SOLD 03/27/2024
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Commercial sold for $7,900,000 in 247 days
1803 Pacific Coast Hwy Hermosa Beach, CA, 90254
Off the market Other
This North Hermosa Beach 28 Unit Apartment building is a great opportunity for Investors. 26 Units are One Bedroom One Bathroom, the other Two apartments are Two Bedroom One Bathroom. It is on a Huge approximately 18,500 Sq. foot lot. This A+ Location has a lot to offer being just a few short blocks to Downtown for Great Entertainment, Shopping and Fine Dining Restaurants. Not to mention the Pristine Beaches that Hermosa offers along with the Bike path and Greenbelt. The Complex has 28 Covered Carport Parking spaces, an in-ground swimming pool and on site Laundry facility. Hermosa Beach also offers an Award winning Public School District.
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Property details
13,008 sqft interior area
Land area
18,559 sqft (0.43 acres)
Address
1803 Pacific Coast Hwy, Hermosa Beach, CA, 90254
City of California
Hermosa Beach
County
Los Angeles
Year Built
1963
District
Listing
Nearby major retailers
Costco
Walmart Neighborhood Market
Toyota
T-Mobile
Trader Joe's
Whole Foods Market
Wholesale: 1
Supermarket: 10
Car: 1
Mobile phone: 5
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Listed by
Janet Mchugh, Janet McHugh, Broker
Name
Janet Mchugh
License number
01000096
Brokerage company
Janet McHugh, Broker
MLS #
CRSB23136875
Buyer agent
Name
John Stiegler Ii
Brokerage company
Lyon Stahl Investment Real Estate, Inc.
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Mortgage
$24,255
Taxes
$0
HOA dues
$0
Mortgage
$1,580,000 / 20%
2.28%
30 years
Your amount
$24,255 / month
Lot details
TMK #4184025013
Parcel nr.
4184025013
90254 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90254
45%
Families with children
National average: 39%
38%
Non family households
342,934
Population
$135,765
Average Income
Age & gender
Median age 41 years
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Commute types
84% commute by car
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Education level
36% have bachelor education
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Number of employees
2% work in management
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Vehicles available
46% have 2 vehicle
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Vehicles by gender
46% have 2 vehicle
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Housing market insights for
$2.01m
Neighborhood average
sales price*
sales price*
$1.65m
Neighborhood median
sales price*
sales price*
501
Number
of sales*
of sales*
Housing type
52% are single detacheds
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Rooms
37% of the houses have 4 or 5 rooms
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Bedrooms
61% have 2 or 3 bedrooms
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Owners vs Renters
54% are owners
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19.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Mar 27, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 27, 2024 | Sold | $7,900,000 | 0 | Public Record |
| Mar 27, 2024 | Price Decrease | $7,900,000 -28.18% | 0 | MLS #CRSB23136875 |
| Jan 30, 2024 | Pending | $10,999,000 | 0 | MLS #CRSB23136875 |
| Aug 20, 2023 | Under contract | $10,999,000 | 0 | MLS #CRSB23136875 |
| Jul 25, 2023 | New Listing | $10,999,000 | 0 | MLS #CRSB23136875 |
Taxes of 1803 Pacific Coast Hwy, Hermosa Beach, CA, 90254
HBR3 zoning / MLS #CRSB23136875
Zoning
HBR3
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Frequently Asked Questions about 1803 Pacific Coast Hwy
What is 1803 Pacific Coast Hwy?
1803 Pacific Coast Hwy is a Commercial/Industrial propertywith 13,008 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1803 Pacific Coast Hwy, Hermosa Beach, CA, 90254.
What comparable properties are nearby?
Comparable nearby commercial properties include 1731 Pacific Coast Hwy, 1401 Hermosa Ave, 1242 Hermosa Ave, 824 1st St, 901 N Pacific Coast, 2705 N Sepulveda Blvd.
Based on information from the bridgeMLS as of 04-28-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 28, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Vons 2110, 0.13 miles away and Lazy Acres, 0.28 miles away.
The 90254 zip area has a population of 342,934, and 45% of the families have children. The median age is 41.22 years and 84% commute by car. The most popular housing type is "single detached" and 54% is owner.
