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29105 S Western Ave Rancho Palos Verdes, CA 90275

Retail space Google Maps
10,098 SF 0.65 ac lot Built 1957
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$8.40M
Range $7.56M – $9.24M (±10%)
Property ID US09-9728672

Property summary

AI-generated overview

This exceptional Class A retail shopping center, located at 29105-29227 S. Western Ave in Los Angeles County, boasts 31,170 square feet of space, with 19,233 square feet currently available for lease. The single-story building is undergoing a multi-million dollar renovation in 2023, promising exceptional curb appeal and a revitalized shopping experience. The property features eight available spaces ranging from 712 to 4,000 square feet, ideal for a variety of tenants including restaurants, retail businesses, medical offices, and fitness centers. National tenants are already in negotiations, underscoring the property's desirability. This location offers incredible visibility along Western Avenue, a busy thoroughfare, and includes irreplaceable pylon signage for maximum brand exposure. Restaurant spaces benefit from extensive patio areas, enhancing their appeal and functionality. The center is situated within a thriving retail trade area, providing a strong customer base and significant growth potential. This is a fantastic opportunity to be part of the area's premier retail destination, a truly remarkable jewel property. The renovation will deliver a finished product with superior curb appeal, attracting both customers and tenants.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Construction WOOD
Total area 10,098 SF
Lot 0.65 ac (28,468 SF)
Zoning code RPRS-4*
APN 7557-030-013
UPID US09-9728672

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.40M

Owner & transaction history

since 2026
Last sale
$275,000
4 recorded transactions
2026
$275,000
2024
$8.4M
2022
Price N/A
2006
Price N/A

Zoning & alternative use

RPRS-4* · Rancho Palos Verdes, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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