PCH Corner Lot Net Lease Oppor 921 Pacific Coast Highway 865 SF 100% Leased Retail Building Redondo Beach, CA 90277 $3,220,683 CAD ($3,723.33 CAD/SF) 5.13% Cap Rate

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.