• Redondo Beach, CA 90277

  • 24,256 SqFt
  • Other / Owner Financing

Property Details for null St, Redondo Beach, CA 90277

Features

Facts

Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

The current list price is $12,000,000 while the parking structure renovation is underway during the Spring of 2024 with an anticipated completion date in the summer. Once the project is complete, all the units are leased and new lease terms have been secured with current tenants then the price will be increased to $13,500,000 or more. (This is a value add opportunity, ideal for an owner user or investor). The seller may consider an adjusted price point for an as is offer while improvements are being completed. Owner financing maybe considered for a qualified buyer with terms to be determined for a possible long term commitment.nnA High traffic signalized corner located at the gateway to the beach communities of Redondo and Hermosa Beach. Easy to show lock box on second floor - call listing agent for an accompanied tour or go at your leisure from 9 to 4:30 (elevator and stair well are locked after hours).

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Property Brokerage: RE/MAX Estate Properties 63 Malaga Cove Plaza Palos Verdes Estate CA 90274
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.