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Map
$7,657,988*
●
Commercial -
Off Market
1630 Pacific Coast Highway
Hermosa Beach, CA 90254
Studio
0 Bath
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.
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 |
Show More
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/20/2018
|
|
Loft
|
-
|
7500 ft²
|
$9,500,000
Loft
-
7500 ft²
|
-
-
|
-
|
Jonathan Coleman
Real Estate West, Inc.
|
Building Info
1630 Pacific Coast Highway
1630 Pacific Coast Highway, Hermosa Beach, CA 90254