$12,000,000
901 Pacific Coast, Redondo Beach 90277
50,200
Lot Size
Listing Agent
Michael Talbot - RE/MAX Estate PropertiesThe 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).
Facts & Features
| MLS® # | SB23229065 |
|---|---|
| Price | $12,000,000 |
| Bathrooms | 0.00 |
| Lot Size | 50,200 |
| Year Built | 1987 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 901 Pacific Coast |
|---|---|
| Area | 157 - S Redondo Bch W of PCH |
| City | Redondo Beach |
| County | Los Angeles |
| Zip Code | 90277 |
Amenities
| Utilities | Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Waterfront | Ocean Side Of Highway |
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Frame, Stucco |
|---|---|
| Lot Description | Corner Lot, Irregular Lot, Lot Over 40000 Sqft, Landscaped, Near Park, Sprinklers Timer, Sprinkler System, Sloped Down |
| Roof | Composition, Copper |
| Construction | Frame, Stucco |
Additional Information
| Date Listed | December 21st, 2023 |
|---|---|
| Days on Market | 134 |
| Zoning | RBC3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Michael Talbot |
|---|---|
| Office | RE/MAX Estate Properties |