401 401-417 Pacific Coast Hwy, Redondo Beach

$5,975,000

0 Beds
0 Baths
0 Sqft
33,400 Lot Sqft
0 Garages

This is an opportunity to purchase a unique corner-commercial development property located on the famous Pacific Coast Hwy, in one of best beach cities of California; Redondo Beach, known not only for its thriving community and dense population, but for its multi-million homes, upscale boutiques, national banks and restaurants. S
This desirable commercial property is comprised of 5 parcels totaling 33,400 SF., with over 240 SF of frontage on PCH, with excellent visibility and high traffic count, only 2 short blocks to the ocean and the beautiful Redondo pier. The property is zoned RBC2, allowing for most commercial uses, (buyer should verify with the city of Redondo Beach). The parcels 411,413 and 417 totaling about 22,600 Sq.Ft. could be purchased separably.
There are 3 structures on the corner lots, a retail store about 1200 SF, a storage area abut 2000 Sq.Ft., and a 2-car garage, recently on the market on a short-term lease for $5,500/month.
SELLER MAY FINANCE WITH 40% DOWN.

Essential Information
MLS® #SB18197923
Price$5,975,000
Lot Sqft33,400
Acres0.77
TypeLot-Land
Sub-TypeLots and Land
StatusActive
Community Information
Address401 401-417 Pacific Coast Hwy
CityRedondo Beach
CountyLos Angeles
StateCA
Area

S. Redondo Beach South of PCH (157)

Amenities
ViewNo View
Lot Description

Corner Lot, Lot 20000-39999 Sqft

Additional Information
Date ListedAugust 13th, 2018
Days on Market593
ZoningRBC2
Listing Details
AgentDarren Chehrazi(01250268)
OfficeRE/MAX Estate Properties
Property History
Status Changed from Pending to Active
Status Changed from Active to PendingStatus Changed from Active to Pending
Price Reduced from $6,500,000 to $5,975,000
Price Reduced from $6,650,000 to $6,500,000
Price Reduced from $6,900,000 to $6,650,000
Show All History (6)
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Based on information from California Regional Multiple Listing Service, Inc. as of April 7th, 2020 at 9:12pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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