824 Torrance
Redondo Beach, CA, 90277
$2,095,000
Beds
0 Baths
SqFt
0.17 Acres
Add
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. 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. 832 Torrance Blvd is a standalone oversized commercial structure suitable for use as a media studio, creative office, fitness studio, retail, automotive, and more. 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. Three of the units are leased to long-term tenants on flexible, market-rate leases. Please see the attached Offering Memorandum for further details.

Property Details

Price:
$2,095,000
MLS #:
PW25124572
Status:
Active
Baths:
0
Address:
824 Torrance
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
156sredondobchsoftorrancebl
City:
Redondo Beach
Listed Date:
Jun 3, 2025
State:
CA
ZIP:
90277
Lot Size:
7,429 sqft / 0.17 acres (approx)
Year Built:
1935
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Laundry Features
None

Exterior

Community Features
Biking, Curbs, Gutters, Sidewalks, Suburban, Urban
Parking Features
Assigned, Carport, Driveway, Garage, On Site
Parking Spots
8.00

Financial

Map

Community

Similar Listings Nearby

824 Torrance
Redondo Beach, CA