921 Pacific Coast Highway - Retail FOR SALE


Redondo Beach, CA 90277
$2,325,000 USD
310-710-3829
921 Pacific Coast Highway, Redondo Beach, CA for Sale
$2,325,000 USD
Retail - FOR SALE
1/25

921 Pacific Coast Highway
Redondo Beach, CA 90277


HIGHLIGHTS

  • El Burrito Jr and LBJ’s Charbroiled Burgers (Same Operator) in Redondo Beach
  • LBJs Has 5 Locations Total and Has Been a Tenant Since 1995 - Potential For Long-Term Lease
  • NNN Lease - No Landlord Responsibilities
  • Current Lease Set to Expire April 30, 2028
  • Current Tenant Paying $9,938/Mo (Rent Amount is Effective 5/1)
  • High Visibility on PCH w/ Signage on the Corner

OVERVIEW

921 S Pacific Coast Highway is a well-located retail investment opportunity situated along the highly trafficked Pacific Coast Highway corridor in Redondo Beach, California. Positioned on a prominent corner lot, the property benefits from strong street visibility, consistent vehicle traffic, and excellent signage exposure in one of the South Bay’s most desirable coastal markets. The property consists of two restaurant buildings totaling approximately 865 square feet, situated on an 11,401 square foot lot. Both spaces are currently leased to the same tenant, providing stable in-place income with a lease in place through April 30, 2028. The tenant’s rent is $9,938 per month (effective May 1st). The site offers approximately 18 parking spaces plus one handicap space, allowing for convenient customer access and efficient circulation. Each building features its own outdoor dining area, enhancing the usability and appeal of the space for restaurant operations. Built in 1963, the property is zoned RBC-2-PD, allowing for a variety of commercial uses. Its strategic corner location along Pacific Coast Highway provides excellent exposure, strong demographics, and proximity to surrounding retail, residential neighborhoods, and the greater South Bay. This offering presents an attractive opportunity for investors seeking stable income in a high-demand coastal submarket with long-term upside potential.

FOR SALE DETAILS

PRICE

$2,325,000 USD

CAP RATE

5.13%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PCH Corner Lot Net Lease Oppor

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

7509-003-039

ASK ABOUT THIS PROPERTY

Woody StahlLyon Stahl Investment Real Estate, Inc.More Info
310-710-3829

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Woody StahlLyon Stahl Investment Real Estate, Inc.More Info
310-710-3829

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.