1617 S. Pacific Coast Hwy, Redondo Beach, CA 92077

$265,000
Sold Price
$265,000
List Price
$330,000
Closing Date
Aug 11, 2020
Status
CLOSED
MLS#
PW19139903
Days on Market
146
Property Type
Investment

Property Description

Rare beach city establishment with a beer and wine license on the market! Currently, a Pho. Vietnamese restaurant, this store is in a central location within walking distance of Trader Joe’s, smart and final, coffee bean, chase bank, Wells Fargo, and a farmers market with Pacific Coast Hwy as a major cross street. Parking is available both on the street and in the rear of the building. This low price Well equipped includes but not limited to: 3 Pos systems, 4 full-size commercial refrigerators, 1 walk-in refrigerator, 1 single door refrigerator, and 1 full-size commercial freezer as well beer tap, approx 120 sq ft locked storage room, approx 350 sq ft nicely covered, heated, lighted patio in front that can seat 24 customers. The walls and floors have also recently been upgraded. Current lease amount includes triple net and water. The city allows up to midnight operating hours. This gem is grossing approx. $ 155, 000 a month. Come see this opportunity before it’s gone.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Anna Lieu (annahlieu@gmail.com) from Listing Office: Ascension Realty & Investments.

Listing sold by Tony Cordi from Aspire Realty Advisors

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.