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402-408 N Pacific Coast Hwy
Redondo Beach, CA 90277

Income-Generating, Multi-Property Asset · Residential Property For Sale · 4 Units

Investment Highlights

  • 402-408 N Pacific Coast Highway, comprising three properties and one commercial lot, is currently generating income until 2025.
  • Discover an automotive shop leasing until 2025 (with no options), an SFR with a yard (MTM tenant), and a vacant triplex on the 0.55-acre property.
  • 402-408 N Pacific Coast Highway boasts a daily traffic count of over 65,000 cars and offers access to surrounding retail and residential amenities.
  • Redondo Beach is about 22 miles southwest of Downtown LA and 7 miles south of LAX, near Torrance, Manhattan Beach, and Long Beach.
  • Redevelopment options are available after 2025, and the current RBC-2B zoning allows mixed-use or much-needed housing.

PROPERTY FACTS

Sale Conditions Auction Sale
No. Units 4
Property Type Residential
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.55 AC
Building Size 2,946 SF
Number of Floors 1
Year Built 1903

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7503-018-008
  • 7503-018-004
Land Assessment
£100,315
Improvements Assessment
£19,972
Total Assessment
£120,287

zoning

Zoning Code RBC-2B (Commercial)
RBC-2B (Commercial)
  • Listing ID: 30616289

  • Date on Market: 09/01/2024

  • Last Updated:

  • Address: 402-408 N Pacific Coast Hwy, Redondo Beach, CA 90277

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