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Hermosa Beach 90254 Hermosa Beach
1630 Pacific Coast Highway
$7,657,988*
Commercial - Off Market

1630 Pacific Coast Highway

Hermosa Beach, CA 90254
bedrooms
Studio
bathrooms
0 Bath
square feet
7500 Sqft
$6,296,000 - $7,694,000
Reference Base Price*
9.48%
Since Jan 1, 2022
CA-Los Angeles
Primary Model

About This Property

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.

The manager has listed the unit size as 7500 square feet.
Unit Size
7,500Ft²
Days on Market
-
Land Size
-
Price per sqft
$933
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Dec 25, 2021 No longer available -
No longer available
Dec 15, 2021 In contract -
In contract
Sep 4, 2021 Price Decreased $6,995,000
↓ $1M (12.5%)
Price Decreased
Dec 22, 2019 Price Decreased $7,995,000
↓ $505K (5.9%)
Price Decreased
Aug 20, 2019 Relisted $8,500,000
Relisted
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3.5 Baths
5,082 ft²
$1,377/ft²
$6,999,000 Aug 11, 2022
-
-
House
6 Beds
4.5 Baths
4,492 ft²
$1,503/ft²
$6,750,000 Dec 6, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180120
01/20/2018
Loft
-
7500 ft²
$9,500,000
bedrooms
Loft
bathrooms
-
square feet
7500 ft²
-
-
-
Jonathan Coleman
Real Estate West, Inc.

Building Info

1630 Pacific Coast Highway 1630 Pacific Coast Highway, Hermosa Beach, CA 90254
More about this Building
1630 Pacific Coast Highway
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About Hermosa Beach


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