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New Hermosa Beach Office Condos
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824 1st St, Manhattan Beach, CA 90266

New construction office condos in Hermosa Beach with ocean views.

Property Size4,800 SF
Price / SF$1,250
Days on Market1991

Property Features for 824 1st St

General Information

Standard status Active
Size 4,800 SF
Class B
Property subtype Office
Zoning Commercial office
Lease Type NNN
Investment Type Redevelopment

Building Details

Year Built 1979
Year Renovated 2022
Buildings 1
Stories 2
Units 6
Listing Agency: Caskey Commercial Real Estate Group
Listed By: Mo Sharifi · License #CA 1459498
Source: Crexi
Added: Mar 25, 2021 Changed: Sep 3 Last Checked: Sep 4 at 9:50PM

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 Caskey Commercial Real Estate Group

Investment Insights

Based on property information with market context.

New office condos are currently under construction in Hermosa Beach. The project has been entitled as commercial condos, and the subdivision map recorded. The next step involves completing the CC&R’s and Condo Plan, which will allow for the individual sale of the units. This new construction offers a coastal location and views. The property features 6 offices ranging from 500 to 800 square feet, each with private bathrooms, high ceilings, and western-facing decks. Direct spiral staircase access leads to ocean view decks, providing views of Southern California beaches. On-site street-level secured parking is available, including ADA parking, along with direct access to an elevator serving all offices. Situated in Hermosa Beach, the property is near Pacific Coast Highway (PCH), approximately 15 minutes from LAX, and offers accessibility to the South Bay freeways, including the 405, 105, and 91. The total property size is 4800 square feet.

Key Highlights

  • Prime coastal location in Hermosa Beach, steps from Pacific Coast Highway (PCH).
  • New construction office condos with ocean views.
  • Six offices available, ranging from 500‑800 SF, each with private bathrooms and western‑facing decks.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Nursing Home Storage Facility Butcher Mobile Phone Store

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

3,057
Businesses Nearby

Demographics for 90266, CA

35,506
Population
14,945
Households
2.4
Avg Household Size
43
Median Age
79%
College-Educated
99%
High-School Grad
4.0 sq mi
ZIP Area
8,877
Density / Sq Mi
$193,904
Median Household Income
$114,154
Median Earnings
$3,492
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
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Frequently Asked Questions

What type of property is this?
Office units - New construction office condos in Hermosa Beach with ocean views.
Where is this office units located?
The property is located at 824 1st St Manhattan 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: Prime coastal location in Hermosa Beach, steps from Pacific Coast Highway (PCH).; New construction office condos with ocean views.; Six offices available, ranging from 500‑800 SF, each with private bathrooms and western‑facing decks.
More about this property
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