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Property profile & analytics
FOR LEASE
Community centers

1601 East Pacific Coast Hwy Hermosa Beach, CA 90254

115,779 SF 1.91 ac lot Built 1988
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8410714
Property summary
AI-generated overview

This exceptional 966-square-foot retail space is available for lease in a thriving Hermosa Beach location at 1601 E Pacific Coast Hwy, 90254. Situated within an existing and operational 24 Hour Fitness gym, this single-tenant space presents a unique opportunity for businesses in the health, wellness, and fitness sectors. Ideal uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense, physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, and sales of sport, health, and wellness products and accessories, including workout apparel. The space is not suitable for businesses that prepare food and drink on-site, offer pole dancing classes, or require extensive construction or utility upgrades. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). This property is located in Los Angeles County, within the Los Angeles submarket and Hermosa Beach submarket cluster, offering excellent visibility and access to a large customer base. The property is categorized as retail, specifically a fitness center. This is a single-tenant occupancy.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1988
Construction CONCRETE
Total area 115,779 SF
Lot 1.91 ac (83,267 SF)
Zoning code HBM1VV
APN 4184-025-211
UPID US09-8410714
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
  • Ideal 55 Wine Lockers Hermosa Storage Facility
  • Hair By Kim Townsend Hair Salon
  • M. J. Moore & Associates Employment Agency
  • HandyWithThatSteel Barber Shop
  • South Bay Child and Family Therapy, Inc. Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$28.99M
Owner & transaction history
1601 Pch LP · 16 yrs held
1601 Pch LP
since 2010
7 recorded transactions
2024
Price N/A
2010
$27.3M
2009
$8.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
HBM1VV · Hermosa Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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