Harbor City, CA 90710,1624 Pacific Coast Hwy
Harbor City, CA 90710,1624 Pacific Coast Hwy
Harbor City, CA 90710,1624 Pacific Coast Hwy
$2,385,000
Est. payment /mo
$2,385,000
Est.Price: ?

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0.62 Acres Lot
SOLD DATE : 12/23/2020

Key Details

Sold Price $2,385,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PV20198425

Sold Date 12/23/20

HOA Y/N No

Lot Size 0.620 Acres

Property Description

An incredible opportunity to own a C-2 zoned property on a premium location on Pacific Coast Hwy in Harbor City. First time on the market in over 40+ years, this property famously hosted the family run business "Bay Area Rentals". With over 48,000 vehicles driving by per day, this makes for a great opportunity for the next owner-user or investor to take over. This massive property features a 27,200 sf lot, with two buildings on the property. The front 7,000 sf building features a front shop and back warehouse with loading dock and upper level with storage and office space. The back building includes 2 garages and an upper level with office quarters. The property is currently bringing in income from two sources; AT&T leases equipment space for approx $40,000 a year (lease ends in 2037) and the billboard sign is at approx $27,000 a year (lease ends in 2030). SELLER MAY CARRY FINANCING

Location

State CA

County Los Angeles

Area 124 - Harbor City

Interior

Fireplace No

Laundry None

Exterior

Total Parking Spaces 4

Building

Lot Description 2-5 Units/Acre

Water Public

Others

Tax ID 7411004015

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Financing Seller Financing

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nicole Pletkovich • Keller Williams Realty
Bought with Maureen Giancanelli • Keller Williams Palos Verdes

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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