2415 Artesia Blvd, Redondo Beach, CA, 90278

2415 Artesia Blvd Redondo Beach, CA 90278

2415 Artesia Blvd, Redondo Beach, CA, 90278
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FOR SALE
Property Type:
Free Standing Building
Amount:
Please Call Broker for Price

Last Verified:
Nov 19, 2024

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Highlights

  • Great visibility in prime Redondo Beach Artesia and Aviation Corridor commercial hub
  • Outstanding South Bay Beach Cities location with strong demographics minutes from Manhattan Beach, Hermosa Beach, El Segundo and Torrance
  • Two separate buildings with 100% occupancy with a ~620 SF Juice Bar in the front and a ~1,120 SF CrossFit Tenant in the back of the property
  • Great flexibility for an owner user or developer
  • Permitted uses include retail, restaurants, schools, daycare, senior housing, hotels and office
  • The city is making numerous improvements in the Redondo Beach Artesia and Aviation Corridor including:
  • Adding pedestrian and bike friendly paths, outdoor dining & other gathering spaces
  • Increasing the allowable floor area ratio or square footage
  • Eliminating the CUP requirement for restaurants larger than 2,000 square feet

Description

Great visibility in prime Redondo Beach Artesia and Aviation Corridor commercial hub
Outstanding South Bay Beach Cities location with strong demographics minutes from Manhattan Beach, Hermosa Beach, El Segundo and Torrance
Two separate buildings with 100% occupancy with a ~620 SF Juice Bar in the front and a ~1,120 SF CrossFit Tenant in the back of the property
• Great flexibility for an owner user or developer with the Juice Bar indicating they would like to leave prior to their June 2026 expiration and the CrossFit Tenant on MTM
Permitted uses include retail, restaurants, schools, daycare, senior housing, hotels and office
The city is making numerous improvements in the Redondo Beach Artesia and Aviation Corridor including:
Adding pedestrian and bike friendly paths, outdoor dining & other gathering spaces
Increasing the allowable floor area ratio or square footage
Eliminating the CUP requirement for restaurants larger than 2,000 square feet

In the city of Redondo Beach


Year Built: 1938
Building Size: 1740sq ft
Lot Size: 0.15 acres


Documents

Classic Flyer/Brochure (P)

Map of 2415 Artesia Blvd, Redondo Beach, CA, 90278

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.