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Key Details
Sold Price $1,875,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25132055
Year Built 1963
Lot Size 6,534 Sqft
Property Sub-Type Retail
Property Description
Stabilized Triple Net retail property for sale in the heart of Redondo Beach, approximately 1.5 miles from Hermosa Beach sand. It is fully occupied with three long-term tenants with off-street parking and beautiful tenant improvements. The property is surrounded by residential neighborhoods with local favorites within walking distance. It's on a high traffic street, driving business through signage and walkability. Its three tenants are well established in the South Bay community. Pursue Coffee is a boutique coffee shop with a homey neighborhood vibe. They are a local favorite. The smoke shop is a well maintained space with a private restroom. The largest tenant is occupied by a South-Bay favorite restaurant and they use the space for their take out and delivery services. It has a full kitchen, two restrooms, an eating and service area, and reception counter.
Don't miss this opportunity to own a great asset in the heart of the South Bay!
Location
State CA
County Los Angeles
Area 152 - N Redondo Bch/Villas South
Interior
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Special Listing Condition Standard
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Bought with General NONMEMBER NONMEMBER MRML
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