824 1st St - Loft/Creative Space FOR SALE


Hermosa Beach, CA 90254
$6,000,000 USD
310-529-3199
824 1st St, Hermosa Beach, CA for Sale
$6,000,000 USD
Loft/Creative Space - FOR SALE
1/16
null | Request Cap Rate

824 1st St
Hermosa Beach, CA 90254


OVERVIEW

Location, Location, Location A unique opportunity for an outstanding new construction in Hermosa Beach with its coastal location and ocean views. 6 offices ranging from 500 -800 SF with private bathrooms, high ceilings, western facing decks from each office and direct spiral staircase access to ocean view decks to enjoy the blue waters of Southern California beaches and on-site street level secured parking with ADA parking and direct access elevator to all offices. Possible subdivision opportunity: project was entitled as commercial condos and the subdivision map recorded as well. Final steps are to complete the CC&R’s and Condo Plan for the ability to sell individual units or in tandem either now or in the future. The Property is in the affluent beach community of Hermosa Beach and just a few steps from Pacific Coast Highway (PCH); only 15 minutes from the LAX and easily accessible to the South Bay freeways including 405, 105 and 91

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$1,176 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

undefined, Office/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C3, Hermosa Beach

APN/PARCEL ID

4186-031-102

ASK ABOUT THIS PROPERTY

Mo Sharifiexp Realty of CaliforniaMore Info
310-529-3199

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Mo Sharifiexp Realty of CaliforniaMore Info
310-529-3199

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.