$494.72 Per Sq Foot $64,419 est/mo Sourced by Back At You

901 N Pacific Coast,Redondo Beach, CA 90277

Redondo Beach CA, 90277

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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).

Details

MLS#SB23229065
Listing TypeFor Sale
StyleOffice Building
Building NameHerondo Plaza
Sub-TypeResale
StatusActive
Year1987
Days On Site213
Listing Provided ByRE/MAX Estate Properties 310-378-9494 | Michael Talbot

Features

SQ Feet24,256
Story(s)2
Building(s)3
ZoningRBC3
Acreage1.15
Water FrontYes

Market Activity 90277

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityRedondo Beach
Zip Code90277
Area157 S Redondo Bch W of PCH
Listing VS Median (in 90277)
Price:
$12,000,000
low | high
Med:
$1,550,000
100% of Average
SqFt:
24,256
low | high
Med:
1,760
100% of Average
$ / SqFt:
$495
low | high
Med:
$881
28.015151515151% of Average
On Site:
213
low | high
Med:
39.000000
100% of Average
Sourced by Back At You
Listing Updated: May 20, 2024 at 9:26:27 PM PDT