Redondo Beach CA Real Estate & Commercial for Sale

We are proud to present 2001 Artesia Blvd #103 Redondo Beach CA, which is located in "The Montecito" building. This prime ground floor location unit is ideal for retail or an office. Excellent high traffic location. The Montecito is a mixed use complex that seamlessly blends together work and pleasure. It is minutes away from the beach and an array of award winning restaurants. The unit is 1,760 sq ft, with beautiful engineered hardwood floors, 6 offices for privacy, 6 cubicles, a conference room, a bathroom, a kitchenette, and assigned parking spaces. HOA is $542.

Rare opportunity to own a trophy asset at the Gateway to the beach cities located on the signalized corner of Pacific Coast Hwy. and Herondo (Anita - 190th) with a traffic count of 90k daily with 130 feet of frontage along PCH and 704 feet along Herondo. The three freshly painted 2 story contemporary professional commercial buildings of approx. 24,256 sq. ft. are divided into 8 suites spread out on a 50,188 sq. ft. lot. A strong seasoned tenant base is supporting a 3.6% cap rate as is with one vacancy providing a value add opportunity or to satisfy an owner user to occupy a 4,000 sq. ft. ocean view office. Within the first year, there's an opportunity to lease up the vacant space, update cam charges as leases come up for renewal and adjust rents at market rates to a 5% cap rate. Please see the attached supplements with the marketing brochure with a virtual tour and rent roll, APOD, traffic count and demographics.

Prime location on Pacific Coast Highway in South Redondo Beach. Retail with Office space on PCH with high traffic count near signalized intersection. Newer Construction in 2013 for an Owner/User. Retail space with three stories including two large loft areas. Private Gated Parking with 4 standard + 1 handicap space. Just a few blocks to Redondo Beach Pier and King Harbor Yacht Club. Commercial Zoning C-2B, contact City of Redondo Beach regarding specific planning and zoning opportunities.

Three (3) buildings currently being used as preschool, education center & parish offices.Approximately 15,566 square feet of improvements situated on approximately 68,003 square feet of RBRH-2 (54,477 sf) & RBR-3 (13,526 sf) zoned land.Signalized intersection.Property backs to Central CourtCurrently striped for 78 vehicles (4.875:1000)Excellent main street (Pacific Coast Hwy) exposure & signage Development opportunity availableProperty tour & showing with acceptable offer (see attached photos)