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220 S Pacific Coast Hwy
10,212 SF 46% Leased Office Building Redondo Beach, CA 90277 $5,400,000 ($529/SF)
Investment Highlights
- Situated just north of the major intersection of Pacific Coast Highway and Torrance Boulevard, with a traffic volume of approximately ±60,000 vehicles
- Rare Secured Garage Parking with Ample Stalls Count (±26 Stalls)
- Approximately two blocks away from the beach, Redondo Pier, and King Harbor.
- New HVAC & Roof Installed in 2019 + Other Recent Cap Ex & Unit Remodels
Executive Summary
Financing: There is owner financing offered on this building if you have a client that is interested in leveraging into a commercial investment at good terms this could be the perfect property. In addition, there is flexible space and the property qualifies for SBA. For more information about owner financing terms contact the listing agent, Dean Thomas 310-874-1010. Residential mixed use space, available.
Nestled in an enviable location, this property is only ±2 blocks from the picturesque beach, Redondo Pier, and the vibrant King Harbor. Providing a unique selling point for discerning tenants and investors alike.
One of the standout features of this property is the rare secured garage parking facility, offering a generous ±26 stalls. In an area where parking is often at a premium, this ample parking space provides a significant advantage, making the property even more attractive to potential occupants.
In addition to its unbeatable location and parking convenience, this property offers immediate access to a variety of desirable retail amenities, ensuring that tenants and residents have everything they need within arm's reach.
Investors will be pleased to know that the property received significant upgrades in 2019, including new HVAC and a roof installation. Alongside these updates, recent capital expenditures and unit remodels have enhanced the overall appeal and functionality of the building, making it an excellent investment opportunity.
This commercial building truly represents an exceptional chance to own a property with immense potential in a prime coastal location. Whether you're seeking an income-generating asset, a mixed-use development project, or a strategic investment, this property offers it all, combining convenience, views, and potential for future growth. Don't miss this opportunity to make your mark in the thriving Redondo Beach area.
Property Facts
Amenities
- 24 Hour Access
- Courtyard
- Property Manager on Site
- Signage
- Bicycle Storage
- Natural Light
- Air Conditioning
- Balcony
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Lease option to purchase available, ask listing agent for details. Residential use available.
Lease option to purchase available, ask listing agent for details. Residential use available.
Space | Size | Space Use | Condition | Available |
1st Fl-Ste 105 | 630 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 106 | 809 SF | Office | Partial Build-Out | 60 Days |
1st Fl-Ste 105
Size |
630 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
Now |
1st Fl-Ste 106
Size |
809 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
60 Days |
1st Fl-Ste 105
Size | 630 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | Now |
Lease option to purchase available, ask listing agent for details. Residential use available.
1st Fl-Ste 106
Size | 809 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | 60 Days |
Lease option to purchase available, ask listing agent for details. Residential use available.
PROPERTY TAXES
Parcel Number | 7505-020-043 | Improvements Assessment | $494,021 |
Land Assessment | $403,449 | Total Assessment | $897,470 |
PROPERTY TAXES
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220 S Pacific Coast Hwy
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