$3,400,000
$3,350,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
0.42 Acres Lot
SOLD DATE : 04/17/2026
Key Details
Sold Price $3,400,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW26048904
Sold Date 04/17/26
HOA Y/N No
Year Built 1956
Lot Size 0.422 Acres
Property Sub-Type Office
Property Description
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.
Location
State CA
County Los Angeles
Area 163 - Malaga Cove
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Laundry None
Exterior
Roof Type Flat,Spanish Tile
Total Parking Spaces 26
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 7539016018
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Jason Sikola Estate Properties
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