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901-909 S Pacific Coast Hwy 3,960 sq ft 100% Let Retail Property Redondo Beach, CA 90277 £2,428,757 (£613.32/sq ft) 5.76% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Visibility, Signage, Proximity to Beach and other Points of Interest
EXECUTIVE SUMMARY
Prime commercial corner lot on Pacific Coast Highway in Redondo Beach. Featuring 73 feet of frontage with excellent visibility and approximately 30,000 cars passing daily. Great signage for each of the 5 units including an 8'x5 billboard atop unit 901. 10 car on-site parking and street parking along PCH. Strong surrounding demographics with high median incomes. Located just half a mile from the beach, eight miles from LAX, and within a thriving international tourist destination. Ideal for retail, restaurant, or service use.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
£140,121
|
£35.38
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£140,121
|
£35.38
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | £140,121 |
| Annual Per sq ft | £35.38 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £140,121 |
| Annual Per sq ft | £35.38 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Shopfront
Property Size
3,960 sq ft
Costar Property Class
C
Year Built
1955
Price
£2,428,757
Price per sq ft
£613.32
Yield
5.76%
NOI
£139,896
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Floor To Floor Height
10 ft
Plot ratio
0.66
Total Plot Size
0.14 ac
Use Class
RBC-2-PD - General Commercial
Parking
10 Spaces (2.53 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Corner Lot
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Push 1 Full Service Photo Lab
- Service type
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Push 1 Full Service Photo Lab | Service type | - | - | - |
Walk Score®
Easily Walkable (89)
Bike Score®
Good for cycling (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7509-003-001 | Improvements Assessment | £62,453 |
| Land Assessment | £111,370 | Total Assessment | £173,824 |
PROPERTY TAXES
Parcel Number
7509-003-001
Land Assessment
£111,370
Improvements Assessment
£62,453
Total Assessment
£173,824
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901-909 S Pacific Coast Hwy
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