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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1124 Hermosa Ave Hermosa Beach, CA 90254

Property ID
Property summary
AI-generated overview

This exceptional 1,750 square foot street-front retail space in the heart of downtown Hermosa Beach presents a unique investment opportunity. Located at 1124 Hermosa Avenue, this single-tenant property boasts maximum visibility and high foot traffic, situated just steps from Pier Avenue. The space includes an additional 500 square feet of second-floor office space, previously occupied by an art gallery. Features include high ceilings, custom skylights providing abundant natural light, and a partially built-out interior suitable for standard retail use. The property is in excellent condition and includes private restrooms. This "plug and play" space offers below-market rent with a lease term exceeding six years. The lease rate excludes utilities, property expenses, and building services. A sublease option is available from the current tenant. This is an ideal location for businesses seeking high visibility and a thriving customer base in one of Southern California's most desirable beach communities. The property is in-line with other retail businesses, ensuring a strong commercial environment. This is a rare opportunity to secure a prime retail location in Los Angeles County, California, with a zip code of 90254.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • IvyHouse Hermosa Art Gallery
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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