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824 1st St 5,100 SF Office Building Hermosa Beach, CA 90254 $8,375,520 CAD ($1,642.26 CAD/SF)
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 User
Property Type
Office
Property Subtype
Building Size
5,100 SF
Building Class
B
Year Built/Renovated
2001/2025
Price
$8,375,520 CAD
Price Per SF
$1,642.26 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,550 SF
Building FAR
0.90
Lot Size
0.13 AC
Zoning
C3, Hermosa Beach
Parking
12 Spaces (2.35 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Bus Line
- Controlled Access
- Concierge
- Conferencing Facility
- Fenced Lot
- Security System
- Signage
- Bicycle Storage
- Central Heating
- High Ceilings
- Direct Elevator Exposure
- Natural Light
- Partitioned Offices
- Reception
- Sky Terrace
- Outdoor Seating
- Air Conditioning
- Balcony
Walk Score®
Walker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 4186-031-102 | Improvements Assessment | $2,300,288 CAD |
| Land Assessment | $4,025,503 CAD | Total Assessment | $6,325,791 CAD |
PROPERTY TAXES
Parcel Number
4186-031-102
Land Assessment
$4,025,503 CAD
Improvements Assessment
$2,300,288 CAD
Total Assessment
$6,325,791 CAD
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