1436 Aviation Boulevard, Redondo Beach, CA 90278

$2,995,000
5,720
SqFt
List Price
$2,995,000
Status
ACTIVE
MLS#
SB18257329
Year Built
2015
Living Sq. Ft
5,720
Days on Market
153
Property Type
Commercial
Property Sub Type
Office
Days on Market
112

Property Description

This newer built Class A Office Building lies on a very well traveled secondary corridor on Aviation Blvd between Pacific Coast Hwy and Artesia Blvd. It has never been occupied since construction and is in stud framed condition on the interior requiring completion. Financial numbers are assumed at Modified Gross with Tenants paying all utilities, once completed, and assuming $3.50 per foot. The assumptions include around $800,000 to complete the interior, but interested buyers will need to gauge that for themselves depending on Tenant Improvements desired. At this price you could not replicate what is here, particularly with all of the time and energy involved to create a building that need only be finished up. The time savings alone in planning and production with the City are enormous. The contemporary facade provides an beautiful statement for any number of uses. There is a three stop elevator servicing the parking lot and the two interior floors. There are 23 parking spaces, which is incredibly rare for the area. The floor plan also lends itself to users looking for a prestigious environment, as well as investors looking for a solid long term hold, or even a quick flip given the price point. This asset has been priced to attract a lot of attention.

Additional Information

Taxes
$50,000
Lot Description
Fire Sprinklers
Heat
See Remarks
Cooling
Yes
Cooling Description
See Remarks
Roof
Flat, Rolled/Hot Mop
Water
Public
Total Number of Units
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Robert Freedman from RE/MAX Estate Properties

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.