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901-909 S Pacific Coast Hwy 3,960 SF Retail Building Redondo Beach, CA 90277 $4,443,075 CAD ($1,121.99 CAD/SF) 5.76% Cap Rate
Investment Highlights
- Visibility, Signage, Proximity to Beach and other Points of Interest.
- Five units with individual signage and an additional rooftop billboard.
- Surrounded by strong demographics and a thriving retail and tourist corridor.
- Excellent visibility with approximately 30,000 vehicles passing daily.
- Located just 0.5 miles from the beach and eight miles from LAX.
Executive Summary
Prime commercial corner lot on Pacific Coast Highway in Redondo Beach. Featuring 73 feet of frontage with excellent visibility and approximately 30,000 cars passing daily. Great signage for each of the 5 units including an 8'x5 billboard atop unit 901. 10 car on-site parking and street parking along PCH. Strong surrounding demographics with high median incomes. Located just half a mile from the beach, eight miles from LAX, and within a thriving international tourist destination. Ideal for retail, restaurant, or service use.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$256,331
|
$64.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$256,331
|
$64.73
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $256,331 |
| Annual Per SF | $64.73 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $256,331 |
| Annual Per SF | $64.73 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,960 SF
Building Class
C
Year Built
1955
Price
$4,443,075 CAD
Price Per SF
$1,121.99 CAD
Cap Rate
5.76%
NOI
$255,921 CAD
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.66
Lot Size
0.14 AC
Zoning
RBC-2-PD - General Commercial
Parking
10 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7509-003-001 | Improvements Assessment | $114,527 CAD |
| Land Assessment | $204,229 CAD | Total Assessment | $318,756 CAD |
Property Taxes
Parcel Number
7509-003-001
Land Assessment
$204,229 CAD
Improvements Assessment
$114,527 CAD
Total Assessment
$318,756 CAD
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901-909 S Pacific Coast Hwy
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