840 Pacific Coast, Hermosa Beach, CA 90254

  • $2,300,000
  • $589
840 Pacific Coast, Hermosa Beach, CA 90254
  • Commercial Sale
  • Property Type
  • 1984
  • Year Built
For Sale
840 Pacific Coast, Hermosa Beach, CA 90254
  • $2,300,000
  • $589

Overview

Property ID: SGR-33285407
  • Commercial Sale
  • Property Type
  • 1984
  • Year Built

Description

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. Currently, the tenant is on a short-term lease set to expire on December 31, 2024. Additionally, the current rent rate is significantly below the market value, presenting an attractive opportunity for future growth.

  • Address 840 Pacific Coast
  • City Hermosa Beach
  • State/county CA
  • Zip/Postal Code 90254
  • Area 150 - Hermosa Bch East
  • Country United States

Details

Updated on July 15, 2024 at 7:33 am
  • Property ID: SGR-33285407
  • Price: $2,300,000
  • Land Area: 9593.00 m²
  • Year Built: 1984
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 3907.00
  • MLS#: SB24134834
  • Office Name: RE/MAX COMMERCIAL & INVESTMENT
  • Agent Name: Stephen Lampe
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01164364
  • IDX Contact Info: slampe@remaxcir.com

Additional details

  • Roof: Flat
  • Tax Annual: 24371.00
  • Tax Year: 2024
  • County: Los Angeles
  • Property SubType: Industrial
  • Water Source: Public

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