1630 Pacific Coast Highway

    Hermosa Beach, CA 90254
    • $7,995,000
    • STATUS: Active
    • ON SITE: 852 days
    • ID#: SB18015725
    UPDATED: 43 min ago
    $7,995,000
    • 0
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,500
      SQFT
    • $1,066
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Large feestanding building in a very high profile location with great visibility. 200 ft X 100 ft corner lot with 200 ft frontage on Pacific Coast Highway. This is the prime commercial development opportunity located in the heart of Hermosa Beach. Existing 7,520 SF retail building on a 20,000+ sq.ft. commercial land parcel. Can also occupy as owner/user or purchase as leased investment. Existing income stream to help support entitlement expenses. Within walking distance of Hermosa Beach Pier and Oceanfront, The property is very close to the downtown district, the beach, the 405 Freeway and LAX; Ideal year-round climate; Excellent demographics. Freestanding Retail Building has Over 120+GG of Window Frontage and 204+GG of Street Frontage. 16 On Site Parking Plus Street Parking. 53,000 Motorists Per Day on Pacific Coast Highway. Zoning: Special Planning Area 8 - Allows all commercial uses as those permitted in the C-3 General Commercial zone. This is the broadest commercial zone in Hermosa Beach. Allowed uses include retail, office, restaurants, service & hospitality among many others. Future development feasibility study available for review. Listing agent is owner of the property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-24T21:25:06.123. 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 The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

    www.isabelvelez.com/homes/80153192

    1630 Pacific Coast Highway Hermosa Beach, CA 90254

    • Price: $7,995,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: SB18015725
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    7,500
    SQFT
    $1,066
    $/SQFT
    1958
    Built
    Neighborhood:
    150 - Hermosa Bch East
    County:
    Los Angeles
    Area:
    150 - Hermosa Bch East
    Property Description
    Large feestanding building in a very high profile location with great visibility. 200 ft X 100 ft corner lot with 200 ft frontage on Pacific Coast Highway. This is the prime commercial development opportunity located in the heart of Hermosa Beach. Existing 7,520 SF retail building on a 20,000+ sq.ft. commercial land parcel. Can also occupy as owner/user or purchase as leased investment. Existing income stream to help support entitlement expenses. Within walking distance of Hermosa Beach Pier and Oceanfront, The property is very close to the downtown district, the beach, the 405 Freeway and LAX; Ideal year-round climate; Excellent demographics. Freestanding Retail Building has Over 120+GG of Window Frontage and 204+GG of Street Frontage. 16 On Site Parking Plus Street Parking. 53,000 Motorists Per Day on Pacific Coast Highway. Zoning: Special Planning Area 8 - Allows all commercial uses as those permitted in the C-3 General Commercial zone. This is the broadest commercial zone in Hermosa Beach. Allowed uses include retail, office, restaurants, service & hospitality among many others. Future development feasibility study available for review. Listing agent is owner of the property.
    Exterior Features

    Construction Materials ConcreteDrywall WallsFramePlasterSee RemarksSteel Fence YN No Fencing None Lot Features Level With StreetLot 20000-39999 SqftRectangular Lot Lot Size Dimensions 200 Ft X 100 Ft Lot Size Source Assessor Lot Size Units Square Feet Parking Total 16.00 Roof CompositionElastomericFlat

    Interior Features

    Condo Area Units Square Feet Cooling None Cooling YN No Heating Central Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels YN No Asset Class Retail Building Area Units Square Feet Building Status Existing Business Type Retail Country Us Electric Standard Expense Year 0 Gross Scheduled Income 240000.00 Land Use OfficeOtherRetail Laundry YN No Leasable Area Units Square Feet Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 20000.00 Number Of Units Leased 1 Occupancy Occupied Property Sub Type Retail Special Listing Conditions Standard Water Source Public Year Built Source Assessor Zoning Hbc3yy

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


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-24T21:25:06.123. 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 The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

     
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