901 N Pacific Coast Active

Redondo Beach,CA 90277

$ 12000000

- Bed

- Bath

24256 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 24,256 sqft

Price per Sqft $494

MLS Listing ID CRSB23229065

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1987

Lot Size 1.152 Acres

Property 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).

Location

State CA

County Los Angeles

Interior

Cooling Central Air

Fireplace No

Building

Water Public

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