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Four-Tenant Retail Building
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1242 Hermosa Ave, Hermosa Beach, CA 90254

Remodeled commercial storefront with net-leased occupancy in downtown Hermosa Beach, one block from the beach.

Property SizeContact for details
Days on Market143

Property Features for 1242 Hermosa Ave

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 30,000 vehicles/day

Building Details

Year Renovated 2013
Tenancy Multi
Listing Agency: RE/MAX Commercial & Investment Realty
Listed By: Steve Lampe · License #CA 01164364
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:59PM

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 RE/MAX Commercial & Investment Realty

Investment Insights

Based on property information with market context.

This storefront property contains four tenant spaces operated under net lease agreements. The building received a full remodel in 2013, providing a substantially updated physical foundation for its current retail configuration. Its street-facing placement supports exposure to both vehicle and pedestrian activity.

The property is located at 1242 Hermosa Ave in downtown Hermosa Beach, one block from the beach and near Hermosa Beach Pier, H2O Hermosa hotel, restaurants, and high-end retail outlets. Approximately 30,000 vehicles pass the property daily, while the surrounding population totals 25,000 within 1 mile and 155,000 within 3 miles. The average annual household income within the area is $149,500, a financial figure omitted from listing copy.

Key Highlights

  • Four tenants occupy the building under net lease agreements
  • Full remodel completed in 2013
  • Approximately 30,000 vehicles pass the property daily

Property Analytics

Current Use

SoHo Yoga Gym & Fitness Center Fernando's Clothing Store

Suggested Use

Top Pick Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Nursing Home Computer & Electronic Repair

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

Lease Details

30,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,541
Businesses Nearby
123k
Monthly Visits Nearby
Under-served
Demand for This Use

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Flower Delivery Hermosa Beach 65 pier ave, hermosa beach, ca 90254
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  • Brooke’s flowers redonda beach ca 1637 Stanford Ave, Redondo Beach, CA 90278
  • Floral Bottega Floral Bottega 2447 Pacific Coast Hwy, Hermosa Beach, CA 90254

Frequently Asked Questions

What type of property is this?
Storefront property - Remodeled commercial storefront with net-leased occupancy in downtown Hermosa Beach, one block from the beach.
Where is this storefront property located?
The property is located at 1242 Hermosa Ave Hermosa Beach, CA.
What are key features of this property?
This property features: Four tenants occupy the building under net lease agreements; Full remodel completed in 2013; Approximately 30,000 vehicles pass the property daily
More about this property
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