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$7,500,000
Est. payment /mo
0.34 Acres Lot
UPDATED:
12/05/2024 02:24 AM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24134309
HOA Y/N No
Year Built 1962
Lot Size 0.341 Acres
Property Description
11 units. Trophy property in an amazing South Redondo Beach location 4 short blocks from the sand and close proximity to high end residential and commercial areas. First time available in 20 years. 2 office/retail spaces on PCH with great frontage and signage. All 9 residential units of PCH behind office commercial spaces. Office space currently used as an insurance office and pilates studio and approximately 600-800 sq ft each. Residential units are large and recently upgraded including new a/c and heaters in the residential and commercial units. 5 enclosed garages with newer garage doors and an additional 14 on-site parking spaces and a laundry room. Turnkey and rents recently increased.
Location
State CA
County Los Angeles
Area 157 - S Redondo Bch W Of Pch
Zoning RBC-2
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Biking, Curbs, Dog Park, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7508016025
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Listed by Gerard Bisignano • Vista Sotheby’s International Realty • 310-990-4727