81 Pier Avenue Hermosa Beach, CA $ 14,250,000
81 Pier Avenue
$ 14,250,000
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81 Pier Avenue

Hermosa Beach, CA, 90254
$ 14,250,000
Bedrooms1 Baths1.0 Sq 3,909

Monthly Estimate*

$ 99,541

Listed by Palm Realty Boutique, Inc.
81 Pier Avenue, Hermosa Beach, CA 90254 - Image 1
81 Pier Avenue, Hermosa Beach, CA 90254 - Image 2
81 Pier Avenue, Hermosa Beach, CA 90254 - Image 3
81 Pier Avenue, Hermosa Beach, CA 90254 - Image 4
81 Pier Avenue, Hermosa Beach, CA 90254 - Image 5
81 Pier Avenue, Hermosa Beach, CA 90254 - Image 6
81 Pier Avenue, Hermosa Beach, CA 90254 - Image 7
81 Pier Avenue, Hermosa Beach, CA 90254 - Image 8

Multi-Family Home for sale in Hermosa Beach, CA

for $14,250,000 with 1 bedroom and 1 full bath. This 3,909 square foot home was built in 1971 on a lot size of 0.1237.

Rare, Rare, Rare opportunity to own a Hermosa Beach Landmark Property. In the early 1900's, this location was home to The First Bank of Hermosa Beach and has seen major renovation over the years. Now, the current Citibank building is an amazing trophy property that is the first building to welcome you to the Hermosa Beach Pier Plaza. Pier Plaza is a pedestrian-friendly destination with retail shops, beach boutiques, chic stores, fine dining, casual eateries, cocktail bars and of the course the world famous Hermosa Beach Pier. It has been said that the Citibank building is the most recognizable property in Hermosa Beach with it's historical significance, timeless architecture, 124' of Hermosa Ave frontage, 74' of Pier Ave frontage, direct path crosswalks leading to it's doors and an estimated 25,000 cars passing by each day. This property is one of a kind and will not last. Don't miss your chance to own a piece of Hermosa Beach.

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Multi-Family Pending

Price

$ 14,250,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

MixedUse

Lot Size

0.1237

Year Built

1971

Town/City

Hermosa Beach

County/Region

Los Angeles

MLS | Web ID

SB23013969

Days on Market

473

Features
General
Sewer PublicSewer
Zoning HBC2YY
Garage Spaces 0.0
Pool Features None
Year Built 1971
Property SubType MixedUse
Gross Income 326722.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions N/W Corner of Hermosa Ave and Pier Ave
City Hermosa Beach
View Y/N N
Senior Community Y/N N
Total Units 1
MLS Area 148 - Hermosa Bch Sand
Lot Size Square Feet 5389.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Pier
Listing Terms Submit
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 157
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 29
Property Sub Type Additional MixedUse
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Exterior
Lot Features CornerLot
Water Source Public
Total Parking 0.0
Lot Size Area 5389.0
Number of Buildings 1
Spa N
Building Area Total 3909.0
Lot Size Acres 0.1237
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features None
Electric On Property Y/N N
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Internal Only
Street Number 1 81
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* Excluded Features
List By
Palm Realty Boutique, Inc.

Broker

(310) 678-7158

Phone

Affordability Calculator

$99,541
Per Month
100%
0%
0%
Monthly Principal & Interest
$99,541
Monthly Property Taxes
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Monthly 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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/26/2023$14,250,000 Listed Price

Map


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81 Pier Avenue, Hermosa Beach, CA, 90254 is a Multi-Family Home for sale at $14,250,000 with 3,909 sqft and a lot size of 0.1237. 81 Pier Avenue has 1 bedrooms, 1.0 baths, and was built in 1971. The property's zip code is 90254 which is in Hermosa Beach, CA