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Property profile & analytics
FOR LEASE
Office buildings

2447 Pacific Coast Hwy Hermosa Beach, CA 90254

24,954 SF 0.35 ac lot Built 1985
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8005736
2447 Pacific Coast Hwy, Hermosa Beach, CA 90254 For Lease
$14,485,000
2447 Pacific Coast Hwy, Hermosa Beach, CA 90254
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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 underwent a complete renovation in 2019. The property caters to various business needs, encompassing executive office suites, coworking spaces, and creative office layouts, suitable for professional and traditional office settings. Its prime location in Los Angeles County provides easy access to the vibrant Hermosa Beach community and its surrounding areas. The building's multiple tenancy structure allows for a diverse tenant mix, creating a dynamic and collaborative work environment. This exceptional property presents a unique opportunity to establish a presence in a highly desirable coastal location. Inquire today to explore the available spaces and tailor a solution to meet your specific business requirements.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1985
Construction TILT-UP CONCRETE
Total area 24,954 SF
Lot 0.35 ac (15,138 SF)
Zoning code HBC3*
APN 4184-020-018
UPID US09-8005736
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
  • West Coast Pet Crates Production Facility Factory
  • ACP Funeral Transportation, Inc. Social Service Agency
  • Jessica Lepage-Smith Foster Care Service Social Service Agency
  • EP Law Firm
  • Stoner Life Industries Theater & Performing Art Venue Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.24M
CAP Approach CAP
$8.95M
Comparable Approach Comparable
$13.88M
Blend (final) Blend
$14.49M
Owner & transaction history
2447 Pch Holdings LLC · 4 yrs held
2447 Pch Holdings LLC
since 2022
Last sale
$15.3M
7 recorded transactions
2022
$15.3M
2014
$8.7M
2007
$10.2M
2007
Price N/A
2007
$9.3M
1999
$3.8M
1988
$138,000
Zoning & alternative use
HBC3* · 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?”
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