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Property profile & analytics
FOR LEASE
Retail space

30 Hermosa Ave Hermosa Beach, CA 90254

850 SF 0.17 ac lot Built 2006
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6738018
Property summary
AI-generated overview

This exceptional 2,390 square foot creative office condo, located at 30-34-44 Hermosa Ave in Hermosa Beach, CA 90254, presents a unique investment opportunity. Built in 2006, this Class B, two-story building offers a traditional office layout within a mixed-use residential and office setting. The property boasts eight dedicated parking spaces located at the rear. Enjoy the convenience of a shower, perfect for those early morning surf sessions. The high ceilings and polished concrete floors contribute to the building's modern aesthetic. The prime location offers unparalleled branding opportunities with highly visible building signage. Situated just steps from the beach, The Strand, and various beach activities, this property provides exceptional access to the vibrant Hermosa Beach lifestyle. The property sits on a 7,210-acre lot and is zoned HBC1. The asking price is $2,995,000, translating to $1,253.14 per square foot. The APN is 4188-014-096 :4188-014-095: 4188-014-094. This is a multi-tenant building, ideal for an owner/user seeking a prominent location with high visibility and immediate access to the beach. The attractive glass front adds to the building's curb appeal. Don't miss this rare opportunity to own a thriving business in a highly desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction TILT-UP CONCRETE
Total area 850 SF
Lot 0.17 ac (7,210 SF)
Zoning code HBC1*
APN 4188-014-096
UPID US09-6738018
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Simon Brothers Properties LLC · 4 yrs held
Simon Brothers Properties LLC
since 2021
7 recorded transactions
2021
Price N/A
2014
$1.6M
2010
$13,427
2010
$12,962
2010
$13,142
2005
Price N/A
2005
$2.3M
Zoning & alternative use
HBC1* · Hermosa Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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