$3,350,000
16-unit office building located in the desirable Malaga Cove area of Palos Verdes. This multi-tenant property offers approximately 8,000+ square feet of rentable office space situated on a large 18,000+ square foot lot. The building features 16 individual office suites ranging from approximately 250 to 600 square feet, which are highly desirable for small professional users such as therapists, consultants, attorneys, and other service-based businesses. The smaller suite sizes have historically maintained strong occupancy with minimal vacancy, providing stable income potential for investors. The property also offers approximately 26 on-site parking spaces, an attractive amenity for tenants and visitors. Located in the prestigious Malaga Cove area of Palos Verdes, the property benefits from excellent accessibility and a strong professional tenant base.
Click to interact with map
Listed by Juan Huizar with Sage Real Estate Group, Inc. (562) 400-7622
Property Type
Office
Status
Active
MLS Number
PW26048904
Year Built
1956
Lot Size
0.42 acres