Property summary
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.
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