Remarks

This 6-unit strip center is located on a major commercial corridor corner in South Redondo Beach offering multiple owner user or value add opportunities with month-to-month tenants at below market rates. This is a high exposure corner with 73 feet of frontage along PCH with onsite parking on both the north-side and south-side of the building with curb-side parking directly in front. The antique store will be immediately available at the close of escrow.

All leases are short term modified gross leases. Utility notes - Gas - 3 meters (1223, 1215, and 1213 have gas meters) - Water - 4 water meters (1223, 1219, 1215 and 1213 have water meters), 1217 shares 1215 water meter, 1221 shares 1219 water meter and 1223,1215, and 1213 tenants pay the water utility bill.
Landlord - seller (unit 1213) pays the water utility bill for 1219.
All leases have a provision that tenant is supposed to pay for all utilities even if meter is shared.

Details

MLS#: SB25110863
Price: $2,850,000

Sq Ft: 4098.00
Year Built: 1955

County: Los Angeles