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$2,900,000
715 Silver Spur Rd, Rolling Hills Estates, CA 90274
0 Beds
0 Baths
7,603 sqft

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When was the last time you saw an opportunity to own a tremendous commercial property in the heart of the Palos Verdes Peninsula… NEVER! This property features a great mix of 14 office and retail suites and is located on the heavily trafficked Silver Spur Rd. Situated on a massive 15,000+ square foot lot with high visibility, this opportunity makes sense for investors and owner-users alike. The current vacant units offer contiguous suites that can be combined for larger offices. The location is impossible to beat, as the property is just a few steps to the Promenade on the Peninsula and Peninsula Center - home to restaurants, cafes, retail shopping, and more, which provide a lifestyle geared towards tenant attraction and retention. The opportunity features a very large parking lot equipped with 14 allotted spaces, making parking for the tenants and their patrons a breeze. Additionally, the commercial zoning (CG) allows for a plethora of uses, making it easy for a wide-array of businesses to make this their next location.
  • Price:
  • $2,900,000
  • Square Footage:
  • 7,603
  • Acreage:
  • 0.35
  • Year Built:
  • 1961
  • Listing ID #:
  • PW21235139
  • Street Address:
  • 715 Silver Spur Rd
  • City:
  • Rolling Hills Estates
  • State:
  • California
  • Postal Code:
  • 90274
  • County:
  • Los Angeles
  • Community:
  • Peninsula Center
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Building Security:
  • Security Lights
  • Construction Description:
  • Stucco, Steel, Wood Siding
  • Entry Level:
  • 1
  • Number Of Units:
  • 14
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 7603
  • Type Of Roof:
  • Flat
  • Year Built:
  • 1961
  • Year Built Source:
  • Assessor
  • Annual Electric Expenses:
  • 799
  • Annual Insurance Expenses:
  • 5113
  • Annual Maintenance Expenses:
  • 26297
  • Annual Trash Expenses:
  • 2743
  • Annual Water/Sewer Expenses:
  • 562
  • Business Type:
  • Arts And Entertainment, Barber/Beauty, Financial, Professional/Office, Professional Service, Real Estate
  • Net Operating Income:
  • 64382
  • Operating Expense:
  • 49798
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Cg
  • Lot Features:
  • 0-1 Unit/Acre, Irregular Lot, Street Level
  • Lot Size:
  • 15378
  • Lot Square Footage:
  • 15378
  • Topography:
  • Rolling
  • Days On Market:
  • 32
  • On Market Date:
  • 2021-10-26
  • Originating Mls:
  • Crmls
  • Terms:
  • Cash, Conventional, 1031 Exchange
  • Building Name:
  • Tkm
  • Parking Spaces:
  • 16
  • Uncovered Parking Spaces:
  • 16
  • Cooling System:
  • Wall/Window Unit(s)
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Utilities:
  • Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Unit 1 Description:
  • Acupuncture
  • Unit 1 Monthly Rent:
  • 1325
  • Unit 10 Description:
  • Engineering Office
  • Unit 10 Monthly Rent:
  • 520
  • Unit 11 Description:
  • Import-Export Business
  • Unit 11 Monthly Rent:
  • 640
  • Unit 12 Description:
  • Attorney's Office
  • Unit 12 Monthly Rent:
  • 735
  • Unit 13 Description:
  • Art Studio
  • Unit 13 Monthly Rent:
  • 985
  • Unit 2 Description:
  • Real Estate Office
  • Unit 2 Monthly Rent:
  • 2740
  • Unit 3 Description:
  • Vacant
  • Unit 4 Description:
  • Vacant
  • Unit 5 Description:
  • Vacant
  • Unit 6 Description:
  • Vacant
  • Unit 7 Description:
  • Personal Care
  • Unit 7 Monthly Rent:
  • 750
  • Unit 8 Description:
  • Hair Salon
  • Unit 8 Monthly Rent:
  • 1195
  • Unit 9 Description:
  • Insurance Office
  • Unit 9 Monthly Rent:
  • 625
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Caleb Baldwin of Sage Real Estate
  • CACRMLS

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