$2,385,000
$2,385,000
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1624 Pacific Coast Hwy Harbor City, CA 90710
0.62 Acres Lot
Key Details
Sold Price $2,385,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV20198425
Sold Date 12/23/20
HOA Y/N No
Lot Size 0.620 Acres
Acres 0.62
Property Description
An incredible opportunity to own a C-2 zoned property on a premium location on Pacific Coast Hwy in Harbor City. First time on the market in over 40+ years, this property famously hosted the family run business "Bay Area Rentals". With over 48,000 vehicles driving by per day, this makes for a great opportunity for the next owner-user or investor to take over. This massive property features a 27,200 sf lot, with two buildings on the property. The front 7,000 sf building features a front shop and back warehouse with loading dock and upper level with storage and office space. The back building includes 2 garages and an upper level with office quarters. The property is currently bringing in income from two sources; AT&T leases equipment space for approx $40,000 a year (lease ends in 2037) and the billboard sign is at approx $27,000 a year (lease ends in 2030). SELLER MAY CARRY FINANCING
Location
State CA
County Los Angeles
Area 124 - Harbor City
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Total Parking Spaces 4
Building
Lot Description 2-5 Units/Acre
Water Public
Others
Tax ID 7411004015
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Financing Seller Financing
Special Listing Condition Standard
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Bought with Maureen Giancanelli • Keller Williams Palos Verdes