Building Details

Building Size 8,560 SF

Year Built 1963

Buildings 2

Stories 3

Tenancy Multi

Listing Agency: West Shores Realty g***@gmail.com Show Phone

Listed By: George Takis · License #01126091 Show Phone

Source: Elliman

Added: Aug 11 Changed: Aug 12 Last Checked: Aug 12 at 5:49AM

Report an Issue

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 West Shores Realty

Investment Insights

Based on property information with market context.

Built in 1963, this three-story office building is configured with nine offices and is occupied by multiple office tenants. An elevator serves the building, while outdoor stairs and separate entrances connect the interior spaces. The upper level includes a loft penthouse with ocean views.

The property is located in Malaga Cove within Palos Verdes Estates. Its zoning is designated for Hotel/Restaurant use, providing a distinct regulatory framework for evaluating future occupancy and operations. The current office configuration, multiple access points, and elevator create a flexible physical layout for continued professional use.

Key Highlights

• Three‑story office building built in 1963
• Nine total offices in a multi‑tenant office configuration
• Loft penthouse with ocean views

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Restaurant Spa & Massage Center Hair Salon Auto Repair Shop HVAC 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

9

Office units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

487

Businesses Nearby

Explore this area Business Placement

Demographics for 90274, CA

25,307

Population

9,989

Households

2.5

Avg Household Size

52

Median Age

76%

College-Educated

98%

High-School Grad

12.0 sq mi

ZIP Area

2,109

Density / Sq Mi

$222,273

Median Household Income

$107,768

Median Earnings

$3,501

Median Rent

$2,000,001

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Office building - Nine offices, elevator service, and a loft penthouse with ocean views support varied commercial use.

Where is this office building located?

The property is located at 425 Via Corta Palos Verdes Estates, CA.

What is the asking price?

The asking price for this property is $12,000,000.

What are key features of this property?

This property features: Three‑story office building built in 1963; Nine total offices in a multi‑tenant office configuration; Loft penthouse with ocean views