607 South Pacific Coast, Redondo Beach, CA 90277

$2,650,000 Approx. USD 0 beds, 0 baths
4,464 sqft

Agent Remarks

This exceptional investment opportunity is being offer exclusively by CBRE. The Corbin’s Redondo Bicycle mixed-use building sits on the West side of Pacific Coast Highway in the heart of Redondo Beach. The building consists of approximately 3084 square feet of Retail space on the ground floor and one two Bedroom one Bath apartment plus den on the second floor. The investment is being offered with a new three year absolute net lease on the retail space and a one year residential lease on the apartment as of the close of escrow. Corbin’s Redondo Bicycle is a community staple and locally owned in Redondo Beach for over 45 years. Corbin’s is a generational business which opened its doors originally in 1970 and was passed to the grandson and current owner in 1995. The property is located only blocks from the beach making them highly desired retail and residential units. Please call or email me for complete Offering Memorandum with financials.

Listing Details

Property type: SPEC (Commercial)
Status: Active
MLS# SB16092044
List price is $2,650,000 Reduced by $150,000 on 6/2/2016
Beds: 0
Baths: 0
Built in 1960
4,464 sqft
0.25 acres
Lot size: 10951.000
County: Los Angeles
MLS area: 156 - S Redondo Bch S of Torrance Bl

Last Updated: 7/8/2016

 Find more Redondo Beach homes and real estate

 Find more homes in 90277 zip code

This listing belongs to the 156 - S Redondo Bch S of Torrance Bl MLS area

Lat/Long: 33.832184, -118.385277.
Find nearby listings

Broker: Courtesy of CBRE, Inc.
Listing Agent: John Levis

Area Map

Nearby Schools

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

Similar Listings