$12,500,000

1617 S Pacific Ccoast Hwy, Redondo Beach, CA 90277, US

Summary

Sq Ft: 16975.00
Year Built: 1961

Moving Quotes

primary photo for 1617 S Pacific Ccoast Hwy, Redondo Beach, CA 90277, US

Remarks

This prime, exceptionally visible mixed use retail/office building in Riviera Village, South Redondo Beach's most prestigious retail/office/restaurant/walking area, this 2-story generational icon stands just 2 blocks from the Esplanade oceanfront. It is located at the corner of Pacific Coast Highway and Avenue I, the main gateway to the Village. Anchored by ground-level popular Good Stuff (a regional top-grossing eatery), Coffee Bean store, and Crazy Fish, each with long-term leases ensures stability. The fully-leased always highly desirable space houses 12 additional retail or office tenants, many of whom are long-term successful businesses. The internal space is largely updated and modernized, including an upper-level art deco theme. The building includes plentiful ground-level parking (108 spaces shared with a neighboring building). This property represents a rare investment opportunity in today's severely restricted prime commercial marketplace. It is a Beach Cities jewel. Contact LA for additional details.

Details

MLS#: SB21196999
Price: $12,500,000

Sq Ft: 16975.00
Year Built: 1961

County: Los Angeles

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Broker Contact


The Realestate Group
23805 Hawthorne Blvd.
Torrance, CA, 90505
US
Lauren Kim
! 310-540-0072
! laurenk@trgrealestate.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by California Regional Multiple Listing Service, Inc
Last updated: 2022-05-05T15:05:00.000-07:00.
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