Waterfront
Address
229 Avenue I Redondo Beach, CA
Price
$ 9,250,000
Property Attributes
- MLS#SB21003869
- TypeCommercial
- CountyLOS ANGELES
- CityRedondo Beach
- AreaHollywood Riviera
- Zip90277
- StyleMixed Use
- Price$ 9,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10480
Listing Provided Courtesy Of:
Jim Menton with The Realestate Group.
Property Description
Located in the gateway to Riviera Village, Redondo Beach's most prestigious retail/office area, this 3 story jewel is a generational treasure. It stands just 2 short blocks to Redondo's Esplanade oceanfront. The building includes plentiful ground level and restricted underground parking. Solid long term leases ensure stable income. The entire internal and external space have recently been fashionably updated/remodeled (1st floor still in progress for new tenant), including the elevator. Some spaces feature ocean views and decks. Rooftop cellular sites contribute substantially to income with no owner maintenance at all. This property has never been on the open market since construction and represents a unique opportunity to secure an iconic position in one of the Beach Cities top commercial zone.
| Price History | |
|---|---|
| 1/7/2021 | Listed $9,250,000 |
General Features
| Building Features | Elevators |
|---|---|
| Construction Materials | Concrete, Glass, Steel, Stucco |
| Current Financing | Conventional |
| Directions | West of PCH on Avenue I |
| Heating | Forced Air, Electric |
| Listagentaor | South Bay |
| Listing Agent | Jim Menton - BRE#00582209 |
| Listing Agent State License | 00582209 |
| MLS Area | 128 - Hollywood Riviera |
| Price Per Square Foot | 882.63 |
| Property SubType | Mixed Use |
| Property Type | Commercial Sale |
| Roof | Composition |
| Security Features | Automatic Gate, Fire Sprinkler System |
| Source System | CRMLS |
| Special Listing Conditions | Standard |
| Total Units | 5 |
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Condo Area Unit Type | Square Feet |
| Heating Y/N | Yes |
| Laundry Features | None |
| Total Stories | 3 |
Exterior Features
| Building Area Total | 10480.00 |
|---|---|
| Land Use | Office, Retail |
| Lot Size Source | Assessor |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90277
Price
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of January 21, 2021 4:25 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Based on information from CRISNet MLS as of January 21, 2021 1:45 PM UTC
All data, including all measurements and calculations of area, is obtained from various
sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy.
Properties may or may not be listed by the office/agent presenting the information.
