2447 Pacific Coast HwyHermosa Beach, CA 90254

Property Details for 2447 Pacific Coast Hwy

Year built

1985

Construction

TILT-UP CONCRETE

Lot size

0.35 AC

Property size (Sq ft)

24,954 SF

Zone code

HBC3*

Property type

Office properties

Property subtype

Office buildings

APN

4184-020-018

APU

4184020018

Description

This Class A office building in Hermosa Beach, California, offers a diverse range of workspace solutions. Located at 2447 Pacific Coast Highway, 2nd Floor, 90254, this 12,590 square foot building boasts 350 suites, providing flexibility for businesses of all sizes. Currently, 5,970 square feet are available for lease, with minimum divisible space starting at 10 square feet and maximum contiguous space up to 1,300 square feet. The building features modern amenities, including elevators, and underwent a complete renovation in 2019. The property caters to various business needs, encompassing executive office suites, coworking spaces, and creative office layouts, suitable for professional and traditional office settings. Its prime location in Los Angeles County provides easy access to the vibrant Hermosa Beach community and its surrounding areas. The building's multiple tenancy structure allows for a diverse tenant mix, creating a dynamic and collaborative work environment. This exceptional property presents a unique opportunity to establish a presence in a highly desirable coastal location. Inquire today to explore the available spaces and tailor a solution to meet your specific business requirements.

• CAP approach

  CAP return

  Valuation

  6%

  $7,414,272

  6.5%

  $6,843,944

  7%

  $6,355,091

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,020,402

  Geo Method

  $6,020,402

• Alternative Use

  Use

  Valuation

  Residential

  $8,486,490

  Hospitality

  $7,773,580

  Educational

  $6,467,527

  Medical

  $6,689,955

  Retail

  $10,060,598

Location Insight

City

Hermosa Beach

County

Los Angeles

State

California

Latitude

33.8716

Longitude

-118.395

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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