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824 1st St Hermosa Beach, CA, 90254
$6,000,000 Commercial for sale Office
A unique opportunity for an outstanding new construction in Hermosa Beach with its coastal location and views. Multiple offices ranging in size with private bathrooms, high ceilings, western facing decks from each office and direct spiral staircase access to ocean view decks to enjoy the blue waters of Southern California beaches and on-site street level secured parking with ADA parking and direct access elevator to all offices. Possible subdivision opportunity; project was entitled as commercial condos and the subdivision map recorded as well. Final steps are to complete the CC&R’s and Condo Plan for the ability to sell individual units or in tandem either now or in the future.
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Property details
4,700 sqft interior area
Land area
5,122 sqft (0.12 acres)
Days on Verhouse
959
Address
824 1st St, Hermosa Beach, CA, 90254
City of California
Hermosa Beach
County
Los Angeles
Previous price
$6,299,000
Parking Spaces
12
District
Listing
Nearby major retailers
Costco
Lowe's
Walmart Neighborhood Market
Toyota
T-Mobile
Trader Joe's
Whole Foods Market
Wholesale: 2
Do it yourself: 1
Supermarket: 10
Car: 1
Mobile phone: 5
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Interior Features
12 parking places
Utilities Included
Other
Listed by
Mohammad Sharifi, eXp Realty of California Inc
Name
Mohammad Sharifi
License number
01459498
Brokerage company
eXp Realty of California Inc
MLS #
CRSB21031956
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Calculate your monthly payments
Mortgage
$18,422
Taxes
$0
HOA dues
$0
Mortgage
$1,200,000 / 20%
2.28%
30 years
Your amount
$18,422 / month
Lot details
TMK #4186031102
Parcel nr.
4186031102
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
—
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
44%
Families with children
National average: 39%
39%
Non family households
380,302
Population
$134,279
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
45% have 2 vehicle
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Vehicles by gender
45% have 2 vehicle
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Housing market insights for
$1.97m
Neighborhood average
sales price*
sales price*
$1.59m
Neighborhood median
sales price*
sales price*
529
Number
of sales*
of sales*
Housing type
49% are single detacheds
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Rooms
38% 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
53% are owners
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16.67 / 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
Price Decrease Dec 16, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Dec 16, 2023 | Price Decrease | $6,000,000 -4.75% | 0 | MLS #CRSB21031956 |
| Sep 27, 2021 | New Listing | $6,299,000 | 0 | MLS #CRSB21031956 |
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Frequently Asked Questions about 824 1st St
What is 824 1st St?
824 1st St is a Commercial/Industrial propertywith 4,700 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
824 1st St, Hermosa Beach, CA, 90254.
What comparable properties are nearby?
Comparable nearby commercial properties include 908 Manhattan Ave, 1242 Hermosa Ave, 1401 Hermosa Ave, 47 21st Ct, 220 S Pacific Coast Hwy, 717 S Pacific Coast.
Based on information from the bridgeMLS as of 05-12-2024. 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: May 02, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Smart & Final Plus, 0.24 miles away and Vons 2108, 0.55 miles away.
The 90254 zip area has a population of 380,302, and 44% of the families have children. The median age is 41.38 years and 84% commute by car. The most popular housing type is "single detached" and 53% is owner.
