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1630 Pacific Coast Highway

Hermosa Beach, CA 90254
  • $6,995,000
  • STATUS: Active
  • ON SITE: 1407 Days
  • ID#: SB18015725
UPDATED: 58 min ago
$6,995,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,500
    SQFT
  • $933
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1958
County:

School Ratings & Info

Listing provided courtesy of Jonathan Coleman of Real Estate West, Inc.

Description

Large freestanding building in a very high profile location with great visibility. 204 ft X 100 ft corner lot with 204 ft frontage on Pacific Coast Highway. This is the prime commercial development opportunity located in the heart of Hermosa Beach. Existing 7,500 sq.ft. retail building on a 20,400 sq.ft. commercial land parcel. Can occupy as an owner/user or purchase as a leased investment. Existing income stream will help support entitlement expenses while working on a future development. The property is very close to the downtown commercial district, the Pier and the Oceanfront the 405 Freeway and LAX; Ideal year-round climate; Excellent demographics. Freestanding Retail Building has Over 120 of Window Frontage and 204 of Street Frontage. 16 On Site Parking Plus Street Parking. 53,000 Motorists Per Day on Pacific Coast Highway. C-3 General Commercial Zoning will allow retail, office, restaurants, service & hospitality among many others. Future development feasibility study available for review.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-30T08:23:56.3. 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 deemed reliable but is not guaranteed accurate by the MLS or Fox Real Estate Team | HomeSmart Realty West. Licensed in the State of California, USA.
www.thefoxfactor.com/homes/80153192
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1630 Pacific Coast Highway Hermosa Beach, CA 90254

  • Price: $6,995,000
  • Status: Active
  • On Site: 1407 Days
  • Updated: 58 min ago
  • ID#: SB18015725
0
Beds
0
Baths
0
½ Baths
0.46
Acres
7,500
SQFT
$933
$/SQFT
1958
Built
Neighborhood:
150 - Hermosa Bch East
County:
Los Angeles
Area:
150 - Hermosa Bch East
Property Description
Large freestanding building in a very high profile location with great visibility. 204 ft X 100 ft corner lot with 204 ft frontage on Pacific Coast Highway. This is the prime commercial development opportunity located in the heart of Hermosa Beach. Existing 7,500 sq.ft. retail building on a 20,400 sq.ft. commercial land parcel. Can occupy as an owner/user or purchase as a leased investment. Existing income stream will help support entitlement expenses while working on a future development. The property is very close to the downtown commercial district, the Pier and the Oceanfront the 405 Freeway and LAX; Ideal year-round climate; Excellent demographics. Freestanding Retail Building has Over 120 of Window Frontage and 204 of Street Frontage. 16 On Site Parking Plus Street Parking. 53,000 Motorists Per Day on Pacific Coast Highway. C-3 General Commercial Zoning will allow retail, office, restaurants, service & hospitality among many others. Future development feasibility study available for review.
Exterior Features

Construction Materials DrywallFrameConcretePlasterSee RemarksSteel Fencing None Lot Features Rectangular LotStreet Level Open Parking Spaces 16 Parking Total 16 Roof CompositionElastomericFlat Sign On Property YN Yes

Interior Features

Cooling None Cooling YN No Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Business Type Retail Common Interest None Current Financing None Electric Standard Gross Scheduled Income 240000 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 20000 Number Of Units Leased 1 Property Sub Type Retail Special Listing Conditions Standard Water Source Public Zoning Hbc3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-30T08:23:56.3. 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 deemed reliable but is not guaranteed accurate by the MLS or Fox Real Estate Team | HomeSmart Realty West. Licensed in the State of California, USA.
 
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Fox Real Estate Team | HomeSmart Realty West
300 Carlsbad Village Drive #217
Carlsbad CA, 92008
Listing provided courtesy of Jonathan Coleman of Real Estate West, Inc.