901 N Pacific Coast, Redondo Beach, CA 90277

  • $12,000,000
  • $495
901 N Pacific Coast, Redondo Beach, CA 90277
  • Commercial Sale
  • Property Type
  • 1987
  • Year Built
For Sale
901 N Pacific Coast, Redondo Beach, CA 90277
  • $12,000,000
  • $495

Overview

Property ID: SGR-20254543
  • Commercial Sale
  • Property Type
  • 1987
  • Year Built

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).

  • Address 901 N Pacific Coast
  • City Redondo Beach
  • State/county CA
  • Zip/Postal Code 90277
  • Area 157 - S Redondo Bch W of PCH
  • Country United States

Details

Updated on December 27, 2023 at 11:45 pm
  • Property ID: SGR-20254543
  • Price: $12,000,000
  • Land Area: 50200.00 m²
  • Year Built: 1987
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 24256.00
  • MLS#: SB23229065
  • Office Name: RE/MAX ESTATE PROPERTIES
  • Agent Name: Michael Talbot
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 00645363
  • IDX Contact Info: 310-422-4309

Additional details

  • Roof: Composition,Copper
  • Cooling: Central Air
  • County: Los Angeles
  • Property SubType: Office
  • Water Source: Public

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