Redondo Beach, CA 90277 717 S Pacific Coast
$7,500,000
7 more
Presented By: Gerard Bisignano with Vista Sotheby’s International Realty; 310-990-4727
Home Details
11 units. Trophy property in an amazing South Redondo Beach location 4 short blocks from the sand and close proximity to high end residential and commercial areas. First time available in 20 years. 2 office/retail spaces on PCH with great frontage and signage. All 9 residential units of PCH behind office commercial spaces. Office space currently used as an insurance office and pilates studio and approximately 600-800 sq ft each. Residential units are large and recently upgraded including new a/c and heaters in the residential and commercial units. 5 enclosed garages with newer garage doors and an additional 14 on-site parking spaces and a laundry room. Turnkey and rents recently increased.
Presented By: Gerard Bisignano with Vista Sotheby’s International Realty; 310-990-4727
Interior Features for 717 S Pacific Coast
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 717 S Pacific Coast
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.0
Carport Y/NNo
CityRedondo Beach
Community FeaturesBiking, Curbs, DogPark, Sidewalks
CountyLos Angeles
Current FinancingNone
Days on Market63
DirectionsPCH, west side just north of Knob Hill
Electric Expense2381.0
Entry LocationPCH
Fuel Expense0.0
Garage Spaces5.0
Garage Y/NYes
Gross Income0.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense6871.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet14843.0
Lot Size UnitsSquareFeet
MLS Area157 - S Redondo Bch W of PCH
MobileHomeRemainsYNNo
Net Operating Income232436.0
New ConstructionNo
Number of Units Leased11
NumberOfUnitsTotal11
Operating Expense19564.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot122
TermsItem1031Exchange
Trash Expense5424.0
View Y/NNo
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense4088.0
Waterfront Y/NNo
Year Built1962
Year Built SourceAssessor
ZoningRBC-2
Exterior for 717 S Pacific Coast
Building Area Total7900.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.3407
Lot Size Area14843.0
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters11
Number of Separate Gas Meters11
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking5.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480