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901 N Pacific Coast Redondo Beach, CA, 90277
$12,000,000 $1,500,000 Commercial for sale Office
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).
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Property details
24,256 sqft interior area
Land area
50,200 sqft (1.15 acres)
Days on Verhouse
143
Address
901 N Pacific Coast, Redondo Beach, CA, 90277
City of California
Redondo Beach
County
Los Angeles
Previous price
$13,500,000
Year Built
1987
District
Listing
Nearby major retailers
Costco
Lowe's
Walmart Neighborhood Market
Toyota
T-Mobile
Trader Joe's
Whole Foods Market
Wholesale: 2
Do it yourself: 1
Supermarket: 10
Car: 1
Mobile phone: 5
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Interior Features
—
Roof
Shingle
Utilities Included
Electricity Connected, Natural Gas Connected, Other, Cable Available
Other rooms
Elevator
Listed by
Michael Talbot, RE/MAX Estate Properties
Name
Michael Talbot
License number
00645363
Brokerage company
RE/MAX Estate Properties
MLS #
CRSB23229065
Payment calculator
Calculate your monthly payments
Mortgage
$36,843
Taxes
$0
HOA dues
$0
Mortgage
$2,400,000 / 20%
2.28%
30 years
Your amount
$36,843 / month
Exterior Features
Stucco, Frame construction and more
Construction
Stucco, Frame
Yard
Landscaping
Lot details
TMK #7503014016
Parcel nr.
7503014016
90277 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90277
44%
Families with children
National average: 39%
39%
Non family households
282,931
Population
$142,268
Average Income
Age & gender
Median age 41 years
More info
Commute types
84% commute by car
More info
Education level
37% have bachelor education
More info
Number of employees
3% work in education and healthcare
More info
Vehicles available
46% have 2 vehicle
More info
Vehicles by gender
46% have 2 vehicle
More info
Housing market insights for
$1.98m
Neighborhood average
sales price*
sales price*
$1.6m
Neighborhood median
sales price*
sales price*
523
Number
of sales*
of sales*
Housing type
50% are single detacheds
More info
Rooms
38% of the houses have 4 or 5 rooms
More info
Bedrooms
61% have 2 or 3 bedrooms
More info
Owners vs Renters
54% are owners
More info
16.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease Dec 27, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Dec 27, 2023 | Price Decrease | $12,000,000 -11.11% | 0 | MLS #CRSB23229065 |
| Dec 21, 2023 | New Listing | $13,500,000 | 0 | MLS #CRSB23229065 |
Taxes of 901 N Pacific Coast, Redondo Beach, CA, 90277
RBC3 zoning / MLS #CRSB23229065
Zoning
RBC3
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Frequently Asked Questions about 901 N Pacific Coast
What is 901 N Pacific Coast?
901 N Pacific Coast is a Commercial/Industrial propertywith 24,256 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
901 N Pacific Coast, Redondo Beach, CA, 90277.
What comparable properties are nearby?
Comparable nearby commercial properties include 717 S Pacific Coast, 1870 S Elena Ave, 824 1st St, 1242 Hermosa Ave, 1731 Pacific Coast Hwy, 17002 Prairie Ave.
Based on information from the bridgeMLS as of 05-12-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Dec 28, 2023
Verhouse Last checked 5 minutes ago
The closest grocery stores are Smart & Final Plus, 0.19 miles away and Whole Foods Market, 0.51 miles away.
The 90277 zip area has a population of 282,931, and 44% of the families have children. The median age is 41.44 years and 84% commute by car. The most popular housing type is "single detached" and 54% is owner.
