165 Palos Verdes Redondo Beach, CA $ 2,950,000
165 Palos Verdes
$ 2,950,000
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165 Palos Verdes

Redondo Beach, CA, 90277
$ 2,950,000
Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

$ 18,404

Listed by West Shores Realty, Inc.
165 Palos Verdes, Redondo Beach, CA 90277 - Image 1
165 Palos Verdes, Redondo Beach, CA 90277 - Image 2
165 Palos Verdes, Redondo Beach, CA 90277 - Image 3
165 Palos Verdes, Redondo Beach, CA 90277 - Image 4
165 Palos Verdes, Redondo Beach, CA 90277 - Image 5
165 Palos Verdes, Redondo Beach, CA 90277 - Image 6
165 Palos Verdes, Redondo Beach, CA 90277 - Image 7
165 Palos Verdes, Redondo Beach, CA 90277 - Image 8
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Commercial Property for sale in Redondo Beach, CA

for $2,950,000. This 2,500 square foot building was built in 1964 on a lot size of 0.1238.

Super rare Iconic Riviera Village Landmark Building, "The Pillbox Pharmacy". Prominent location on the NW corner of Via Valencia and Palos Verdes Blvd. Standing alone on a Street to alley corner lot, with an unobstructed view looking over Riviera Village and the Palos Verdes Peninsula. A fantastic opportunity for an owner-user or redevelopment project. The existing building is a two-story structure comprised of an upstairs and a downstairs. The downstairs will be vacant by the end of October 2025, and upstairs is currently leased to a church for its office. There is a corner suite upstairs, separate from the Church office, with a private entrance and balcony. The second floor is clear space with two restrooms, a breakroom/kitchenette, and a private entrance. Downstairs is an open space with two entrances, front and back, a restroom, and office space. Easy to show, contact the agent for showing instructions, all reasonable offers will be considered, don't be shy! Good luck and thank you.

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Commercial Active

Price

$ 2,950,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1238

Year Built

1964

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

SB25246303

Days on Market

60

Features
General
Heating Electric
Cooling None
Utilities Electricity Connected Natural Gas Available Phone Available Sewer Connected Water Connected
Roof Flat Rolled/Hot Mop
Construction Materials Stucco
Year Built 1964
Electric Electricity - On Property Standard
Property Subtype Retail
Business Type Commercial Drugstore
Waterfront Features Ocean Side Of Freeway Ocean Side Of Highway
County Los Angeles
Operating Expense 30590
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Northwest Corner od Palos Verdes Blvd & Via Valencia
City Redondo Beach
Open Parking Spaces 12
Number Of Units Total 3
MLS Area 128 - Hollywood Riviera
Lot Size Units Square Feet
Lot Size Square Feet 5392
Land Lease Y/N false
Electric Expense 4800
Trash Expense 3840
Water Sewer Expense 1200
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Retail
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Laundry Features None
Entry Level 1
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Exterior
Fencing None
Lot Features 0-1 Unit/Acre Corner Lot Landscaped Level Near Public Transit Rectangular Lot Street Level
Water Source Public
Total Parking 12
Lot Size Area 5392
Building Area Total 2500
Lot Size Acres 0.1238
Lot Size Source Assessor
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* Excluded Features
List By
West Shores Realty, Inc.

Broker

georgeptakis@gmail.com

Email

Affordability Calculator

$18,404
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,404
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$2,950,000 Listed Price

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165 Palos Verdes, Redondo Beach, CA, 90277 is a Commercial Property for sale at $2,950,000 with 2,500 sqft and a lot size of 0.1238. 165 Palos Verdes was built in 1964. The property's zip code is 90277 which is in Redondo Beach, CA