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    430 Pacific Coast

    Hermosa Beach, CA 90254
    • $1,795,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: SB20221809
    UPDATED: 19 min ago
    $1,795,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,849
      SQFT
    • $630
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Has your business suffered since the dining room table became your new office? Are you storing so much inventory & equipment in the garage that your cars have been banished to the street? Having trouble concentrating now that your co-workers are toddlers and terriers?What you need is a new *office home* to replace your *home office.* And between an office with bathroom, a warehouse with a 10+GG rollup door to swallow big vehicles, two storefront-style front entrances and a central, west-facing location on a heavily-trafficked street, 430 Pacific Coast Hwy gives you +GG and your business +GG room to breathe and room to grow.This commercially-zoned stretch of PCH is home to a variety of highly-successful businesses, including restaurants, coffee shops, retail stores, drugstores, convenience stores and real estate brokerages. Since Pacific Coast Highway is the primary arterial of the Beach Cities (Manhattan Beach, Hermosa Beach and Redondo Beach), it+GGs by far the most coveted commercial address in the area. Your small business +GG whether it+GGs general contracting, retail or tech +GG can absolutely thrive and grow during a global pandemic, and 430 PCH has the location, space and amenities to let it do so. And you+GGll never step barefoot on a Lego at the office again.Note: Approximately 25% of the southwest side of the building is currently leased; the balance is available to lease or owner occupy. See offering memorandum for further information and property imagery.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T18:31:15.857. 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/111318950
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    430 Pacific Coast Hermosa Beach, CA 90254

    • Price: $1,795,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: SB20221809
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,849
    SQFT
    $630
    $/SQFT
    1962
    Built
    Neighborhood:
    150 - Hermosa Bch East
    County:
    Los Angeles
    Area:
    150 - Hermosa Bch East
    Property Description
    Has your business suffered since the dining room table became your new office? Are you storing so much inventory & equipment in the garage that your cars have been banished to the street? Having trouble concentrating now that your co-workers are toddlers and terriers?What you need is a new *office home* to replace your *home office.* And between an office with bathroom, a warehouse with a 10+GG rollup door to swallow big vehicles, two storefront-style front entrances and a central, west-facing location on a heavily-trafficked street, 430 Pacific Coast Hwy gives you +GG and your business +GG room to breathe and room to grow.This commercially-zoned stretch of PCH is home to a variety of highly-successful businesses, including restaurants, coffee shops, retail stores, drugstores, convenience stores and real estate brokerages. Since Pacific Coast Highway is the primary arterial of the Beach Cities (Manhattan Beach, Hermosa Beach and Redondo Beach), it+GGs by far the most coveted commercial address in the area. Your small business +GG whether it+GGs general contracting, retail or tech +GG can absolutely thrive and grow during a global pandemic, and 430 PCH has the location, space and amenities to let it do so. And you+GGll never step barefoot on a Lego at the office again.Note: Approximately 25% of the southwest side of the building is currently leased; the balance is available to lease or owner occupy. See offering memorandum for further information and property imagery.
    Exterior Features

    Fence YN No Fencing None Lot Features Level With Street Lot Size Dimensions 37.5 X 116 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Topography Rolling/Hilly Uncovered Spaces 4.00

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels YN No Anchors Co Tenants Vacant/Smoke Shop Asset Class Retail Building Area Units Square Feet Building Name Smoke Shop Building Status Existing Business Type Retail Cap Rate 5.20 Country Us Effective Gross 99000 Expense Year 2020 Gross Scheduled Income 99000.00 Industrial Type Warehouse/Office Investment Property YN Yes Land Lease YN No Land Use OfficeRetail Laundry Income 0.00 Laundry YN No Leasable Area Units Square Feet Lease Considered YN Yes Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 99000.00 Number Of Units Leased 1 Occupancy Vacant Other Income1 0.00 Property Sub Type Business Retail Square Footage 2849 Special Listing Conditions Standard Tax Annual Amount 23687.00 Tax Rate 1.25 Tax Year 2020 Total Monthly Rent 99000 Utilities Sewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Source Public Year Built Source Assessor Zoning C3

    Listing provided courtesy of Edward Kaminsky of Strand Hill Christies International Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T18:31:15.857. 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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