Hermosa Beach Mixed-Use
For Sale
$9,655,524
1220 Hermosa Avenue, Hermosa Beach, CA 90254
Mixed-use property near Pier Plaza with income and development potential.
Property Size7,930 SF
Lot Size0.18 Acres
Price / SF$1,217
Days on Market159
Property Features for 1220 Hermosa Avenue
General Information
Standard status
Active
Size
7,930 SF
Lot size
0.18 Acres
Property subtype
Retail
Listing Agency:
Kidder Mathews El Segundo
(310) 796-6229
Listed By:
Simon Mattox · License #01732008
(310) 796-6229
Source:
Cbre
Added: Mar 25
Changed: Aug 15
Last Checked: Aug 29 at 7:11AM
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 Kidder Mathews El Segundo
Investment Insights
Based on property information with market context.
This mixed-use property in Hermosa Beach features a building size of approximately 7,930 square feet and a land size of approximately 8,006 square feet. The property includes the RYLA Restaurant & Bar on the ground floor and mezzanine, along with three apartment units on the second floor. A parking lot parcel offers a future development opportunity. The property has four suites in total: one commercial and three apartments. The ownership is fee simple, including both land and building. The property is located steps from Pier Plaza, the pier, and the beach. The occupancy rate is 78%. Apartment B was intentionally left vacant by the ownership for personal use. Apartment C was recently vacated, and the ownership has elected to keep it vacant to provide the new buyer with maximum flexibility. Analysis assumes that the new buyer leases Units B & C at market rent in month 2 of hold.
Key Highlights
- Fee simple ownership of both land and building.
- Mixed‑use property featuring a restaurant/bar plus 3 apartments.
- Future development opportunity with the included parking lot parcel.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,541
Businesses Nearby
123k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Dining 31%
Groceries 30%
Apparel 2%
VONS
Groceries
37,151 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
13,295 visits/mo
0.5 miles
ARCO
Shops & Services
12,383 visits/mo
0.5 miles
The Habit Burger Grill
Dining
9,167 visits/mo
0.4 miles
Starbucks
Dining
7,049 visits/mo
0.5 miles
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 Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property near Pier Plaza with income and development potential.
Where is this mixed-use property located?
The property is located at 1220 Hermosa Avenue Hermosa Beach, CA.
What is the asking price?
The asking price for this property is $9,655,524.
What are key features of this property?
This property features: Fee simple ownership of both land and building.; Mixed‑use property featuring a restaurant/bar plus 3 apartments.; Future development opportunity with the included parking lot parcel.
