For Lease
$21-$25.20 /SF/YR

28619-28649 Western Ave Rancho Palos Verdes, CA 90275

Prime Palos Verdes Peninsula office space.

Overview

Added:
Dec 11, 2024
Days on market:
135
Invest in this exceptional opportunity at Palos Verdes Plaza, a two-story, Class B office complex situated on a high-traffic section of Western Avenue in Rancho Palos Verdes, CA (90275). This mixed-use property boasts 48,216 square feet across two buildings, offering multiple suites ranging from 1,242 to 1,583 contiguous square feet. Currently, 4,067 square feet are available for lease. The property features 112 parking spaces and a single elevator, serving three total suites. Built in 1982, the property sits on 2.35 acres of land (APN: 7550-009-024) and benefits from high visibility due to its location. The strategic placement on Western Avenue, along with neighboring businesses such as Carl's Jr. and the US Post Office, ensures excellent foot and vehicular traffic. The Palos Verdes Plaza is conveniently located approximately three miles from the World Cruise Center, serving a highly affluent area with an average household income exceeding $120,000 within a one-mile radius. This presents a unique chance to acquire office space in a desirable and thriving location on the Palos Verdes Peninsula. The property is categorized as both medical and traditional office space, making it suitable for a variety of businesses.

Highlights

  • Exceptional investment opportunity in a two-story, Class B office complex in Rancho Palos Verdes, CA.
  • 48,216 square feet across two buildings with suites ranging from 1,242 to 1,583 square feet; 4,067 square feet currently available.
  • 112 parking spaces and high visibility on Western Avenue, near Carl's Jr. and the US Post Office.
  • Located approximately three miles from the World Cruise Center, in a high-income area ($120,000+ average household income within one mile).
  • Suitable for general office, medical office, and retail uses.

Property Details for 28619-28649 Western Ave

Property type
Office properties, Medical offices
RSF (Rentable sq. ft)
48,216 SF
Class
B
Year Built
1982
Buildings
2
Stories
2

Unit(s) available at that property

Space
28623
Size
1,242 SF
Rate per SF
$25.20
Space
203
Size
1,583 SF
Rate per SF
$21

Location Insight

City
Rancho Palos Verdes
County
Los Angeles
State
California
Latitude
33.758891
Longitude
-118.3129842

FAQs

What type of property is this?
Office property - Prime Palos Verdes Peninsula office space.
Where is the office property located?
The property is located at 28619-28649 Western Ave Rancho Palos Verdes, CA.
What is the lease rate?
The lease rate is $21-$25.20 /SF/YR.
What are key features of this property?
This property features: Exceptional investment opportunity in a two-story, Class B office complex in Rancho Palos Verdes, CA.; 48,216 square feet across two buildings with suites ranging from 1,242 to 1,583 square feet; 4,067 square feet currently available.; 112 parking spaces and high visibility on Western Avenue, near Carl's Jr. and the US Post Office.
How can I contact the broker?
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28619-28649 Western Ave
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