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Downtown Multi-Unit Retail Building
For Sale
Contact for pricing
Pending

1242-1248 Hermosa Ave, Hermosa Beach, CA 90254

Fully leased commercial building with four remodeled office/retail units totaling 9,551 SF in downtown Hermosa Beach.

Property Size9,551 SF
Days on Market127

Property Features for 1242-1248 Hermosa Ave

General Information

Standard status Pending
Size 9,551 SF
Property subtype Retail, Office
Occupancy 100%

Building Details

Year Renovated 2013
Tenancy Multi
Listing Agency: Chhabria Real Estate
Listed By: Neil Chhabria · License #CA 01821437
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 14 at 4:39AM

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 Chhabria Real Estate

Investment Insights

Based on property information with market context.

This fully leased commercial building features four separate units totaling 9,551 SF. The building was completely remodeled in 2013 with high-end finishes, and the current unit mix includes 3,401 SF, 3,182 SF, 1,168 SF, and 1,800 SF.

The property is located in downtown Hermosa Beach and is described as being only one block from the beach, with convenient access to the pier, beach, shops, and restaurants. It is also described as a high-traffic area with tourists and locals.

The asset offers a straightforward four-unit configuration suitable for an owner-occupant or an investor seeking a fully leased structure in a dense retail corridor.

Key Highlights

  • Fully leased commercial building with four separate units in downtown Hermosa Beach
  • 4‑unit total of 9,551 SF: 3,401 SF, 3,182 SF, 1,168 SF, and 1,800 SF
  • Completely remodeled in 2013 with high‑end finishes

Property Analytics

Current Use

Office Units

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,541
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 - Fully leased commercial building with four remodeled office/retail units totaling 9,551 SF in downtown Hermosa Beach.
Where is this office units located?
The property is located at 1242-1248 Hermosa Ave Hermosa Beach, CA.
What are key features of this property?
This property features: Fully leased commercial building with four separate units in downtown Hermosa Beach; 4‑unit total of 9,551 SF: 3,401 SF, 3,182 SF, 1,168 SF, and 1,800 SF; Completely remodeled in 2013 with high‑end finishes
(310) 902-7227 Call to check price and availability
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