29050 Western Ave Rancho Palos Verdes, CA 90275-0883
Property profile & analytics
29050 Western Ave Rancho Palos Verdes, CA 90275-0883
- Community centers
- 43,798 SF
- 2.88 lot acres
Property ID
US09-7141790
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Community centers
Property Details for 29050 Western Ave
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 2.88 lot acres
- Property size
- 43,798 SF
- Zone code
- LAC2
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 7445-004-242
- APU
- 7445004242
Description
Harbor Cove Shopping Center presents a compelling investment opportunity in the exclusive Rancho Palos Verdes corridor. This two-building retail center, totaling 43,429 square feet, boasts a prime location at the corner of Western Avenue and Capitol Drive, enjoying exceptional visibility and high traffic counts exceeding 300,000 vehicles daily. The center features a diverse tenant mix including restaurants, retail shops, a gym, and medical offices, anchored by AutoZone. Currently, 16,756 square feet of space is available, with a minimum divisible unit of 529 square feet, offering flexibility for various businesses. The property includes 152 parking spaces for customer convenience. The center benefits from prominent monument signage on Western Avenue, ensuring strong brand visibility. All leases are triple net (NNN) with negotiable terms. The surrounding area features a strong concentration of desirable businesses, including Ralphs, Trader Joe's, In-N-Out Burger, Bank of America, and AAA, further enhancing the property's appeal and drawing significant foot traffic. The property is zoned LAC2 and located in Los Angeles County. This is an exceptional opportunity to acquire a well-positioned retail center in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $14,980,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $17,305,000
- 6.5%
- $15,975,000
- 7%
- $14,830,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $26,655,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rancho Palos Verdes
- County
- Los Angeles
- State
- California
- Longitude
- -118.309
- Latitude
- 33.7548
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$221,039
$11,444,400
$6,242,400
$17,686,800
-
$0.00
$0.00
$0.00
