N Pacific Coast Redondo Beach, California 90277, United States
The Office for Sale located at N Pacific Coast Redondo Beach California 90277 is currently for Sale, N Pacific Coast Redondo Beach California 90277 is listed for $12,000,000. If the property located at N Pacific Coast Redondo Beach California 90277 isn't what you're looking for, search California Real Estate to see other Commercial for Sale in Redondo Beach .
MLS#: 372246735
$12,000,000 USD
- Minimum sellable space
- 2,253m² (24,256ft²)
Property features
Construction details
- Year built
- 1987
- Roofing
- compositionCopper
Area
- Property size
- 2,253m² (24,256ft²)
- Land/Lot size
- 4,664m² (50,200ft²)
- Cooling system
- Central AC
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
Listing Contact: 310-422-4309
