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Property profile & analytics
OFF-MARKET Estimated value $2,405,000
Retail space

1201 Pacific Coast Hwy Redondo Beach, CA 90277-4905

6,576 SF 0.28 ac lot Built 1956
Individually Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US09-6482453
Property summary
AI-generated overview

This exceptional 1,100 square foot retail space is ideally situated at 1201 S Pacific Coast Hwy in Redondo Beach, California, within Los Angeles County (zip code 90277). The property is categorized as a single-tenant retail space, perfect for a personal improvement business. Its prime location offers excellent visibility and accessibility, making it an attractive opportunity for businesses seeking high foot traffic. The suite, identified as Suite 1205, presents a blank canvas for a variety of personal improvement-related ventures. The space is ready for immediate occupancy, allowing businesses to quickly establish their presence in this vibrant coastal community. The property's location on Pacific Coast Highway ensures high visibility and easy access for customers. This is a rare opportunity to secure a well-positioned retail space in a desirable area of Redondo Beach, known for its thriving business community and strong local demographics. The single-tenant occupancy provides flexibility and control over the space's layout and design. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is located at 33.8243821 latitude and -118.3857625 longitude.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1956
Construction WOOD
Total area 6,576 SF
Lot 0.28 ac (12,043 SF)
Zoning code RBC-2-PD
APN 7511-003-001
UPID US09-6482453
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • La Terraza Redondo Beach Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.24M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.41M
Owner & transaction history
Chris Beason · 23 yrs held
Chris Beason
since 2003
4 recorded transactions
2003
Price N/A
2003
$710,000
2002
$1.2M
1995
Price N/A
Zoning & alternative use
RBC-2-PD · Redondo Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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