Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    28619-28649 Western Ave Rancho Palos Verdes, CA 90275

    Sponsored
    For Lease
    $21 SF/Yr

    Prime Palos Verdes Peninsula office space.

    Lot size:
    48,216 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Invest in this exceptional opportunity at Palos Verdes Plaza, a two-story, Class B office complex situated on a high-traffic section of Western Avenue in Rancho Palos Verdes, CA (90275). This mixed-use property boasts 48,216 square feet across two buildings, offering multiple suites ranging from 1,242 to 1,583 contiguous square feet. Currently, 4,067 square feet are available for lease. The property features 112 parking spaces and a single elevator, serving three total suites. Built in 1982, the property sits on 2.35 acres of land (APN: 7550-009-024) and benefits from high visibility due to its location. The strategic placement on Western Avenue, along with neighboring businesses such as Carl's Jr. and the US Post Office, ensures excellent foot and vehicular traffic. The Palos Verdes Plaza is conveniently located approximately three miles from the World Cruise Center, serving a highly affluent area with an average household income exceeding $120,000 within a one-mile radius. This presents a unique chance to acquire office space in a desirable and thriving location on the Palos Verdes Peninsula. The property is categorized as both medical and traditional office space, making it suitable for a variety of businesses.

    Property Features for 28619-28649 Western Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,216 SF
    Class
    B
    Total Rate
    84378

    Building Details

    Year Built
    1982
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    28623
    Size
    1,242 SF
    Rate per SF
    $25
    Space
    203
    Size
    1,583 SF
    Rate per SF
    $21

    HighLights

    • Exceptional investment opportunity in a two‑story, Class B office complex in Rancho Palos Verdes, CA.
    • 48,216 square feet across two buildings with suites ranging from 1,242 to 1,583 square feet; 4,067 square feet currently available.
    • 112 parking spaces and high visibility on Western Avenue, near Carl's Jr. and the US Post Office.
    • Located approximately three miles from the World Cruise Center, in a high‑income area ($120,000+ average household income within one mile).
    • Suitable for general office, medical office, and retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rancho Palos Verdes
    County
    Los Angeles
    State
    California
    Longitude
    -118.3129842
    Latitude
    33.758891

    Nearby Comparable

    • $3 SF/Yr
      1,342 SF

      Rancho Palos Verdes Retail Space

      Turn-key retail space in high-traffic Rancho Palos Verdes.
      28500 Western Ave, Rancho Palos Verdes, CA 90275
      View Details
    • $25 SF/Yr
      22,811 SF

      Rancho Palos Verdes Office Space

      Prime Office Suites, Multiple Sizes Available
      29000 Western Ave, Rancho Palos Verdes, CA 90275
      View Details
    • Contact for pricing

      Harbor Cove Shopping Plaza Retail

      Prime retail center in Rancho Palos Verdes corridor.
      29050 S Western Ave, Rancho Palos Verdes, CA 90275
      View Details
    • Contact for pricing
      165,689 SF

      Prime San Pedro Retail Space

      Los Angeles Retail Shops - For Lease
      28100-28154 Western Ave, Los Angeles, CA 90732
      View Details
    • Contact for pricing
      31,170 SF

      Rancho Palos Verdes Retail Center

      Prime Retail Space, Multi-Million Dollar Renovation
      29105 Western Ave, Rancho Palos Verdes, CA 90275
      View Details
    • $2,580 /Mo

      Remodeled Retail Space in Plaza

      Remodeled retail space with high visibility and ample parking.
      29619 S Western Ave, Rancho Palos Verdes, CA 90275
      View Details
    • $16,000 /Mo

      Rancho Palos Verdes Retail/Office

      Retail and office spaces available for lease in Rancho Palos Verdes.
      20 Miraleste Plz, Rancho Palos Verdes, CA 90275
      View Details
    • $27 SF/Yr
      7,071 SF

