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716 S Pacific Coast Highway - Pacific Coast Inn, Redondo Beach, CA
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716 S Pacific Coast Highway - Pacific Coast Inn
Redondo Beach, CA 90277-4225 - Beach Cities/Palos Verdes Submarket
Number of Rooms:
.35 AC (15,102 SF)
For Sale Price:
3.68 Parking Spaces / 1,000 SF
Composition Open(Tandem) Covered(Tandem) Total Condition
Asphault: 12(0) 0(0) 12 Average
Concrete: 6(0) 2(0) 8 Average
Property Description: Motel (20 Rooms)
Southern California Renowned Boutique Motel
This exceptional South Redondo Beach investment opportunity is being exclusively offered by Miguel Aguilo & Brett O'Keefe of RE/MAX Commercial. The Pacific Coast Inn Motel is located on Pacific Coast Highway in the heart of the South Redondo Beach retail corridor.
The property is a two-story fully upgraded Boutique Motel of approximately 5,975 square feet with 20 rooms and free standing 2 bedroom house with full laundry building. The property is situated on a 15,000 square feet lot just a couple blocks to the beautiful beach of South Redondo Beach and only 7 miles from LAX.
The hotel' s prime location drives significant repeat guests. Proximity to the beach, pier, and the Hollywood Riviera offer a great selection of seaside restaurants, cafes, shopping and public transportation. Also, less than a mile away, a large development is coming at the Redondo Beach Pier estimated to exceed $300 million in improvements.
Pacific Coast Highway is the main retail corridor through the beach cities spanning the entire length of Redondo Beach, Hermosa Beach, Manhattan Beach, and El Segundo running parallel to the beach. Daily car count is approximately 37,240. Average household income within 3 miles exceeds $122,000 with a population over 162,000 people.
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