CA > Rancho Palos Verdes
Rancho Palos Verdes, CA 90275,20 Miraleste Plaza
Rancho Palos Verdes, CA 90275,20 Miraleste Plaza
Rancho Palos Verdes, CA 90275,20 Miraleste Plaza
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$16,000
4,582 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

MLS Listing ID SB25199648

HOA Y/N No

Lot Size 4,582 Sqft

Property Sub-Type Retail

Property Description

**SF to be verified by tenant** **PPSF is negotiable** **Unit divisible contingent on Permits**
Nestled in the heart of the planned neighborhood center known as Miraleste Plaza on the East side of prestigious Rancho Palos Verdes, the Subject space, 20 Miraleste Plaza, has played an integral role in the community since the planning of the plaza itself by Frank A. Vanderlip Sr. as part of one of the 4 community districts he imagined for the undeveloped Palos Verdes Peninsula in the early 19th century. The strategic location of the East side of Rancho Palos Verdes has access to clientele within Rancho Palos Verdes itself, within the adjacent gated City of Rolling Hills, as well as the nearby community of San Pedro, home to the world-famous Port of Los Angeles and host of the 2028 Olympic Games. While the plaza may look like a typical retail neighborhood center, it has served as a financial powerhouse for the local businesses, homeowners, schools & colleges since the 1980s. Resident top producing Realtor team has amassed near $1 Billion in residential sales. Previous banks in the subject space, notably Union Bank held an excess of $100MM in deposits. Strategic tenants located next door include mortgage brokers, an additional realty office, escrow company, etc. The Subject space was renovated in 2019 by Union Bank and has been only lightly used since. Other community-oriented traffic drivers within a ~10 min drive include UCLA's South Bay Campus, the prestigious City of Rolling Hills' Eastfield Gate, Mira Catalina Elementary School, Trump National Golf Course, Miraleste Intermediate School, LA County Fire Dept. Station 83 and the Miraleste Public Library only to name a few. The average single family residential home sale price in the City of Rancho Palos Verdes was ~$2.1MM & in the neighboring City of Rolling Hills is ~$3.7MM as of MLS YTD data for 2025.Unique aspects of the space include a walk-in safety deposit vault & a drive through at the rear of the space for lease, panoramic windows at reception with a partial Port of LA harbor view and a full 2019 build out for a retail bank.

Location

State CA

County Los Angeles

Area 167 - Pv Dr East

Zoning Retail/Office

Interior

Cooling Central Air, Dual

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Roof Type Spanish Tile

Total Parking Spaces 11

Building

Lot Description Landscaped

Story 2

Others

Security Features Prewired,Fire Detection System,Smoke Detector(s)

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CRMLS – RECore
Listed by Livia Pierson Coldwell Banker Residential Br 424-210-7741

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