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    Property profile & analytics
    OFF-MARKET Estimated value $4,205,000
    Office buildings

    901 Pacific Coast Hwy, Redondo Beach, CA 90277-2162

    24,256 SF 1.15 ac lot Built 1986
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-6936533
    Property summary
    AI-generated overview

    Montero Plaza, located at 901 N Pacific Coast Hwy in Redondo Beach, CA 90277, offers exceptional office space in a prime beach city location. This Class B property boasts 24,256 square feet across four buildings, featuring a mix of medical, traditional, and executive office suites. Currently, 4,200 square feet of contiguous space is available, with a minimum divisible space of 2,000 square feet. The property includes 110 parking spaces, providing ample parking for tenants and visitors. Built in 1987 and renovated in 1991, the two-story building features 9-foot ceilings and one elevator. The property sits on 1.152 acres of land (APN 7503014016) and enjoys a highly visible corner location at the main entrance to Redondo Beach, with excellent walkability to local amenities. The zoning is RBC-3. This exceptional opportunity offers high exposure and is situated near the Redondo Beach Pier, harbor, and numerous restaurants and shops. The property's convenient location and ample parking make it an ideal choice for businesses seeking a thriving and accessible location in the South Bay Beach City Communities submarket. The available space is perfect for a variety of businesses seeking a prominent presence in this desirable area.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Total area 24,256 SF
    Lot 1.15 ac (50,179 SF)
    Zoning code RBC-3
    APN 7503-014-016
    UPID US09-6936533
    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
    • Pacific Smiles Dental Implant Center Dental Office
    • Phuket Thai Restaurant Restaurant
    • Pacific Smiles Dental Office
    • Susan L. Sinclair, Licenced Physician
    • Melis Alkin, PsyD, FT, ABPP Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.21M
    Owner & transaction history
    Ehrlich Herondo LP · 2 yrs held
    Ehrlich Herondo LP
    since 2024
    3 recorded transactions
    2024
    2024
    1999
    $1.7M
    Zoning & alternative use
    RBC-3 · Redondo Beach, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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