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$3,950
0.68 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Rent
MLS Listing ID SB25271040
HOA Y/N No
Year Built 1967
Lot Size 0.679 Acres
Property Sub-Type Office
Property Description
We are pleased to present a double-wide 1,585 sq. ft. store/office suite with prominent front-facing visibility in the Lunada Bay Patio Building, located in Palos Verdes Estates. This established commercial property is home to approximately 30 businesses, including a hardware store, dance studio, dental offices, and a full-service restaurant with liquor license, providing consistent daily activity and foot traffic.
The suite is suitable for a wide range of professional and retail uses, including (buyer to verify) professional services, office users, financial services, boutique retail, and similar businesses. The space may be used as-is or reconfigured by removing interior office partitions to create a more open layout. Flexible configuration allows for open space or multiple private offices.
Situated along a main thoroughfare with approximately 25,500 vehicles passing daily, the property benefits from strong visibility and signage opportunities. Additional foot traffic is generated by long-term building tenants and nearby market and restaurant uses. The property is adjacent to a tree-lined city park, enhancing the overall setting and near golf courses, schools, and the cities of Rancho Palos Verdes, Redondo Beach and Torrance.
The Lunada Bay / Palos Verdes Estates area is among the most desirable and affluent in the region, with a family-friendly score of 97/100. Median household income is approximately $247,500 annually, with average home values near $2.6 million, reflecting the economic stability and strength of the surrounding market.
The recently remodeled suite offers a spacious reception or waiting area, a separate rear entry, and ample parking, including front parking and covered parking in the rear. The patio building features an open-air courtyard and serene entryway, creating a welcoming environment for customers and staff.
Base rent is $2.49 per square foot ($3,950/month). CAM charges and property taxes are approximately $600 per month. Total monthly rent is approximately $4,550. Owner prefers lease terms of three (3) years or longer. Call today for an appointment.
The suite is suitable for a wide range of professional and retail uses, including (buyer to verify) professional services, office users, financial services, boutique retail, and similar businesses. The space may be used as-is or reconfigured by removing interior office partitions to create a more open layout. Flexible configuration allows for open space or multiple private offices.
Situated along a main thoroughfare with approximately 25,500 vehicles passing daily, the property benefits from strong visibility and signage opportunities. Additional foot traffic is generated by long-term building tenants and nearby market and restaurant uses. The property is adjacent to a tree-lined city park, enhancing the overall setting and near golf courses, schools, and the cities of Rancho Palos Verdes, Redondo Beach and Torrance.
The Lunada Bay / Palos Verdes Estates area is among the most desirable and affluent in the region, with a family-friendly score of 97/100. Median household income is approximately $247,500 annually, with average home values near $2.6 million, reflecting the economic stability and strength of the surrounding market.
The recently remodeled suite offers a spacious reception or waiting area, a separate rear entry, and ample parking, including front parking and covered parking in the rear. The patio building features an open-air courtyard and serene entryway, creating a welcoming environment for customers and staff.
Base rent is $2.49 per square foot ($3,950/month). CAM charges and property taxes are approximately $600 per month. Total monthly rent is approximately $4,550. Owner prefers lease terms of three (3) years or longer. Call today for an appointment.
Location
State CA
County Los Angeles
Area 160 - Lunada Bay/Margate
Interior
Heating Central
Fireplace No
Exterior
Fence None
Utilities Available Electricity Connected, Water Connected
Building
Lot Description 0-1 Unit/Acre
Story 3
Water Public
Others
Tax ID 7542015025
Virtual Tour https://www.wellcomemat.com/mls/578v02f2b2171meki
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Listed by Clara Duran-Reed The Duran Reed Firm, Inc. 310-519-7670
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High State Realty
BROKER, OWNER | License ID: 02181686
BROKER, OWNER License ID: 02181686