$2,250,000
$2,250,000
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SOLD DATE : 06/27/2025
Key Details
Sold Price $2,250,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-14732
Sold Date 06/27/25
HOA Y/N No
Year Built 1941
Annual Tax Amount $18,238
Tax Year 2023
Property Sub-Type Mixed Use
Property Description
MIXED USED PROPERTY on Prime Corner Lot in North Redondo Beach | Just 2.2 miles to Hermosa Beach (going West) | (Three) Commercial Retail Storefronts units on high traffic and high visibility Artesia Blvd with 2500 sf, AND (Two) Residential Bungalows on Slauson Lane with 960 sf and each 1BR/1BA. *** Great for an investor looking for a 2nd final leg to their 1031 exchange, or an owner-occupier. Two of the storefronts (#B and #C) were completely remodeled in 2020 with new HVAC, drywall, modern frontage (glass and door), recessed lighting, electrical wiring/outlets/switches, new flooring, ADA compliant bathrooms and new roof. *** Residential Bungalows (connected 1-car garages each) have 1BR/1BA each, front and back yards and located on Slauson Lane. *** Redondo Beach has an ''Artesia and Aviation Corridors Area Plan'' (dated Jan. 2020) with major plans to renovate the corridor.
Location
State CA
County Other
Zoning RBC-2-PD
Interior
Heating Central, Natural Gas
Cooling Central Air
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, In Garage
Exterior
Fence Block, Cross Fenced, Wood
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Connected, Overhead Utilities
Roof Type Composition,Rolled/Hot Mop
Present Use Commercial,Improved,Investment,Multi-Family,Residential,Single Family,See Remarks
Building
Lot Description 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Level, Near Public Transit, Sprinklers None, Street Level, Yard
Story 1
Water Public
Others
Tax ID 4157003029
Security Features Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Financing Private
Special Listing Condition Standard
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