717 S Pacific Coast, Redondo Beach, CA 90277

$7,500,000
List Price
$7,500,000
Price Change
▼ $1,000,000 1685577623
Status
ACTIVE
MLS#
SB22126758
Year Built
1962
Lot Size
14,843
Acres
0.34
Lot Location
Item01UnitAcre
Days on Market
353
Property Type
Multifamily
Stories
Two Levels

Property Description

$1m price reduction. Owner wants to see offers. 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. Residential units are large and recently upgraded including new a/c and heaters in the residential and commercial units. 5 enclosed garages with newer garage doors and an additional 14 on-site parking spaces and a laundry room. Turnkey and rents recently increased.

Additional Information

Pool Description
None
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
9
Gross Scheduled Income
$252,000
Operating Expense
19564

Listing courtesy of Listing Agent: Gerard Bisignano (gerard@coastalluxuryliving.com) from Listing Office: Vista Sotheby’s International Realty.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.