1060 Aviation Boulevard Hermosa Beach, CA 90254
4,000 SF updated office building in Hermosa Beach, CA.
Property Features for 1060 Aviation Boulevard
General Information
- Standard status
- Active
- Size
- 4,030 SF
Building Details
- Year Built
- 1947
Listing office FREDERICKS REALTY
Listing date May 2, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of FREDERICKS REALTY
Investment Insights
Based on property information with market context.
Key Highlights
- Large 4,000 sq ft updated office building in Hermosa Beach.
- C‑3 Zoning allows for a wide range of commercial possibilities.
- Two floors, each approximately 2,000 sq ft, providing ample space.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $154.8k | $38.40 |
| − Vacancy | −$37.3k | −$9.25 |
| EGI | $117.5k | $29.15 |
| − OpEx | −$29.4k | −$7.29 |
| NOI | $88.1k | $21.86 |
