This sale offers the opportunity to purchase 1358 West Pacific Coast Highway, a 33,621 square foot property situated on a major thoroughfare in the city of Harbor City (coastal Los Angeles), California. The property is suitable for a new development or continued use of the existing structures.
The subject property is comprised of a single parcel for a total of 33,621 square feet of land (.77 acres.) Located on the southeast corner of Pacific Coast Highway and Belle Porte Avenue, a signalized intersection, the property is in a high visibility location and has traffic counts of approximately 45,000 vehicles per day. The site is 1.1 miles from the 110 Freeway, 2 miles from Palos Verdes and is less than ¼ mile from Kaiser Permanente South Bay Medical Center, a 24 hour per day medical facility offering a multitude of services including urgent care, emergency services, pharmacy, general care and more.
Zoning on the site is LAC2 which permits for multiple uses including retail, restaurants, office, multifamily and more. Drive-throughs are permitted with a conditional use permit. The lot has dimensions of 210’ wide x 160’ deep. Population within a 5-mile radius is approximately 423,770 people.
The property is currently used by Pacific Motorsports, a retail business offering motorcycles, ATVs, Jet Skis and more. An existing structure that measures 8,300 square feet, that functions as a large showroom and office space, can continue to be used if a buyer so desires. The property in its existing condition is well suited for retail applications requiring a large showroom and abundant outside display area, among other things.
This sale offers the opportunity to purchase a high-visibility property in a desirable, signalized corner location on Pacific Coast Highway. This property lends itself to a new development or continued use in its existing capacity. The site has attractive underlying value and is suitable for owner/users, investors and developers alike.
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