30 Hermosa AveHermosa Beach, CA 90254

Property Details for 30 Hermosa Ave

Year built

2006

Construction

TILT-UP CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

850 SF

Zone code

HBC1*

Property type

Retail properties

Property subtype

Retail space

APN

4188-014-096

APU

4188014096

Description

This exceptional 2,390 square foot creative office condo, located at 30-34-44 Hermosa Ave in Hermosa Beach, CA 90254, presents a unique investment opportunity. Built in 2006, this Class B, two-story building offers a traditional office layout within a mixed-use residential and office setting. The property boasts eight dedicated parking spaces located at the rear. Enjoy the convenience of a shower, perfect for those early morning surf sessions. The high ceilings and polished concrete floors contribute to the building's modern aesthetic. The prime location offers unparalleled branding opportunities with highly visible building signage. Situated just steps from the beach, The Strand, and various beach activities, this property provides exceptional access to the vibrant Hermosa Beach lifestyle. The property sits on a 7,210-acre lot and is zoned HBC1. The asking price is $2,995,000, translating to $1,253.14 per square foot. The APN is 4188-014-096 :4188-014-095: 4188-014-094. This is a multi-tenant building, ideal for an owner/user seeking a prominent location with high visibility and immediate access to the beach. The attractive glass front adds to the building's curb appeal. Don't miss this rare opportunity to own a thriving business in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $371,248

  6.5%

  $342,691

  7%

  $318,213

• Comparable approach

  Method

  Valuation

  Relative Method

  $516,779

  Geo Method

  $516,779

• Alternative Use

  Use

  Valuation

  Residential

  $289,073

  Hospitality

  $264,789

  Educational

  $220,301

  Medical

  $227,878

  Retail

  $342,691

Location Insight

City

Hermosa Beach

County

Los Angeles

State

California

Latitude

33.8533

Longitude

-118.397

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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