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    81 Pier Ave Hermosa Beach, CA 90254

    Sponsored
    For Sale
    $14,250,000

    Commercial Sale - Hermosa Beach, CA

    Property size:
    3,909 SF
    Days on Market:
    344
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 81 Pier Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    4183002015
    Size
    3,909 SF

    Building Details

    Year built
    1971
    Architectural style
    Other

    eXp Realty of California, Inc. (888) 584-9427 [email protected]

    Listing agent Brett Zebrowski (888) 584-9427 License #01313739

    Listing date Jan 27, 2025

    MLS# SB25019010 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hermosa Beach Landmark Commercial Property

    This Hermosa Beach landmark property, formerly the site of The First Bank of Hermosa Beach in the early 1900s, has undergone significant renovations over the years. Currently occupied by Citibank, the property is positioned as the first building encountered upon entering Hermosa Beach Pier Plaza. Pier Plaza is a pedestrian-friendly area featuring retail shops, beach boutiques, stores, dining establishments, eateries, and bars, in addition to the Hermosa Beach Pier. The Citibank building is considered a recognizable property in Hermosa Beach, noted for its historical significance, architecture, and frontage of 124 feet on Hermosa Avenue and 74 feet on Pier Avenue. Direct crosswalks lead to its doors, and it benefits from an estimated daily traffic of 25,000 cars. The property has a size of 3,909 square feet and is located in Hermosa Beach, CA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Citi Bank Citi ATM Atm Greenlife | Free Estimate ... Concrete Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hermosa Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.400291
    Latitude
    33.862322

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    FAQs

    What type of property is this?
    Bank - Landmark commercial property in Hermosa Beach Pier Plaza.
    Where is this bank located?
    The property is located at 81 Pier Ave Hermosa Beach, CA.
    What is the asking price?
    The asking price for this property is $14,250,000.
    What are key features of this property?
    This property features: - Landmark property with historical significance as the former First Bank of Hermosa Beach.; - Prime location at the entrance to Hermosa Beach Pier Plaza.; - **High visibility with 124' of Hermosa Ave frontage and 74' of Pier Ave frontage.**
    (310) 678-7158
    Request Owner's contact information
    81 Pier Ave Hermosa Beach, CA 90254
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    Hermosa Beach, CA 90254
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    81 Pier Ave Hermosa Beach, CA 90254
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