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707 Silver Spur Road

Rolling Hills Estates, CA 90274
  • $2,600,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: SB23201388
UPDATED: 27 min ago
$2,600,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Zafar Chaudhri of Home Team Realty (310-539-4300)


Description

Location, Location, Location! Great opportunity to own this commercial property in the most beautiful Palos Verdes Peninsula area. This large property has 6782 Square feet living area which sits on a huge commercial (RECG* zoning) lot, 14940 Square feet. Besides having 9 dedicated parking spaces for this property, there are plenty of parking spaces in the rear of the building. Unbeatable location a short walk to the Peninsula Center, restaurants, library, retail stores and much more. This high income producing property has many long term solid tenants. Please do not disturb tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T20:31:01.103. 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 deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/144841034
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707 Silver Spur Road Rolling Hills Estates, CA 90274

  • Price: $2,600,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 27 min ago
  • ID#: SB23201388
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1962
Built
Neighborhood:
175 - Peninsula Center
County:
Los Angeles
Area:
175 - Peninsula Center
Property Description
Location, Location, Location! Great opportunity to own this commercial property in the most beautiful Palos Verdes Peninsula area. This large property has 6782 Square feet living area which sits on a huge commercial (RECG* zoning) lot, 14940 Square feet. Besides having 9 dedicated parking spaces for this property, there are plenty of parking spaces in the rear of the building. Unbeatable location a short walk to the Peninsula Center, restaurants, library, retail stores and much more. This high income producing property has many long term solid tenants. Please do not disturb tenants.
Exterior Features

Entry Level 1 Sign On Property YN Yes

Interior Features

Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 5.74 Common Interest None Electric Expense 23495 Gross Scheduled Income 204960 Insurance Expense 3339 Laundry Features None Listing Agreement Exclusive Right To Sell Maintenance Expense 6172 Net Operating Income 149362.89 Operating Expense 55597.11 Other Expense 192.23 Property Sub Type Mixed Use Special Listing Conditions Standard Tax Year 2022 Trash Expense 2234 Vacancy Allowance 12000 Vacancy Allowance Rate 6 Water Sewer Expense 810.46 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T20:31:01.103. 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 deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Zafar Chaudhri of Home Team Realty (310-539-4300)