Description
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).
Property Details for 901 N Pacific Coast
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Michael Talbot
- Listing Brokered By
- RE/MAX Estate Properties
- Type
- Commercial Sale, Office
- Year Built
- 1987 (Assessor)
- MLS Area
- 157 - S Redondo Bch W of PCH
Price and MLS Information
- Status
- Active | Listing History
- MLS Days on Mkt.
- 358 DOM
- Combined DOM*
- 680
- First Date Active
- December 21st, 2023
- Current Price
- $12,000,000
- Orig. List Price
- $13,500,000
- MLS® #
- SB23229065
- APN
- 7503014016
- Special
- Standard
Home Interior Information
- Cooling
- Central Air
Room Information
- Laundry
- None
Exterior Information
- Lot Description
- Corner Lot, Irregular Lot, Near Park, Sprinkler System, Landscaped, Lot Over 40000 Sqft, Sloped Down, Sprinklers Timer
- Lot Size (sq. ft.)
- 50,200
- Lot Size (acres)
- 1.15
- Roof
- Composition, Copper
- Security
- FireSprinklerSystem, SmokeDetectors
Utilities Information
- Utilities
- Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected
- Electric
- Volts220Other, SeeRemarks
- Water Source
- Public
Additional Information
- Zoning
- RBC3
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
Neighborhood Information
Listing/Price History
901 N Pacific Coast, Redondo Beach, (MLS® #SB23229065)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $13,500,000) | $12,000,000 | $1,500,000 (11.11%) | |
| First Day Active | $13,500,000 | – |
Listing Summary
Quick Summary of 901 N Pacific Coast: This home in Redondo Beach is priced at $12,000,000 . The Office residence was originally built in 1987 and was listed on December 21st, 2023 at $13,500,000, showing 358 Days on Market currently. Contact Dave Fratello today for more information or to go see 901 N Pacific Coast.
Based on information from California Regional Multiple Listing Service, Inc. as of December 13th, 2024 at 12:32pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
