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New Construction Office with Ocean Views
For Sale
$6,000,000

824 1st Street, Hermosa Beach, CA 90254

New construction office space in Hermosa Beach with ocean views.

Property Size4,700 SF
Lot Size0.12 Acres
Price / SF$1,276
Days on Market1775

Property Features for 824 1st Street

General Information

Standard status Active
Size 4,700 SF
Lot size 0.12 Acres
Property subtype Commercial/Industrial
Listing Agency: eXp Realty of California Inc
Listed By: Mohammad Sharifi · License #01459498
Source: Exitrealty
Added: Sep 27, 2021 Changed: Jul 6 Last Checked: Aug 6 at 4:42AM

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 eXp Realty of California Inc

Investment Insights

Based on property information with market context.

This property presents a new construction opportunity in Hermosa Beach, benefiting from a coastal location and views. The property includes multiple offices of varying sizes, each featuring private bathrooms and high ceilings. Western-facing decks are accessible from each office, along with direct spiral staircase access to ocean view decks. On-site street-level secured parking is available, including ADA parking, with direct elevator access to all offices. The property offers a possible subdivision opportunity, having been entitled as commercial condos with a recorded subdivision map. Final steps involve completing the CC&Rs and Condo Plan, enabling the sale of individual units or in tandem, either now or in the future. The building has a total size of 4700 square feet.

Key Highlights

  • New construction in Hermosa Beach with coastal location and ocean views.
  • Multiple offices with private bathrooms and western‑facing decks.
  • Direct spiral staircase access to ocean view decks.

Property Analytics

Current Use

Hermosa Haulings And Junk ... Trucking Company

Suggested Use

Top Pick Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Electrical Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,940
Businesses Nearby

Demographics for 90254, CA

19,736
Population
10,454
Households
1.9
Avg Household Size
40
Median Age
77%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
14,097
Density / Sq Mi
$152,019
Median Household Income
$104,385
Median Earnings
$2,812
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - New construction office space in Hermosa Beach with ocean views.
Where is this office units located?
The property is located at 824 1st Street Hermosa Beach, CA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: New construction in Hermosa Beach with coastal location and ocean views.; Multiple offices with private bathrooms and western‑facing decks.; Direct spiral staircase access to ocean view decks.
More about this property
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