1 /
1
Map
$7,831,670*
●
Commercial -
Off Market
229 Avenue I
Redondo Beach, CA 90277
Studio
0 Bath
10480 Sqft
$6,840,000 - $8,360,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Located in the gateway to Riviera Village, Redondo Beach's most
prestigious retail/office area, this 3 story jewel is a
generational treasure. It stands just 2 short blocks to Redondo's
Esplanade oceanfront. The building includes plentiful ground level
and restricted underground parking. Solid long term leases ensure
stable income. The entire internal and external space have
recently been fashionably updated/remodeled (1st floor still in
progress for new tenant), including the elevator. Some spaces
feature ocean views and decks. Rooftop cellular sites contribute
substantially to income with no owner maintenance at all. This
property has never been on the open market since construction and
represents a unique opportunity to secure an iconic position in one
of the Beach Cities top commercial zone.
The manager has listed the unit size as 10480 square feet.
The manager has listed the unit size as 10480 square feet.
Unit Size
10,480Ft²
Days on Market
-
Land Size
-
Price per sqft
$725
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1987
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 3, 2023 | No longer available | - | |
No longer available | |||
Mar 1, 2023 | Sold | $7,000,000 | |
Sold | |||
Jan 11, 2023 | In contract | - | |
In contract | |||
Sep 8, 2022 | Price Decreased |
$7,600,000
↓ $150K
(1.9%)
|
|
Price Decreased | |||
Jun 8, 2022 | Price Decreased |
$7,750,000
↓ $150K
(1.9%)
|
|
Price Decreased |
Show More
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/07/2021
|
|
Loft
|
-
|
10480 ft²
|
$9,250,000
Loft
-
10480 ft²
|
-
-
|
-
|
Jim Menton
The Realestate Group
|