1010 S Pacific Coast Hwy, Redondo Beach, CA 90277
Redondo Beach, CA$3,200,000
Property Description
INVESTMENT HIGHLIGHTS
- 6 Unit Office/Retail Building for Sale/Lease
- Currently 3 Vacancies offer at $3-4.50/RSF
- Features Include: New Bathrooms, Electrical, Plumbing, Staircases, Deck’s, Flooring, HVAC, Roof, High Speed Hard Wired Internet
- 2 Ground Floor Retail Units & ($) Upstairs Office Units
- Zoned RBC-2-PD
EXECUTIVE SUMMARY
New Construction 2020 Build
6 Unit Office/Retail Building for Sale/Lease
2 Ground Floor Retail Units & (4) Upstairs Office Units
Currently 3 Vacancies offered at $3-$4.50/RSF
Zoned RBC-2-PD
Features Include: New Bathrooms, Electrical, Plumbing,
Staircases, Deck’s, Flooring, HVAC, Roof, High Speed Hard
Wired Internet and Exclusive Balconies for Office Tenants
2 Ground Floor Retail Units & (4) Upstairs Office Units
Currently 3 Vacancies offered at $3-$4.50/RSF
Zoned RBC-2-PD
Features Include: New Bathrooms, Electrical, Plumbing,
Staircases, Deck’s, Flooring, HVAC, Roof, High Speed Hard
Wired Internet and Exclusive Balconies for Office Tenants
Property Features
- Sale Price: $3,200,000
- Area Size: 4,404 SF
- Year Built: 2020
- Listing Date: 6/20/2022
- Closing Date: 9/16/2022
- Units: 6
- Current GRM: 27.56
- Current Cap Rate: 2.69%
- Market GRM: 20.05
- Market Cap Rate: 4.01%
