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Property profile & analytics
FOR LEASE
Manufacturing properties

2400 Marine Ave Redondo Beach, CA 90278

49,040 SF 2.39 ac lot Built 1964
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US09-9901978
2400 Marine Ave, Redondo Beach, CA 90278 For Lease
$22,550,000
2400 Marine Ave, Redondo Beach, CA 90278
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Property summary
AI-generated overview

This exceptional industrial property, located at 2400 Marine Ave, Redondo Beach, CA 90278, offers a substantial 35,296 square feet of warehouse and distribution space. Built in 1988, the single-tenant building is zoned M2 and features a desirable array of amenities ideal for various industrial operations. The high ceilings, measuring 24 feet, provide ample vertical storage capacity. Four dock-high doors ensure efficient loading and unloading, streamlining operations. The property boasts 55 total parking spaces, providing convenient parking for employees and visitors. Power specifications include 2,200 Amps, 120/208 Volts, 3-phase, and 4 wires, catering to a range of power-intensive businesses. The property's Los Angeles County location (APN 7318011109) offers excellent access to major transportation arteries, facilitating seamless logistics and distribution. This well-maintained warehouse presents a significant opportunity for businesses seeking a strategically located and functional industrial space in the thriving Redondo Beach market. The property's single-tenant occupancy provides stability and ease of management. This is a rare opportunity to acquire a substantial industrial property in a highly sought-after location.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1964
Construction WOOD
Total area 49,040 SF
Lot 2.39 ac (104,303 SF)
Zoning code RBI-1
APN 4149-007-036
UPID US09-9901978
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
  • Antares Nuclear Nuclear Engineering Service
  • 2400 MARINE - LINQ Corporate Office
  • UCA2 amazon Warehouse & Storage
  • UBER - REDONDO BEACH - MAIN ROOM Courier Service Postal Service
  • Attabotics Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$21.28M
Blend (final) Blend
$22.55M
Owner & transaction history
2400 Marine LLC · 4 yrs held
2400 Marine LLC
since 2022
Last sale
$24.0M
7 recorded transactions
2022
$30.0M
2021
$24.0M
2017
$17.9M
2015
$28.7M
2007
Price N/A
2006
Price N/A
2006
Price N/A
Zoning & alternative use
RBI-1 · Redondo Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $33.6M +152.3%
Restaurant $31.9M +139.6%
Neighborhood: shopping center $29.8M +123.9%
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