Homes for sale - 901 N Pacific Coast, Redondo Beach, CA 90277

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$12,000,000

Est. payment - /mo

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1.15 Acres Lot

Active

901 N Pacific Coast Redondo Beach, CA 90277

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In-PersonVirtual Tour

Jeff Underdahl

jeff@jeffunderdahl.com +1(760) 271-8772

UPDATED:

09/30/2024 06:42 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB23229065

HOA Y/N No

Year Built 1987

Lot Size 1.152 Acres

Lot Dimensions Assessor

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

Area 157 - S Redondo Bch W Of Pch

Zoning RBC3

Interior

Cooling Central Air

Fireplace No

Laundry None

Exterior

Community Features Park

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected

Waterfront Description Ocean Side Of Highway

Roof Type Composition,Copper

Building

Lot Description Corner Lot, Irregular Lot, Lot Over 40000 Sqft, Landscaped, Near Park, Sprinklers Timer, Sprinkler System, Sloped Down

Story 2

Water Public

Others

Tax ID 7503014016

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry

Special Listing Condition Standard

Listed by Michael Talbot • RE/MAX Estate Properties • 310-422-4309

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Jeff Underdahl

CEO/Team Leader | License ID: 01077484

+1(760) 271-8772