This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Hermosa Courtyard 1332 Hermosa Ave

15,127 SF 93% Leased Retail Building Hermosa Beach, CA 90254 £9,862,500 (£652/SF) 4.75% Net Initial Yield

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

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
£9,862,500
Price Per SF
£652
Net Initial Yield
4.75%
NOI
£468,469
Percent Leased
93%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
9 ft
Building FAR
1.24
Land Acres
0.28 AC
Zoning
HBC2
Frontage
122 ft on Hermosa Ave

Amenities

  • Restaurant
  • Signage
  • Signalised Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 14
  • 1,100 SF
  • Office
  • -
  • Now

Located in the heart of Downtown Hermosa Beach within walking distance to several amenities: Restaurants, Boutique Fitness Studios, Retail Shops and across from the Public Parking Structure Bright open space with an ocean view, skylights, hard wood floors, and kitchen Shower located in unit for afternoon workouts on the beach.

Space Size Space Use Position Available
14 1,100 SF Office - Now

14

Size
1,100 SF
Space Use
Office
Position
-
Available
Now

14

Size 1,100 SF
Space Use Office
Position -
Available Now

Located in the heart of Downtown Hermosa Beach within walking distance to several amenities: Restaurants, Boutique Fitness Studios, Retail Shops and across from the Public Parking Structure Bright open space with an ocean view, skylights, hard wood floors, and kitchen Shower located in unit for afternoon workouts on the beach.

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.®

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

PROPERTY TAXES

Parcel Number
4183-013-069
Land Assessment
£5,595,411
Improvements Assessment
£2,085,558
Total Assessment
£7,680,969
  • Listing ID: 32630106

  • Date on Market: 30/07/2024

  • Last Updated:

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

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}