See Home Value
$11,791,786*
Commercial - Off Market

1242 Hermosa Avenue

Hermosa Beach, CA 90254
bedrooms
Studio
bathrooms
0 Bath
$7,200,000 - $8,798,000
Reference Base Price*
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model

About This Property

Beautiful commercial building with four units in prime location in downtown Hermosa Beach -- only one block from the beach! The building was completely remodeled in 2013 with high-end finishes. Total square footage increased to 9,551 SF comprised of four separate units: 3,401 SF, 3,182 SF, 1,168 SF and 1,800 SF. Great opportunity for owner/user or investment property in highly desirable area. High traffic area with tourists and locals -- walk to the pier, beach, shops and restaurants.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1924

Price History

Date / Event Date Event Price
Jul 10, 2019 No longer available -
No longer available
Apr 20, 2019 Price Increased $7,999,900
↑ $500K (6.7%)
Price Increased
Apr 4, 2019 Price Decreased $7,499,900
↓ $500K (6.3%)
Price Decreased
Feb 15, 2019 Price Decreased $7,999,900
↓ $1M (11.1%)
Price Decreased
Oct 22, 2018 Listed $9,000,000
Listed
Show More

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
9,551 ft²
$827/ft²
$7,899,000 Feb 7, 2023
-
-
House
5 Beds
5 Baths
3,709 ft²
$1,954/ft²
$7,249,000 Oct 12, 2023
-
-
House
4 Beds
3.5 Baths
3,843 ft²
$2,290/ft²
$8,800,000 Oct 13, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211021
10/21/2021
Loft
-
9551 ft²
$7,899,000
bedrooms
Loft
bathrooms
-
square feet
9551 ft²
-
-
-
Neil Chhabria
Chhabria Real Estate Company
20201029
10/29/2020
Loft
-
-
$7,999,999
bedrooms
Loft
bathrooms
-
-
-
-
-
20181022
10/22/2018
Studio
-
-
$9,000,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

1242 Hermosa Avenue 1242 Hermosa Avenue, Hermosa Beach, CA 90254
  • 1 Unit for Sale
More about this Building
1242 Hermosa Avenue
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About Hermosa Beach


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