Under contract

Active Under Contract

840 Pacific Coast

Hermosa Beach CA, 90254

$1,900,000


$486.31 per sqft

Under contract

Active Under Contract

3,907 sqft

Commercial

Built in 1984

Listed by Stephen Lampe with Re/Max Commercial & Investment [email protected]

Located in a prime spot on Pacific Coast Highway, this property offers excellent visibility, making it ideal for a variety of businesses. With a floor area ratio (F.A.R.) of 0.50 to 1.25 and a maximum height of 35 feet, the development potential is substantial. The C-3 zoning allows for a broad range of uses, including dental and medical offices, retail spaces, offices, and animal hospitals or veterinary clinics. The current rent rate is significantly below the market value, presenting an attractive opportunity for future growth. IMPORTANT - FOR LEASE TERM DETAILS CALL LISTING BROKER.

SB24134834

MLS ID

July 1, 2024

Listed

December 20, 2024

Updated

Map

840 Pacific Coast
Hermosa Beach CA, 90254

Interior Features

Total Stories

2


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

Corner Lot, Rectangular Lot, Rolling Slope


Roof

Flat

Other Property Details

Area Name

150 - Hermosa Bch East


Taxes

$20,133


Tax Frequency

Annually


Days on Market

171


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

C3

Listing History

Date

Event

Price

12/20/2024

Under contract

10/25/2024

Active

10/25/2024

Under contract

9/13/2024

Price change

$1,900,000

-90%

9/3/2024

Price change

$19,000,000

726%

Listing Contact: 310 802-2500 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/20/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/20/2024 at 9:08 AM UTC

 

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