,900,000 APN: 7511-016-021 7511-016-022 IMPROVEMENTS: