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1200 S  PACIFIC  COAST  HIGHWAY   REDONDO  BEACH,  CA  90277    

MICHELLE ACCETTA   310.293.1883   Michelle@MarketplaceRE.com   DRE  01915986  

Beach City  Brokers   200  S  Pacific  Coast  Highway,     Redondo  Beach,  CA  90277  


1200 S Pacific Coast Highway Redondo Beach, CA 90275

EXPENSES Real Estate Taxes Insurance CAM Electric Water Gas TOTAL CAM Landscape Building Supplies Trash TOTAL EXPENSES

Current Per SF $21,253.86 $2,000.00* $3,600.00* $1,080.00* $1,212.00* $5,892.00* $960.00* $240.00* $993.00* $31,338.86*

$5.17 $0.49* $0.88* $0.26* $0.29* $1.43* $0.23* $0.06* $0.24* $7.61*

*Estimated expenses based on December 2012 billings

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

INCOME & EXPENSES Gross Leasable Area (GLA)

4,113 SF** Current

Base Rent Occupied Space GROSS POTENTIAL RENT Expense Reimbursements CAM Total Expense Reimbursements GROSS POTENTIAL INCOME Vacancy/Collections Allowance (% of GPR) EFFECTIVE GROSS INCOME Total Expenses NET OPERATING INCOME

Per SF

92,400 $92,400

22.46 $22.46

$5,892.00* $5,892.00*

$1.43* $1.43*

$98,292* 0% $98,292*

$23.89* 0% $23.89*

$30,858.00*

$7.26*

$68,434.00*

$16.63*

*Estimated expenses based on charges for December 2012 **Buyer to verify

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

TENANT SUMMARY Suite

Tennant

A-1

Michael Mulligan Development

A-2 C D B

South Bay Management Service

GLA

% of GLA 465**

11.30%

1,830**

L.A. Tax & Accounting Corporation

E F

Lease Commence

Lease Expire

Annual Rent

Rent/ SF

Owner Occupant 8/31/2016

$18,000.00

$38.71

44.49%

Owner Occupant 9/1/2011

$44,400.00

$24.26

400**

9.73%

12/1/2011

$9,600.00

$24.00

Embody

438**

10.65%

6/1/2012

11/30/201 3 6/1/2013

$8,400.00

$19.18

ATTHEPOST, INC

980**

23.83%

11/1/2011

5/1/2012

$12,000.00

$12.24

4,113** 4,113**

100% 100%

TOTAL VACANT TOTAL OCCUPIED TOTAL

$92,400.00 $92,400.00

**Buyer to verify

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

FINANCIAL OVERVIEW Location 1200 South Pacific Coast Highway Redondo Beach, CA Price Gross Leasable Area (GLA) Price/SF Lot Size Year Built

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

$1,499,000 4,113 $364.45 7,697 1979

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

INVESTMENT OVERVIEW Investment Highlights ■ Five Tenant – Seven suite building (Two Suites upstairs, Five suites downstairs) ■ Pacific Coast Highway (Redondo Beach) Location ■ Owner occupied building ■ Newly Remodeled in 2006 with new plumbing, electrical, flooring, etc. ■ 12 parking spaces ■ Excellent Retirement Cash Flow Vehicle

Beach City Brokers is pleased to present the sale of 1200 South Pacific Coast Highway in Redondo Beach California. This Office building is a seven-suite building, with two suites upstairs and five downstairs. Constructed in 1979 and remodeled in 2006 this building is located in the heart of Redondo Beach. Located on Pacific Coast Highway this building boasts ample parking with 12 spots as well as an easy access location. The seven suites are currently leased as modified gross. Utilities (gas, water and electric) are split amongst tenants based on percentage-leased space. Expenses are based on estimated yearly amounts based on December 2012 billings and slight increases for summer months. Building is owner occupied and managed.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

PROPERTY SUMMARY The Offering Property Address Assessor's Parcel Number Zoning

Site Description Number of Stories Year Built Gross Leasable Area (GLA) Lot Size Parking

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

1200 South Pacific Coast Highway Redondo Beach, CA 90277 7510-014-001 Redondo Beach C2PD

Two 1979 4,113 SF 7,697 12 Spaces

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

PROPERTY FEATURES

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

DEMOGRAPHIC

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

DEMOGRAPHIC Geography: 5 Miles Population In 2011, the population in your selected geography was 334,672 . The population has changed by 3.93% since 2000. It is estimated that the population in your area will be 332,507 five years from now, which represents a change of -0.65% from the current year. The current population is 49.1% male and 50.9% female. The median age of the population in your area is 40.6, compare this to the U.S. average which is 36.9. The population density in your area is 4,260.76 people per square mile. Households There are currently 132,347 households in your selected geography. The number of households has changed by 2.63% since 2000. It is estimated that the number of households in your area will be 135,951 five years from now, which represents a change of 2.72% from the current year. The average household size in your area is 2.51 persons. Income In 2011, the median household income for your selected geography is $79,248 , compare this to the U.S. average which is currently $53,620. The median household income for your area has changed by 21.52% since 2000. It is estimated that the median household income in your area will be $86,294 five years from now, which represents a change of 8.89% from the current year. The current year per capita income in your area is $46,023 , compare this to the U.S. average, which is $28,713. The current year average household income in your area is $114,985 , compare this to the U.S. average which is $73,458. Race & Ethnicity The current year racial makeup of your selected area is as follows: 61.15% White, 3.02% African American, 0.41% Native American and 19.08% Asian/Pacific Islander. Compare these to U.S. averages which are: 72.40% White, 12.60% African American, 0.95% Native American and 4.93% Asian/Pacific Islander. People of Hispanic origin are counted independently of race. People of Hispanic origin make up 18.81% of the current year population in your selected area. Compare this to the U.S. average of 16.90%. Housing The median housing value in your area was $386,363 in 2000, compare this to the U.S. average of $110,796 for the same year. In 2000, there were 71,736 owner occupied housing units in your area and there were 57,207 renter occupied housing units in your area. The median rent at the time was $886 . Employment In 2011, there are 158,110 employees in your selected area, this is also known as the daytime population. The 2000 Census revealed that 77.4% of employees are employed in white-collar occupations in this geography, and 22.6% are employed in blue-collar occupations. In 2011, unemployment in this area is 7.07% . In 2000, the median time traveled to work was 23.5 minutes.

Demographic data © 2010 by Experian/Applied Geographic Solutions

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

POPULATION DENSITY

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

EMPLOYMENT DENSITY

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

AVERAGE HOUSEHOLD INCOME

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883


1200 S Pacific Coast Highway Redondo Beach, CA 90275

TRAFFIC COUNTS

Copyright ©2001-2012, City of Redondo Beach

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

MICHELLE ACCETTA Michelle@MarketplaceRE.com 310.293.1883

1200 S Pacific Coast Highway Marketing Packet  

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