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.

Features
: Forced air, electric
3
Additional Information
The Realestate Group
0
SMENTJIM
S5747
Jim
7511007045
: Standard

Commercial Sale For Sale

229 Avenue I, Redondo Beach, California 90277

10,480 Sqft
$8,500,000
Listing ID #SB21003869
Basic Details
Status : Active
DaysOnMarket : 259
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : SB21003869
Price : $8,500,000
Living Area : 10,480 Sqft
Year Built : 1987
Country : US
State : California
County : Los Angeles
City : Redondo Beach
Zipcode : 90277
Price Per Square Foot : $811
ModificationTimestamp : 2021-09-23 09:20:08
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent