2700 Artesia Boulevard

  • For Sale $1,250,000
  • Redondo Beach, CA 90278
  • Retail | ±3,003 SF
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Description

Well-Located Investment Opportunity

2700 Artesia Boulevard is located in the North Redondo Beach neighborhood of Redondo Beach, located just east of the Pacific Ocean and Hermosa Beach and west of Torrance. Altogether, the property has ±3,003 square feet of building sitting on ±6,504 square feet of land.

With 163 feet of frontage along Artesia Boulevard, the property is just one block up from the soon-to-be-renovated South Bay Galleria. Projected to be completed in 2023, The South Bay Galleria Project is scheduled to break ground in 2020. It will see a complete overhaul of the enclosed shopping mall, in addition to 150 hotel rooms, 300 apartments, and an additional 217,000 square feet of retail space built upon existing parking lots within the property.

2700 Artesia Boulevard sits on the corner of Artesia Boulevard and Perkins Lane. Currently, the property is used as an auto repair shop with the tenant’s lease not set to expire until 2024. On the whole, this property is a prime investment opportunity in a desirable Redondo Beach location.

Details

  • Offer For Sale
  • Property Type Retail
  • Building Size 3,003 SF
  • Land Size 6,504 SF
  • Zoning Redondo Beach C2
  • Year Built 1961
  • APN 4082-001-039
  • Lease Expiration 2024
  • Current Use Auto Repair Shop

Highlights

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Address

2700 Artesia Boulevard
Redondo Beach, CA 90278
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