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Listed by George Takis • West Shores Realty, Inc.
$12,000,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB-26174834
Year Built 1957
Property Sub-Type Hotel/Motel
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Super Rare opportunity to own two AAA buildings side by side on one of Malaga Cove's most coveted addresses. Properties rarely, if ever, come for sale on this street; with only 4 properties on the entire street, this comprises 1/2 of the block. This property is being sold in conjunction with 425 Via Corta, Palos Verdes Estates. Both properties combined total 11,494 sq ft, according to the tax rolls. The total amount of land is 11,500 sq.ft.
The existing structure is currently used as office space, custom-designed by Kaden's, complete with a fireplace by Walter Davis, the same as Yellow Vase.
This is one of the most beautiful properties in Malaga Cove, two stories, open space with kitchenette, and 4 offices downstairs. Upstairs, Conference with private office, own address (419) Via Corta; it has its own entrance as well. This property is built with quality and integrity; everything is first class, top-notch.
Excluded from sale: 2 Chandeliers in the main front room, and 1 upstairs
The existing structure is currently used as office space, custom-designed by Kaden's, complete with a fireplace by Walter Davis, the same as Yellow Vase.
This is one of the most beautiful properties in Malaga Cove, two stories, open space with kitchenette, and 4 offices downstairs. Upstairs, Conference with private office, own address (419) Via Corta; it has its own entrance as well. This property is built with quality and integrity; everything is first class, top-notch.
Excluded from sale: 2 Chandeliers in the main front room, and 1 upstairs
Location
State CA
County Los Angeles
Area 163 - Malaga Cove
Zoning Hotel/Restaurant
Interior
Heating Zoned, Forced Air
Laundry None
Exterior
Utilities Available Sewer Connected, Water Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Building
Lot Description Level, Level with Street, Near Public Transit, Park Nearby, Rectangular Lot, 0-1 Unit/Acre
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900