2205 Artesia Blvd Redondo Beach, CA 90278
- Retail space
- 4,480 SF
- 0.30 lot acres
Current Use by Public Records
- Manhattan Beach Smoke Shop / Tobacco Shop / Vaporizer Store
Property Details for 2205 Artesia Blvd
- Year built
- 1955
- Construction
- WOOD
- Lot size
- 0.30 lot acres
- Property size
- 4,480 SF
- Zone code
- RBC-2-PD
- Property type
- Retail space
- APN
- 4155-032-019
- APU
- 4155032019
Description
This exceptional, single-story commercial property in Redondo Beach offers a unique opportunity for multiple tenants. Built and renovated in 2024, this 4,480 square foot building boasts two suites, providing flexibility for various business needs. Currently, 950 square feet of prime retail or office space is immediately available, perfect for a start-up or expansion. The building features ample parking with 24 spaces available for tenants and their clients. The modern design and recent completion ensure a move-in ready experience with up-to-date amenities. The property's location in Redondo Beach offers excellent visibility and accessibility, making it an ideal location for businesses seeking a thriving commercial environment. This is a rare chance to secure space in a brand-new, well-designed building with convenient parking in a desirable coastal city. Don't miss this opportunity to establish your business in a prime Redondo Beach location. Contact us today to schedule a viewing and discuss your business needs. The available space is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,615,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,630,000
- 6.5%
- $1,640,000
- 7%
- $1,745,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,695,000
- Geo Method
- $1,960,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,640,000
- Retail
- $2,130,000
- Mixed-Use
- $1,640,000
- Hospitality
- $2,195,000
- Educational
- $1,820,000
- Residential Income
- $2,225,000
- Energy
- $1,745,000
- Income-Based Land
- $1,845,000
- Food Service
- $1,805,000
Location Insight
- Map
- Local Demand
- City
- Redondo Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.372
- Latitude
- 33.8732
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA