Mixed-Use Portfolio in Redondo
For Sale
$2,095,000
832 Torrance Boulevard, Redondo Beach, CA 90277
Flexible mixed-use property near Redondo Beach pier with investment potential.
Property Size4,037 SF
Price / SF$518.95
Days on Market422
Property Features for 832 Torrance Boulevard
General Information
Standard status
Active
Size
4,037 SF
Building Details
Year Built
1935
Listing Agency:
YORKSHIRE REALTY
Listed By:
CHRIS BARKER
Source:
Corcoran
Added: Jun 4, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of YORKSHIRE REALTY
Investment Insights
Based on property information with market context.
This mixed-use portfolio features two contiguous parcels totaling 7,429 square feet on a corner lot in South Redondo Beach. The location is near the Redondo Beach pier and esplanade, with walkable access to retail, dining, and entertainment. One building at 824-830 Torrance Blvd is a two-story mixed-use building containing two commercial units on the first level and two residential units on the second level. The other building at 832 Torrance Blvd is a standalone commercial flex structure suitable for a media studio, creative office, fitness studio, retail, or automotive use. The property is suitable for investors seeking a 5.7% CAP rate, 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. The property contains 4,037 square feet.
Key Highlights
- Prime corner location in South Redondo Beach, blocks from the pier and esplanade.
- Flexible, mixed‑use portfolio with two contiguous parcels totaling 7,429 sq ft.
- Ideal for investors with a 5.7% CAP rate from day one.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $136.6k | $33.84 |
| − Vacancy | −$9.0k | −$2.23 |
| EGI | $127.6k | $31.61 |
| − OpEx | −$38.3k | −$9.48 |
| NOI | $89.3k | $22.12 |
4,037 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.49M
NOI $89,317 @ 7.0% cap · market cap 4.26%
Second Best
Office B
$1.26M
$1.10M – $1.47M
NOI $88,246 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $151,298 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,932
Businesses Nearby
Explore this area
Business Placement
Demographics for 90277, CA
37,856
Population
18,229
Households
2.1
Avg Household Size
45
Median Age
70%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
10,516
Density / Sq Mi
$131,985
Median Household Income
$87,191
Median Earnings
$2,621
Median Rent
$1,403,800
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA
Properties on Market for Mixed-use properties in Los Angeles County
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible mixed-use property near Redondo Beach pier with investment potential.
Where is this mixed-use property located?
The property is located at 832 Torrance Boulevard Redondo Beach, CA.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: Prime corner location in South Redondo Beach, blocks from the pier and esplanade.; Flexible, mixed‑use portfolio with two contiguous parcels totaling 7,429 sq ft.; Ideal for investors with a 5.7% CAP rate from day one.
