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Rancho Palos Verdes Retail Space
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20 Miraleste, Rancho Palos Verdes, CA 90275

Retail space in Rancho Palos Verdes neighborhood center.

Space SizeContact for details
Property Size7,780 SF
Days on Market117

Property Features for 20 Miraleste

General Information

Standard status Active
Size 7,780 SF
Property subtype Commercial

Building Details

Building Size 7,780 SF
Year Built 1972
Listing Agency:
Listed By: Livia Pierson
Source: Elliman
Added: Apr 24 Changed: Aug 16 Last Checked: Aug 18 at 6:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Livia Pierson

Investment Insights

Based on property information with market context.

Located in the Miraleste Plaza neighborhood center on the east side of Rancho Palos Verdes, this space at 20 Miraleste Plaza has been a community fixture since the plaza's planning in the early 1900s. The location provides access to clientele within Rancho Palos Verdes, the gated City of Rolling Hills, and the nearby City of San Pedro. The plaza has served as a financial hub since the 1980s, with neighboring tenants including mortgage brokers, a Compass Realty office, and Peninsula Escrow. Renovated in 2019 by Union Bank, the space has seen limited use since its acquisition by US Bank, presenting an opportunity for a new bank or other business. The space has functioned as a bank since the 1980s. Nearby traffic drivers include UCLA’s South Bay Campus, the Eastfield Gate of Rolling Hills, Mira Catalina Elementary School, Trump National Golf Course, Miraleste Intermediate School, LA County Fire Dept. Station 83, and the Miraleste Public Library. Unique features include a walk-in safety deposit vault, a drive-through at the rear, panoramic windows at reception with a partial Port of LA harbor view, and a full 2019 build-out for a retail bank. The landlord is open to negotiations regarding tenant improvements. The space can be used for retail, medical, or office purposes.

Key Highlights

  • Established bank space since the 1980s, lightly used since 2019 renovation.
  • Strategic location in Miraleste Plaza, Rancho Palos Verdes, offering access to clientele from multiple areas.
  • High‑value surrounding area, with average single‑family home sale prices reaching ~$2.1MM and ~$3.7MM.

Property Analytics

Current Use

Banks

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Bakery Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby
1k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Union Bank Shops & Services
1,164 visits/mo 0.1 miles

Demographics for 90275, CA

42,452
Population
16,668
Households
2.5
Avg Household Size
50
Median Age
69%
College-Educated
98%
High-School Grad
13.5 sq mi
ZIP Area
3,145
Density / Sq Mi
$175,212
Median Household Income
$95,000
Median Earnings
$3,501
Median Rent
$1,543,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Retail space in Rancho Palos Verdes neighborhood center.
Where is this bank located?
The property is located at 20 Miraleste Rancho Palos Verdes, CA.
What are key features of this property?
This property features: Established bank space since the 1980s, lightly used since 2019 renovation.; Strategic location in Miraleste Plaza, Rancho Palos Verdes, offering access to clientele from multiple areas.; High‑value surrounding area, with average single‑family home sale prices reaching ~$2.1MM and ~$3.7MM.
More about this property
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