See Home Value
$127,912*
Commercial - Off Market

337 Pier Ave.

Hermosa Beach, CA 90254
bedrooms
Studio
bathrooms
0 Bath
$90,000 - $100,000
Reference Base Price*
42.12%
Since May 1, 2020
CA-Los Angeles
Primary Model

About This Property

Turn key beach side restaurant located in the central commercial corridor of Hermosa Beach on Pier Ave. within three blocks of the beach. The property is surrounded by high end residential developments and flourishing boutique stores, professional offices and restaurants. A beach community known for it's multiple events throughout the year celebrating the lifestyle of living at the beach from surfing contest, volleyball tournaments, festivals, concerts and movies on the beach. The 1,900 sf restaurant is fully furnished with seating for 79, a well equipped kitchen, upgraded plumbing, electrical and gas lines as well as two ADA approved bathrooms. There is a CUP in place for a beer and wine license along with all the local agency approvals for a restaurant. The lease has a base rent of $7,500 NNN with two 5 yr. options to renew. Net fees are $780 p/m and there is a landlord food allowance for $750 p/m. Easy access - please call listing agent for details.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1946

Price History

Date / Event Date Event Price
Apr 7, 2020 No longer available -
No longer available
Dec 20, 2019 Price Decreased $90,000
↓ $70K (43.8%)
Price Decreased
Sep 15, 2019 Price Decreased $160,000
↓ $85K (34.7%)
Price Decreased
Jun 26, 2019 Listed $245,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190626
06/26/2019
Studio
-
-
$245,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

337 Pier Avenue 337 Pier Avenue, Hermosa Beach, CA 90254
More about this Building
337 Pier Avenue
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About Hermosa Beach


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