$ 12,000,000
901 North Pacific Coast Redondo Beach, CA 90277
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Listed by Michael Talbot • RE/MAX Estate Properties
$ 12,000,000
Est. payment | /mo
$ 12,000,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB-23229065
Year Built 1987
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
Zoning RBC3
Interior
Cooling Central Air
Laundry None
Exterior
Utilities Available Sewer Connected, Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected
Waterfront true
Building
Lot Description Sprinklers Timer, Sloped Down, Sprinkler System, Irregular Lot, Landscaped, Lot Over 40000 Sqft, Park Nearby, Corner Lot
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Marissa Buss & Danny Lambert
Lic# 01770909 | 01834114