$2,850,000
For Sale

1215 S Pacific Coast

Redondo Beach, CA 90277
0.14 acres | #SB25110863
Listing OfficeEstate Properties
Browse 26 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

This 6-unit strip center is located on a major commercial corridor corner in South Redondo Beach offering multiple owner user or value add opportunities with month-to-month tenants at below market rates. This is a high exposure corner with 73 feet of frontage along PCH with onsite parking on both the north-side and south-side of the building with curb-side parking directly in front. The antique store will be immediately available at the close of escrow.<br />All leases are short term modified gross leases. Utility notes - Gas - 3 meters (1223, 1215, and 1213 have gas meters) - Water - 4 water meters (1223, 1219, 1215 and 1213 have water meters), 1217 shares 1215 water meter, 1221 shares 1219 water meter and 1223,1215, and 1213 tenants pay the water utility bill. <br />Landlord - seller (unit 1213) pays the water utility bill for 1219.<br />All leases have a provision that tenant is supposed to pay for all utilities even if meter is shared.

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
      • Lot DescriptionCornerLot, Level, RectangularLot, StreetLevel, Flat
      • CountyLos Angeles
      • MLS #SB25110863
      • MLS #SB25110863
      • Property TypePurchase
      • Original List Price$285,000
      • Cost2850000
      • Acres0.1385
      • Taxes Annual$6,024
      • Property SubtypeRetail
      • Year Built1955
      • Stories1

Location

Cristina Arneson-CabreraReal Estate Group
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