First Team Real Estate Logo

Hermosa Beach, CA 90254 1401 Hermosa Avenue

$5,900,000

1401 Hermosa Avenue Hermosa Beach, Ca - Image 11401 Hermosa Avenue Hermosa Beach, Ca - Image 21401 Hermosa Avenue Hermosa Beach, Ca - Image 3
6 more
1401 Hermosa Avenue Hermosa Beach, Ca - Image 41401 Hermosa Avenue Hermosa Beach, Ca - Image 51401 Hermosa Avenue Hermosa Beach, Ca - Image 61401 Hermosa Avenue Hermosa Beach, Ca - Image 71401 Hermosa Avenue Hermosa Beach, Ca - Image 81401 Hermosa Avenue Hermosa Beach, Ca - Image 91401 Hermosa Avenue Hermosa Beach, Ca - Image 10
Presented By: Anand Chhabria with Chhabria Real Estate Company; anand@chhabriare.com
  • MLS# SB24021212
  • 01/30/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 4,675

Home Details

Exclusive stand-alone commercial building in Downtown Hermosa Beach! The 4,675 square feet of useable space the building offers is conveniently located one block from the beach. The building has been fully renovated, undergoing a down-to-the-studs remodel in 2020. It has a total of 5 single level street-facing units and is zoned HBC2YY. The building serves as a great investment opportunity and a real estate gem to add to your portfolio. It is surrounded by restaurants, shops, and hotel accommodations while being located only 2 blocks North of the Hermosa Beach Pier. With only a finite amount of commercial real estate available in Downtown Hermosa Beach, this building is a luxury you cannot afford to miss out on!
Presented By: Anand Chhabria with Chhabria Real Estate Company; anand@chhabriare.com

Interior Features for 1401 Hermosa Avenue

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 1401 Hermosa Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.2
Carport Y/NNo
CityHermosa Beach
CountyLos Angeles
Days on Market
DirectionsHermosa Avenue >14th Street
Garage Y/NNo
HOA / Comm AssnNo
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5743.0
MLS Area148 - Hermosa Bch Sand
MaintenanceExpense3200.0
MobileHomeRemainsYNNo
Net Operating Income189389.79
New ConstructionNo
Number of Units Leased5
Occupancy DescriptionTenant
Operating Expense109600.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat
Security FeaturesSecuritySystem, CarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameHermosa
Total Units5
Trash Expense3600.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/NNo
Waterfront FeaturesBeachAccess, OceanAccess
Waterfront Y/NNo
Year Built1956
ZoningHBC2YY

Exterior for 1401 Hermosa Avenue

Building Area Total4675.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions60' x 95'
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1318
Lot Size Area5743.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
LotDimensionsSourceAssessor
Number of Buildings2
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $5,900,000
MLS#SB24021212
List Date 01/30/2024
Property Type Commercial
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 1401 Hermosa Avenue

Ask A Question

CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors