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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

Introducing a prime commercial building with exceptional potential, located just north of the bustling intersection of Pacific Coast Highway and Torrance Boulevard, where traffic flows at an impressive ±60,000 vehicles per day. This versatile property consists of 11 units, offering an array of office, mixed-use, and residential possibilities.
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

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,212 SF
Building Class
B
Year Built
1985
Price
$5,400,000
Price Per SF
$529
Percent Leased
46%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,106 SF
Building FAR
0.90
Lot Size
0.26 AC
Zoning
RBMU-3 - Mixed-Use - commercial & residential uses permitted
Parking
26 Spaces (2.55 Spaces per 1,000 SF Leased)

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
  • 1st Fl-Ste 105
  • 630 SF
  • Office
  • Partial Build-Out
  • Now

Lease option to purchase available, ask listing agent for details. Residential use available.

  • 1st Fl-Ste 106
  • 809 SF
  • Office
  • Partial Build-Out
  • 60 Days

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.

Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7505-020-043
Land Assessment
$403,449
Improvements Assessment
$494,021
Total Assessment
$897,470
  • Listing ID: 30823267

  • Date on Market: 1/30/2024

  • Last Updated:

  • Address: 220 S Pacific Coast Hwy, Redondo Beach, CA 90277

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