2205 Artesia BlvdRedondo Beach, CA 90278

Property Details for 2205 Artesia Blvd

Year built

1955

Construction

WOOD

Lot size

0.30 AC

Property size (Sq ft)

4,480 SF

Zone code

RBC-2-PD

Property type

Retail properties

Property subtype

Retail space

APN

4155-032-019

APU

4155032019

Description

This exceptional, single-story commercial property in Redondo Beach offers a unique opportunity for multiple tenants. Built and renovated in 2024, this 4,480 square foot building boasts two suites, providing flexibility for various business needs. Currently, 950 square feet of prime retail or office space is immediately available, perfect for a start-up or expansion. The building features ample parking with 24 spaces available for tenants and their clients. The modern design and recent completion ensure a move-in ready experience with up-to-date amenities. The property's location in Redondo Beach offers excellent visibility and accessibility, making it an ideal location for businesses seeking a thriving commercial environment. This is a rare chance to secure space in a brand-new, well-designed building with convenient parking in a desirable coastal city. Don't miss this opportunity to establish your business in a prime Redondo Beach location. Contact us today to schedule a viewing and discuss your business needs. The available space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,956,698

  6.5%

  $1,806,182

  7%

  $1,677,169

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,723,729

  Geo Method

  $2,723,729

• Alternative Use

  Use

  Valuation

  Residential

  $1,523,582

  Hospitality

  $1,395,593

  Educational

  $1,161,117

  Medical

  $1,201,050

  Retail

  $1,806,182

Location Insight

City

Redondo Beach

County

Los Angeles

State

California

Latitude

33.8732

Longitude

-118.372

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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