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3500 Aviation Blvd
Redondo Beach, CA 90278
Retail Property For Sale
Investment Highlights
- Property Being Sold Vacant on an As-Is Basis
- 3,516 Square Foot First Floor With a 339 Square Foot Mezzanine
- 59,167 Cars per Day at the Intersection of Aviation Blvd and Manhattan Beach Blvd
- Zoned For C-1 (Commercial) & R-2 (Low Density Residential)
- Close Proximity to Several Food/Beverage and Entertainment Amenities
- Oversized Lot and Favorable Parking Ratio
Executive Summary
This strategically positioned property, situated on the coveted border of Manhattan Beach and Redondo Beach, presents a compelling investment opportunity. Offered vacant and on an as-is basis, the site provides a blank canvas for development. Zoned for both commercial and low-density residential use, the property offers significant flexibility for a variety of ventures. Key features include a 3,516 SF first floor and a 339 SF mezzanine, an oversized parking lot, and a favorable parking ratio. The property benefits from a prime location, with exceptional visibility and accessibility, experiencing an estimated 59,167 vehicles per day
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
4,135 SF
Building Class
B
Year Built
1971
Price
$4,000,000
Price Per SF
$967.35
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.39 AC
Zoning
C-1 & R-1 - C-1 (commercial) & R-2 (low density residential)
Parking
21 Spaces (5.08 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 4150-004-018 | Improvements Assessment | $1,310,904 |
| Land Assessment | $2,705,040 | Total Assessment | $4,015,944 |
Property Taxes
Parcel Number
4150-004-018
Land Assessment
$2,705,040
Improvements Assessment
$1,310,904
Total Assessment
$4,015,944
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