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824 1st St 5,100 sq ft Office Property Hermosa Beach, CA 90254 £4,512,635 (£884.83/sq ft)
INVESTMENT HIGHLIGHTS
- Recently Renovated
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Property Subtype
Property Size
5,100 sq ft
Costar Property Class
B
Year Built/Renovated
2001/2025
Price
£4,512,635
Price per sq ft
£884.83
Tenancy
Single
Number of Floors
2
Typical Floor Size
2,550 sq ft
Plot ratio
0.90
Total Plot Size
0.13 ac
Use Class
C3, Hermosa Beach
Parking
12 Spaces (2.35 Spaces per 1,000 sq ft Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Bus Route
- Controlled Access
- Concierge
- Conferencing Facility
- Fenced Lot
- Security System
- Signage
- Bicycle Storage
- Central Heating
- High Ceilings
- Lift Access
- Natural Light
- Partitioned Offices
- Reception
- Sky Terrace
- Outdoor Seating
- Air Conditioning
- Balcony
Walk Score®
Excellent pedestrian access (92)
PROPERTY TAXES
| Parcel Number | 4186-031-102 | Improvements Assessment | £1,215,530 |
| Land Assessment | £2,127,177 | Total Assessment | £3,342,707 |
PROPERTY TAXES
Parcel Number
4186-031-102
Land Assessment
£2,127,177
Improvements Assessment
£1,215,530
Total Assessment
£3,342,707
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824 1st St
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