715 Silver Spur Road, Rolling Hills Estates, CA 90274

$2,900,000
List Price
$2,900,000
Status
ACTIVE
MLS#
PW21235139
Year Built
1961
Lot Size
15,378
Acres
0.35
Lot Location
Item01UnitAcre, Irregular Lot, StreetLevel
Days on Market
87
Property Type
Commercial
Property Sub Type
Office

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.

Additional Information

Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Exterior Construction
Stucco, Steel, Wood Siding
Roof
Flat
Water
Public
Attached Structure
Detached
Number Of Units Total
14
Gross Scheduled Income
$114,180
Operating Expense
49798

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Caleb Baldwin from Listing Office: Sage Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.