840 Pacific Coast, Hermosa Beach, CA 90254
- $2,300,000
- $589
- $2,300,000
- $589
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
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Address: 840 Pacific Coast
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City: Hermosa Beach
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State/county: CA
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Zip/Postal Code: 90254
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Area: 150 - Hermosa Bch East
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Country: United States
Details
Updated on July 15, 2024 at 7:33 am-
Property ID SGR-33285407
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Price $2,300,000
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Land Area 9593.00 m²
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Year Built 1984
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Property Type Commercial Sale
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Property Status For Sale
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Living Area 3907.00
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MLS# SB24134834
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Office Name RE/MAX COMMERCIAL & INVESTMENT
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Agent Name Stephen Lampe
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01164364
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IDX Contact Info slampe@remaxcir.com
Additional details
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Roof Flat
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Tax Annual 24371.00
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Tax Year 2024
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County Los Angeles
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Property SubType Industrial
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Water Source Public
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