1201 Pacific Coast HwyRedondo Beach, CA 90277

  • Retail properties
  • 6,576 SF
For Lease
$36/SF/YR View listing

Property Details for 1201 Pacific Coast Hwy

Year built
1956
Construction
WOOD
Lot size
0.28 AC
Property size (Sq ft)
6,576 SF
Zone code
RBC-2-PD
Property type
Retail properties
Property subtype
Retail space
APN
7511-003-001
APU
7511003001

Description

This exceptional 1,100 square foot retail space is ideally situated at 1201 S Pacific Coast Hwy in Redondo Beach, California, within Los Angeles County (zip code 90277). The property is categorized as a single-tenant retail space, perfect for a personal improvement business. Its prime location offers excellent visibility and accessibility, making it an attractive opportunity for businesses seeking high foot traffic. The suite, identified as Suite 1205, presents a blank canvas for a variety of personal improvement-related ventures. The space is ready for immediate occupancy, allowing businesses to quickly establish their presence in this vibrant coastal community. The property's location on Pacific Coast Highway ensures high visibility and easy access for customers. This is a rare opportunity to secure a well-positioned retail space in a desirable area of Redondo Beach, known for its thriving business community and strong local demographics. The single-tenant occupancy provides flexibility and control over the space's layout and design. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is located at 33.8243821 latitude and -118.3857625 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,912,220
    6.5%
    $2,688,203
    7%
    $2,496,188
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,998,045
    Geo Method
    $3,998,045
  • Alternative Use

    Use
    Valuation
    Residential
    $2,267,600
    Hospitality
    $2,077,109
    Educational
    $1,728,130
    Medical
    $1,787,564
    Retail
    $2,688,203
1201 Pacific Coast Hwy, Redondo Beach, California

Location Insight

City
Redondo Beach
County
Los Angeles
State
California
Latitude
33.8243
Longitude
-118.386
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$39,439
$2,885,404
$459,984
$3,345,388
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-
-
-

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