901 N Pacific Coast Active Save Request In-Person Tour Request Virtual Tour
Redondo Beach,CA 90277
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 24,256 sqft
Price per Sqft $494
MLS Listing ID SB23229065
Year Built 1987
Lot Size 1.152 Acres
Property Description
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).
Location
State CA
County Los Angeles
Area 157 - S Redondo Bch W Of Pch
Zoning RBC3
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Cooling Central Air
Laundry None
Exterior
Community Features Park
Utilities Available Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Phone Connected,Sewer Connected,Water Connected
Waterfront Description Ocean Side Of Highway
Roof Type Composition,Copper
Building
Lot Description Corner Lot,Irregular Lot,Lot Over 40000 Sqft,Landscaped,Near Park,Sprinklers Timer,Sprinkler System,Sloped Down
Story 2
Water Public
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange,Owner May Carry
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange,Owner May Carry
Special Listing Condition Standard