This Multifamily Property is no longer advertised on LoopNet.com.

402-408 N Pacific Coast Hwy
Redondo Beach, CA 90277
 Income-Generating, Multi-Property Asset · Multifamily Property For Sale · 4 Units

Apartment Buildings California Redondo Beach 402-408 N Pacific Coast Hwy, Redondo Beach, CA 90277

Investment Highlights

  • 402-408 N Pacific Coast Highway, comprising three properties and one commercial lot, is currently generating income until 2025.
  • Discover an automotive shop leasing until 2025 (with no options), an SFR with a yard (MTM tenant), and a vacant triplex on the 0.55-acre property.
  • 402-408 N Pacific Coast Highway boasts a daily traffic count of over 65,000 cars and offers access to surrounding retail and residential amenities.
  • Redondo Beach is about 22 miles southwest of Downtown LA and 7 miles south of LAX, near Torrance, Manhattan Beach, and Long Beach.
  • Redevelopment options are available after 2025, and the current RBC-2B zoning allows mixed-use or much-needed housing.

Property Facts

Sale Condition Auction Sale Building Class C
Type of Ownership Fee Simple Lot Size 0.55 AC
No. Units 4 Building Size 2,946 SF
Property Type Multifamily No. Stories 1
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
 Year Built 1903
Apartment Style Low-Rise Parcel Numbers
7503-018-004
  • 7503-018-005
  • 7503-018-008
  • 7503-018-009
Zoning RBC-2B - Commercial
Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.55 AC
Building Size 2,946 SF
No. Stories 1
Year Built 1903
Zoning RBC-2B - Commercial
Parcel Numbers
7503-018-004
  • 7503-018-005
  • 7503-018-008
  • 7503-018-009

Links

 

  • Listing ID: 30616289

  • Date on Market: 1/9/2024

  • Last Updated:

  • Address: 402-408 N Pacific Coast Hwy, Redondo Beach, CA 90277

The Redondo Beach Multifamily Property at 402-408 N Pacific Coast Hwy, Redondo Beach, CA 90277 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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