316 Tejon, Palos Verdes Estates, CA 90274
- $3,400,000
- Sold Price
- $3,400,000
- List Price
- $3,350,000
- Closing Date
- Apr 17, 2026
- Status
- CLOSED
- MLS#
- PW26048904
- Year Built
- 1956
- Lot Size
- 18,364
- Acres
- 0.42
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 11
- Property Type
- Commercial
- 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.
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Additional Information
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Exterior Construction
- Stucco
- Roof
- Flat, Spanish Tile
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 16
- Gross Scheduled Income
- $245,472
Listing courtesy of Listing Agent: Juan Huizar (juan@sageregroup.com) from Listing Office: Sage Real Estate Group, Inc..
Listing sold by Jason Sikola from Estate Properties
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.