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715 Silver Spur Road

Rolling Hills Estates, CA 90274
  • $2,900,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: PW21235139
UPDATED: 45 min ago
$2,900,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1961
County:

School Ratings & Info

Listing Agent: Caleb Baldwin of Sage Real Estate and Juan Huizar of


Description

When was the last time you saw an opportunity to own a tremendous commercial property in the heart of the Palos Verdes Peninsula NEVER! This property features a great mix of 14 office and retail suites and is located on the heavily trafficked Silver Spur Rd. Situated on a massive 15,000+ square foot lot with high visibility, this opportunity makes sense for investors and owner-users alike. The current vacant units offer contiguous suites that can be combined for larger offices. The location is impossible to beat, as the property is just a few steps to the Promenade on the Peninsula and Peninsula Center - home to restaurants, cafes, retail shopping, and more, which provide a lifestyle geared towards tenant attraction and retention. The opportunity features a very large parking lot equipped with 14 allotted spaces, making parking for the tenants and their patrons a breeze. Additionally, the commercial zoning (CG) allows for a plethora of uses, making it easy for a wide-array of businesses to make this their next location.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T07:26:33.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RGA Homes | Coldwell Banker Realty. Licensed in the State of California, USA.
www.rgahomes.com/homes/122769382
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715 Silver Spur Road Rolling Hills Estates, CA 90274

  • Price: $2,900,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 45 min ago
  • ID#: PW21235139
0
Beds
0
Baths
0
½ Baths
0.35
Acres
1961
Built
Neighborhood:
175 - Peninsula Center
County:
Los Angeles
Area:
175 - Peninsula Center
Property Description
When was the last time you saw an opportunity to own a tremendous commercial property in the heart of the Palos Verdes Peninsula NEVER! This property features a great mix of 14 office and retail suites and is located on the heavily trafficked Silver Spur Rd. Situated on a massive 15,000+ square foot lot with high visibility, this opportunity makes sense for investors and owner-users alike. The current vacant units offer contiguous suites that can be combined for larger offices. The location is impossible to beat, as the property is just a few steps to the Promenade on the Peninsula and Peninsula Center - home to restaurants, cafes, retail shopping, and more, which provide a lifestyle geared towards tenant attraction and retention. The opportunity features a very large parking lot equipped with 14 allotted spaces, making parking for the tenants and their patrons a breeze. Additionally, the commercial zoning (CG) allows for a plethora of uses, making it easy for a wide-array of businesses to make this their next location.
Exterior Features

Construction Materials StuccoSteelWood Siding Entry Level 1 Fencing None Lot Features 0-1 Unit/AcreIrregular LotStreet Level Open Parking Spaces 16 Parking Total 16 Roof Flat Topography Rolling

Interior Features

Cooling Wall/Window Unit(S) Cooling YN Yes

Property Features

Additional Parcels YN No Building Name Tkm Business Type Arts And EntertainmentBarber/BeautyFinancialProfessional/OfficeProfessional ServiceReal Estate Cap Rate 4.36 Common Interest None Current Financing None Electric Expense 799 Gross Scheduled Income 114180 Insurance Expense 5113 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Maintenance Expense 26297 Net Operating Income 64382 Number Of Units Leased 9 Operating Expense 49798 Property Sub Type Office Security Features Security Lights Special Listing Conditions Standard Trash Expense 2743 Utilities Electricity ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 562 Water Source Public Zoning Cg



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T07:26:33.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RGA Homes | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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RGA Homes | Coldwell Banker Realty
3790 Via De La Valle Suite 301
Del Mar CA, 92014
Listing Agent: Caleb Baldwin of Sage Real Estate and Juan Huizar of