Real estate listing preview #1
listing
1 of 1
CommercialFor Sale
$7,900,000
229 Avenue I
Redondo Beach, CA
Listed by Jim Menton DRE#00582209 [email protected] The Realestate Group
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$40,878/mo

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.

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Information courtesy of The Realestate Group is subject to verification and is not guaranteed.
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