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A rare opportunity for an investor or owner user to purchase a generational trophy property in the heart of Riviera Village. First time offered for sale by the family of the original owner. The building is 3,600 square feet and feature 3 individual east facing retail store fronts (3 x 1,200). Situated on two parcels totaling 5,894 square feet with 60 feet of Frontage on Catalina Avenue 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. A new roof was installed in 2023. • Prime A+ Riviera Village Location with Significant Appreciation Aspects• Substantial Rental Income Upside Potential• Two lots totaling 5,894 sq. ft. with 60 feet of street frontage. • Three Store Fronts totaling 3,600 sq. ft. (Each 1,200 Sq. Ft)• Once in a Lifetime Generational Trophy Investment DO NOT DISTURB TENANTS.
Property Type(s):
Commercial
| Last Updated | 10/21/2024 | Year Built | 1954 |
|---|---|---|---|
| Community | S Redondo Bch W of PCH | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | S Redondo Bch W of PCH |
| CONSTRUCTION | Frame, Stucco |
| HEAT | Forced Air |
| LOT | 5894 sq ft |
| LOT DESCRIPTION | Near Park, Near Public Transit, Rectangular Lot, Street Level |
| STORIES | 1 |
| UTILITIES | Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property |
| WATER | Public |
Location
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Listed with Horrell Realtors
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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