Property Showcase

717 S Pacific CoastRedondo Beach, CA 90277 0

$8,500,000
Multi-Family
Status: Active
  • Sqft:
  • Lot:0.34 acre
  • MLS#: SB22126758
33.8295783996582-118.38552093505859
Courtesy Of Gerard Bisignano, DRE#01116110, Vista Sotheby’s International Realty

Description:

Trophy property in an amazing South Redondo Beach location 4 short blocks from the sand and close proximity to high end residential and commercial areas. First time available in 20 years. 2 office/retail spaces on PCH with great frontage and signage. All residential units off PCH behind office'commercial spaces. Office space currently used as an insurance office and pilates studio and approximately 600-800 sq ft each. Most residential units are large and upgraded. 5 enclosed garages with newer garage doors and an additional 14 on-site parking spaces and a laundry room.

Main Features:

Listing Status Active Year Built 1962
Garage 5.0 Floors 2
County Los Angeles Rental Price $0
Units 9 Zoning RBC-2

Additional Features:

Common Walls Item2CommonWalls
Community Features Biking
Curbs
DogPark
Sidewalks
Financing None
Garage Y
Laundry CommonArea
Levels Two
Listing Service FullService
Listing Type ExclusiveRightToSell
Lot Description Item01UnitAcre
New Construction N
Pool None
Possession CloseOfEscrow
Sewer PublicSewer
Spa None
Spa YN false
Special Conditions Standard
Terms Item1031Exchange
Water Public
Year Built Source Assessor

Extra Features:

Annual Trash Expense 5424 Building Square Feet 7900
Cap Rate 3 CDOM 222
DOM 222 Electric Exp 2381
Fuel Exp 0 Gross Income 0
Gross Income 252000 Gross Scheduled Income 252000
Insurance Expense 6871 Listing Key 1018891846
Net Operating Income 232436 Number of Buildings 4
Operating Expense 19564 Parcel Number 7508016025
Virtual Tour https://www.aryeo.com/v2/717-s-pacific-coast-hwy-redondo-beach-ca-90277-2165821/branded Virtual Tour https://www.aryeo.com/v2/717-s-pacific-coast-hwy-redondo-beach-ca-90277-2165821/unbranded
Water Sewer Exp 4088

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: 1/27/2023 4:38:43 PM

717 S Pacific Coast, Redondo Beach, CA 90277

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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: 1/27/2023 4:38:43 PM

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