Property Showcase

715 Silver Spur RoadRolling Hills Estates, CA 90274 0

$2,900,000
Commercial
Status: For Sale Under Contract
  • Sqft:
  • Lot:0.35 acre
  • MLS#: PW21235139
33.770652770996094-118.36979675292969
Courtesy Of Caleb Baldwin, DRE#02056751, Sage Real Estate

Description:

When was the last time you saw an opportunity to own a tremendous commercial property in the heart of the Palos Verdes Peninsula… NEVER! This property features a great mix of 14 office and retail suites and is located on the heavily trafficked Silver Spur Rd. Situated on a massive 15,000+ square foot lot with high visibility, this opportunity makes sense for investors and owner-users alike. The current vacant units offer contiguous suites that can be combined for larger offices. The location is impossible to beat, as the property is just a few steps to the Promenade on the Peninsula and Peninsula Center - home to restaurants, cafes, retail shopping, and more, which provide a lifestyle geared towards tenant attraction and retention. The opportunity features a very large parking lot equipped with 14 allotted spaces, making parking for the tenants and their patrons a breeze. Additionally, the commercial zoning (CG) allows for a plethora of uses, making it easy for a wide-array of businesses to make this their next location.

Main Features:

Listing Status For Sale Under Contract Year Built 1961
County Los Angeles Rental Price $0
Units 14 Zoning CG
Building Name TKM

Additional Features:

Business Type ArtsandEntertainment
BarberBeauty
Financial
ProfessionalOffice
ProfessionalService
RealEstate
Construction Steel
Stucco
WoodSiding
Cooling WallWindowUnits
Fence None
Financing None
Laundry None
Lease Option N
Listing Service FullService
Listing Type ExclusiveRightToSell
Lot Description IrregularLot
Item01UnitAcre
StreetLevel
Occupied By Tenant
Property Subtype Office
Roof Flat
Security Features SecurityLights
Special Conditions Standard
Terms Cash
Conventional
Item1031Exchange
Utilities ElectricityConnected
PhoneConnected
SewerConnected
WaterConnected
Water Public
Year Built Source Assessor

Extra Features:

Annual Trash Expense 2743 Building Square Feet 7603
Cap Rate 4.36 CDOM 105
Co Listing Agent Email juan@sageregroup.com DOM 105
Electric Exp 799 Gross Income 114180
Gross Scheduled Income 114180 Insurance Expense 5113
Listing Key 1001299162 Net Operating Income 64382
Number of Buildings 1 Office Co List Name Sage Real Estate
Office Co List Phone 0000000000 Operating Expense 49798
Parcel Number 7589002007 Public Document Count 0
SQFT Source Assessor Topography Rolling
Water Sewer Exp 562

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2023 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 3/30/2023 9:25:17 AM

715 Silver Spur Road, Rolling Hills Estates, CA 90274

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2023 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 3/30/2023 9:25:17 AM

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