Sold
Closed
229 Avenue I
Redondo Beach CA, 90277
$7,000,000
$667.94 per sqft
Sold
Closed
10,480 sqft
Commercial
Built in 1987
Listed by Jim Menton with The Realestate Group 310-429-3235
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.
SB21003869
MLSⓇ ID
January 7, 2021
Listed
November 22, 2024
Updated
Map
229 Avenue I
Redondo Beach CA, 90277
Interior Features
Total Stories
3
Laundry Description
None
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Zoned
Heating
Yes
Heating Description
Electric, Forced Air
Exterior/Building Features
Lot Size
0.4 Acres
Lot Features
Sprinklers In Front, Level, Near Public Transit, Sprinkler System
Roof
Composition
Other Property Details
Area Name
128 - Hollywood Riviera
Days on Market
733
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Listing Contact: 310-540-0072
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Data last updated on 11/22/2024 at 3:06 PM UTC