      Harbor View Plaza: San Pedro Office Space

      Prime San Pedro location, 1,000 sq ft available.
      1000 1St St, Los Angeles, CA 90731
      View Details
    • $33 SF/Yr
      39,395 SF

      Prime Medical Office Space, Los Angeles

      Spacious suites, ideal for medical practices.
      1360 6Th St, Los Angeles, CA 90732
      View Details
    • $3 SF/Yr
      1,500 SF

      Corner Retail Suite Available

      Retail suite available for rent on a corner location.
      26650 Western Ave, Harbor City, CA 90047
      View Details
    • $2.00 SF/Yr
      7,266 SF

      Retail Space with Loading Dock

      Retail space available for rent with rear loading dock.
      26640 Western Ave, Harbor City, CA 90047
      View Details
    • $2,727 /Mo

      Updated Commercial Space in San Pedro

      Updated commercial space with high visibility and easy freeway access.
      245 N Gaffey St, San Pedro, CA 90731
      View Details

    Nearby Similar for Lease

    • $3 SF/Yr
      1,342 SF

      Rancho Palos Verdes Retail Space

      Turn-key retail space in high-traffic Rancho Palos Verdes.
      28500 Western Ave, Rancho Palos Verdes, CA 90275
      View Details
    • $2,580 /Mo

      Remodeled Retail Space in Plaza

      Remodeled retail space with high visibility and ample parking.
      29619 S Western Ave, Rancho Palos Verdes, CA 90275
      View Details
    • $25 SF/Yr
      22,811 SF

      Rancho Palos Verdes Office Space

      Prime Office Suites, Multiple Sizes Available
      29000 Western Ave, Rancho Palos Verdes, CA 90275
      View Details
    • Contact for pricing

      Harbor Cove Shopping Plaza Retail

      Prime retail center in Rancho Palos Verdes corridor.
      29050 S Western Ave, Rancho Palos Verdes, CA 90275
      View Details
    • Contact for pricing
      31,170 SF

      Rancho Palos Verdes Retail Center

      Prime Retail Space, Multi-Million Dollar Renovation
      29105 Western Ave, Rancho Palos Verdes, CA 90275
      View Details
    • $11,340 /Mo

      Palos Verdes Office Space Available

      Well-located office space with great visibility and flexible layout.
      430 Silver Spur Rd, Rancho Palos Verdes, CA 90275
      View Details
    • $3,800 /Mo

      Resort-Style Condo with Ocean Views

      Spacious 2 bed, 2 bath condo with resort amenities.
      3200 La Rotonda Dr, Rancho Palos Verdes, CA 90275
      View Details
    • $4,511 /Mo

      Palos Verdes Office Space Available

      Well-located office space with visibility and ample parking.
      430 Silver Spur Rd, Rancho Palos Verdes, CA 90275
      View Details
    • $16,000 /Mo

      Rancho Palos Verdes Retail/Office

      Retail and office spaces available for lease in Rancho Palos Verdes.
      20 Miraleste Plz, Rancho Palos Verdes, CA 90275
      View Details

    FAQs

    What type of property is this?
    Medical office - Prime Palos Verdes Peninsula office space.
    Where is this medical office located?
    The property is located at 28619-28649 Western Ave Rancho Palos Verdes, CA.
    What is the lease rate?
    The lease rate is $21-$25 SF/Yr.
    What are key features of this property?
    This property features: Exceptional investment opportunity in a two-story, Class B office complex in Rancho Palos Verdes, CA.; 48,216 square feet across two buildings with suites ranging from 1,242 to 1,583 square feet; 4,067 square feet currently available.; 112 parking spaces and high visibility on Western Avenue, near Carl's Jr. and the US Post Office.
    Request Owner's contact information
    28619-28649 Western Ave Rancho Palos Verdes, CA 90275
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    28619-28649 Western Ave
    Rancho Palos Verdes, CA 90275
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28619-28649 Western Ave Rancho Palos Verdes, CA 90275
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.