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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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