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316 Tejon
Bought with Jason Sikola with Estate Properties and Listed by Juan Huizar CA DRE# 01417642 with Sage Real Estate Group, Inc. 562-307-0838
$3,400,000

316 Tejon

7,936 Sq.Ft. 0.42 Acres

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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Location

316 Tejon, Palos Verdes Estates, CA 90274

Status

Sold

Date Sold

April 17, 2026
Jason Sikola

Jason Sikola

TITLE

Real Estate Advisor

Property Amenities

Interior
Laundry room None
Area & Lot
Total area 7,936 Sq.Ft.
Lot Area 0.42 Acres
Living area 7,936 Sq.Ft.
MLS® ID PW26048904
Year Built 1956
Type Commercial
Status Sold
Exterior
Stories 2
Air conditioning Central Air
Heat type Forced Air
Water Source Public
Lot Features 0-1 Unit/Acre
Roof Flat, Spanish Tile
Finance
Sales Price $3,400,000

Palos Verdes Estates

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