824 1st Street Hermosa Beach, CA ^$ 6,000,000

824 1st Street

^$ 6,000,000

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824 1st Street

Hermosa Beach, CA, 90254

^$ 6,000,000

Studio Baths0.0 Sq 4,700

Monthly Estimate*

^$ 41,912

Listed by eXp Realty of California Inc

824 1st Street, Hermosa Beach, CA 90254 - Image 1

824 1st Street, Hermosa Beach, CA 90254 - Image 2

824 1st Street, Hermosa Beach, CA 90254 - Image 3

Studio

Commercial Property for sale in Hermosa Beach, CA

for $6,000,000. This 4,700 square foot building was built on a lot size of 0.1176.

A unique opportunity for an outstanding new construction in Hermosa Beach with its coastal location and views. Multiple offices ranging in size with private bathrooms, high ceilings, western facing decks from each office and direct spiral staircase access to ocean view decks to enjoy the blue waters of Southern California beaches and on-site street level secured parking with ADA parking and direct access elevator to all offices. Possible subdivision opportunity; project was entitled as commercial condos and the subdivision map recorded as well. Final steps are to complete the CC&R’s and Condo Plan for the ability to sell individual units or in tandem either now or in the future.

Commercial Active

Price

^$ 6,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Office

Lot Size

0.1176

Town/City

Hermosa Beach

County/Region

Los Angeles

MLS | Web ID

SB21031956

Days on Market

966

Features

General

Heating Central

Cooling CentralAir

Utilities ElectricityAvailable NaturalGasAvailable SewerAvailable WaterAvailable

Property SubType Office

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions From Pacific Coast Hwy turn east on 1st street.

City Hermosa Beach

View Y/N N

Senior Community Y/N N

MLS Area 150 - Hermosa Bch East

Lot Size Square Feet 5122.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 1st

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 948

Building Area Units SquareFeet

Standard Status Active

Occupancy Type Vacant

Property Sub Type Additional Office

Exterior

Lot Features RectangularLot StreetLevel

Water Source Public

Total Parking 12.0

Lot Size Area 5122.0

Number of Buildings 1

Spa N

Building Area Total 4700.0

Lot Size Acres 0.1176

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Electric On Property Y/N N

Internal Only

Street Number 1 824

* Excluded Features

List By

Exp Realty Of California Inc

Broker

(310) 529-3199

Phone

Affordability Calculator

$41,912

Per Month

Monthly Principal & Interest: $41,912
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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

Trends
Schools

Commerical listings in Hermosa Beach, CA

Average List Price ^$4,382,369

Percent of Sale Price 27%

About Hermosa Beach, CA

19,507 Population

6% Since 2002

^$126,294 Median Income

40.13 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/10/2023	$6,000,000	-4.75%	Price Down
3/12/2023	$6,299,000		Listed Price

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824 1st Street, Hermosa Beach, CA, 90254 is a Commercial Property for sale at $6,000,000 with 4,700 sqft and a lot size of 0.1176. 824 1st Street is a studio with 0.0 baths. The property's zip code is 90254 which is in Hermosa Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/20/2024. 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.

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824 1st Street

Commercial Property for sale in Hermosa Beach, CA

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