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Hermosa Courtyard 1332 Hermosa Ave

15,127 SF 100% Leased Retail Building Hermosa Beach, CA 90254 $12,500,000 ($826/SF) 4.75% Cap Rate

Mixed Use Properties California Hermosa Beach 1332 Hermosa Ave, Hermosa Beach, CA 90254

Investment Highlights

  • Prime Commercial Building in Downtown Hermosa Beach
  • Long Term Historical Occupancy by Legacy Tenants
  • Directly Adjacent to City-Owned Parking Lot
  • Steps to the Hermosa Beach Pier and Pacific Ocean
  • Tremendous Visibility at a Signalized Intersection

Attachments

Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,127 SF
Building Class
B
Year Built/Renovated
1954/1985
Price
$12,500,000
Price Per SF
$826
Cap Rate
4.75%
NOI
$593,750
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
1.24
Lot Size
0.28 AC
Zoning
HBC2
Frontage
122 FT on Hermosa Ave

Amenities

  • Restaurant
  • Signage
  • Signalized Intersection
1 of 1
Walk Score ®
Walker's Paradise (98)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Umami Burger
F45 Training, Inc.
Hennessey's Taverns
Bank of America
Citi
Chase
Starbucks
Kincaid's
U.S. Bank
The Habit Burger Grill

PROPERTY TAXES

Parcel Number 4183-013-069 Improvements Assessment $2,639,914
Land Assessment $7,082,709 Total Assessment $9,722,623

PROPERTY TAXES

Parcel Number
4183-013-069
Land Assessment
$7,082,709
Improvements Assessment
$2,639,914
Total Assessment
$9,722,623
(310) 567-1650

Contact

  • Listing ID: 32630106

  • Date on Market: 7/30/2024

  • Last Updated:

  • Address: 1332 Hermosa Ave, Hermosa Beach, CA 90254

More public record information on 1332 Hermosa Ave, Hermosa Beach, CA 90254

The Retail Property at 1332 Hermosa Ave, Hermosa Beach, CA 90254 is currently available for sale. Contact WestPac Partners for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Hermosa Courtyard | 1332 Hermosa Ave
(310) 567-1650 x

Hermosa Courtyard | 1332 Hermosa Ave

Mike Grannis

(310) 567-1650

(310) 567-1650

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