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Key Details
Sold Price $2,210,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB19160202
Sold Date 11/19/19
HOA Y/N No
Year Built 2015
Lot Size 10,890 Sqft
Acres 0.25
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 ready for buyer to complete to buyer’s vision. 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.
Location
State CA
County Los Angeles
Area 154 - N Redondo Bch/Golden Hills
Zoning C-2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Carport Spaces 7
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Roof Type Flat
Total Parking Spaces 23
Building
Lot Description Near Public Transit
Story 2
Water Public
Others
Tax ID 4162005012
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with General NONMEMBER • CRMLS
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