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715 Silver Spur Road

Rolling Hills Estates, CA 90274

0 Bd
0 Ba
15,378 Lot
$2,700,000 SOLD Price | Closed 6/2/23
Closed Status
93 Days on Market
Oct 26 First Day Active
$2,900,000 Start Price

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.

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Property Details for 715 Silver Spur Road

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Caleb Baldwin
Listing Brokered By
Sage Real Estate
Type
Commercial Sale, Office
Year Built
1961 (Assessor)
MLS Area
175 - Peninsula Center

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
93 DOM
Combined DOM*
93
First Date Active
October 26th, 2021
Closing Date
June 2nd, 2023
Sold Price
$2,700,000
Orig. List Price
$2,900,000
MLS® #
PW21235139
APN
7589002007
Special
Standard

Home Interior Information

Cooling
Wall/Window Unit(s)

Room Information

Laundry
None

Exterior Information

Lot Description
Irregular Lot, 0-1 Unit/Acre, Street Level
Lot Size (sq. ft.)
15,378
Lot Size (acres)
0.35
Roof
Flat
Security
SecurityLights
Parking Spaces
16

Utilities Information

Utilities
Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Water Source
Public

Additional Information

Zoning
CG
Buyer's Brokerage Fee
2.000
Co-Agent
Juan Huizar
Co-Agent Office
Sage Real Estate

* 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.

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Neighborhood Information

MLS Area
175 - Peninsula Center
City/State
Rolling Hills Estates
Zip Code
90274
County
Los Angeles
# of Units
14
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Listing/Price History

715 Silver Spur Road, Rolling Hills Estates, CA (MLS® #PW21235139)

Date Details Price Change
Closed $2,700,000
Active Under Contract (from Active)
First Day Active $2,900,000
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Listing Summary

Quick Summary of 715 Silver Spur Road: This home in Rolling Hills Estates is priced at $2,900,000 . The Office residence was originally built in 1961 and was listed on October 26th, 2021 at $2,900,000, showing 93 Days on Market currently. Contact Dave Fratello today for more information or to go see 715 Silver Spur Road.

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Based on information from California Regional Multiple Listing Service, Inc. as of March 29th, 2024 at 5:45am PDT. 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.