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$12,000,000

For Sale

2 years ago

MLS® SB23229065

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 823
Approx. Age 1987
MLS® Number SB23229065

Property Address: 901 N Pacific Coast Hwy, Redondo Beach, CA, 90277-2162

Average square foot calculated using Size range provided by listing agent.

Description

NOTICE TO ALL INTERESTED PARTIES - property is being withdrawn from the market while a complete renovation of the parking area, lighting and landscaping is under construction. We will be coming back on the market next spring. Please contact the listing agent for updates on leasing updates with renewals and new leases. The current list price is $12, 000, 000 while the parking structure renovation is underway during the Spring of 2024 with an anticipated completion date in the summer. Once the project is complete, all the units are leased and new lease terms have been secured with current tenants then the price will be increased to $13, 500, 000 or more. (This is a value add opportunity, ideal for an owner user or investor). The seller may consider an adjusted price point for an as is offer while improvements are being completed. Owner financing maybe considered for a qualified buyer with terms to be determined for a possible long term commitment. A High traffic signalized corner located at the gateway to the beach communities of Redondo and Hermosa Beach. Easy to show lock box on second floor - call listing agent for an accompanied tour or go at your leisure from 9 to 4:30 (elevator and stair well are locked after hours).
MLS® NumberSB23229065
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1987
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 21, 2023List Date
$12,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
901 N Pacific Coast Hwy, Redondo Beach, CA

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