Historical Office Sale Listing - Prime PCH Location Office Building

Office For Sale

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Prime PCH Location Office Building

1200 S Pacific Coast Highway, Redondo Beach, CA 90277

N/A

4,138 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
4,138 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
6%
Occupancy:
100%
Building Class:
B
Tenancy:
Multiple
Lot Size:
7,697 SF
APN / Parcel ID:
7510-014-001
Listing ID
18024120
Last Updated
over 1 year ago

Description

Beach City Brokers is pleased to present the sale of 1200 South Pacific Coast Highway in Redondo Beach California. This Office building is a seven-suite building, with two suites upstairs and five downstairs. Constructed in 1979 and remodeled in 2006 this building is located in the heart of Redondo Beach. located ON Pacific Coast Highway this building boasts ample parking with 12 spots as well as an easy access location.

There are seven suites in the building currently leased as modified gross. Utilities (gas, water and electric) are split amongst tenants based on percentage leased space.

Expenses are based on estimated yearly amounts based on December 2012 costs and slight increases for summer months. Building is owner occupied and managed.

Corner of Pacific Coast Highway and Avenue D

Map of 1200 S Pacific Coast Highway, Redondo Beach, CA 90277 (Los Angeles County)

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Created 2/11/2013