Details
https://luxre.com/r/K30w
Description
This brand-new mixed-use commercial plaza is centrally located in Santa Teresa, along the main road and only a 1-minute walk from the beach. This is a great option for businesses that rely on walk-ins and easy access, as well as for buyers seeking a property with multiple rental possibilities.
The lower level includes three street-facing commercial spaces along the main road—two retail units and one space designed for a café. Behind these front units is an additional office space suitable for a variety of professional uses. Four dedicated parking spaces are positioned directly in front of the building, providing convenient access for customers and tenants.
The second level features two newly built, modern two-bedroom, one-bathroom apartments. These units offer flexibility for long-term rental income, Airbnb rentals, or owner occupancy with rental income generated from the commercial units below.
The property has all essential utilities in place, including AyA public water, electricity, and high-speed fiber-optic internet. A backup generator ensures consistent power during outages, which is a valuable advantage in Santa Teresa.
New, well located, and fully equipped, this plaza presents a strong investment opportunity with multiple revenue streams in a highly sought-after part of town. Contact us today for more information and/or to schedule a private viewing.
Features
Exterior Features
Patio.
Additional Resources
Unique Luxury Home Steps from Hermosa Beach - YouTube
New Mixed-Use Commercial Plaza