715 Silver Spur Road $2,900,000

    Close

    715 Silver Spur Road Rolling Hills Estates, CA 90274

    Active Under Contract
    Request Info
    • 7,603 sq. ft.
    • 0.35 Acres
    • Commercial Sale
    • MLS# PW21235139
    Favorite Share
    Views: 142 Days On Market: 212

    Go Tour This Listing

    Schedule A Showing

    Property Details

    When was the last time you saw an opportunity to own a tremendous commercial property in the heart of the Palos Verdes Peninsula'¦ NEVER! This property features a great mix of 14 office and retail suites and is located on the heavily trafficked Silver Spur Rd. Situated on a massive 15,000+ square foot lot with high visibility, this opportunity makes sense for investors and owner-users alike. The current vacant units offer contiguous suites that can be combined for larger offices. The location is impossible to beat, as the property is just a few steps to the Promenade on the Peninsula and Peninsula Center - home to restaurants, cafes, retail shopping, and more, which provide a lifestyle geared towards tenant attraction and retention. The opportunity features a very large parking lot equipped with 14 allotted spaces, making parking for the tenants and their patrons a breeze. Additionally, the commercial zoning (CG) allows for a plethora of uses, making it easy for a wide-array of businesses to make this their next location.

    • General Features
      • Buyer Compensation 2.000 %
      • County Or Parish Los Angeles
      • Number Of Buildings 1
      • Number Of Units Leased 9
      • Number Of Units Total 14
      • YearBuilt 1961
    • Building Features
      • Condo Area 0
      • Cooling Wall/Window Unit(s)
      • Laundry Features None
    • Property Features
      • Fencing None
      • Lot Features 0-1 Unit/Acre, Level with Street
      • Lot Size Acres 0.35
      • Topography Rolling/Hilly
      • Parking Total 16.00

    Contact

    Tony Barberi

    Tony Barberi

    Global Real Estate Advisor

    DRE# 01351812

    1144 Highland

    Mobile Phone: 310-529-2344

    Neighborhood

    90274 (Rolling Hills Estates) Demographics

    52 Median Age
    1,930 Population Density (per sq. mile)
    79% College Educated
    $169,919 Estimated Median Income
    7,986 Estimated Total Home Owners
    1,167 Estimated Total Renters
    87% / 13% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    25,061 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $2,788,850 Median Sales Price
    32 Homes Sold
    46 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,900,000
        2/8/2022 6:16:19 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        10/26/2021 6:17:00 PM New in Database Source: Multiple Listing Service New Value: $2,900,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 5/26/2022 6:50:43 AM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.