Financial
Distress signals
Property profile

2447 Pacific Coast Hwy 2ND Hermosa Beach, CA 90254

FOR LEASE
Office buildings
Property ID
US09-8005736
24,954 SF 0.35 ac lot Built 1985
Last sale Mar 2022 · $15,294,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Class A office building in Hermosa Beach, California, offers a diverse range of workspace solutions. Located at 2447 Pacific Coast Highway, 2nd Floor, 90254, this 12,590 square foot building boasts 350 suites, providing flexibility for businesses of all sizes. Currently, 5,970 square feet are available for lease, with minimum divisible space starting at 10 square feet and maximum contiguous space up to 1,300 square feet. The building features modern amenities, including elevators, and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$173k
Tax billed · 2024
Assessed value$15.91M
Assessed land$6.24M
Assessed improvement$9.67M
Effective rate1.09%

Value estimate

· Sep 2026
$13.48M
$12.13M – $14.82M
AI approach$10.24M
CAP approach$8.95M
Sales comparison$13.88M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$10,750/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$1,006 – $21,829
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HBC3*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center11.3
Nursing Home10.1
Pawn Shop10.1

Location

2447 Pacific Coast Hwy, Unit 2ND Hermosa Beach, CA 90254
County assessor Recorded deeds · 9 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
517 Pier, Hermosa Beach, CA 90254 $2,300,023 Dec 2023 2,360 SF
400 Pier, Hermosa Beach, CA 90254-3819 $17,500,175 Jul 2023 3,283 SF
430 Pacific Coast, Hermosa Beach, CA 90254 $1,675,016 Sep 2021 2,849 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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