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    Property profile & analytics

    509 Pier Ave Hermosa Beach, CA 90254-3822

    • Retail space
    • 2,400 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $2,140,000
    Last Sale
    Oct 05, 2021
    $2,150,021
    Location Intelligence
    Property ID
    US10-0055188
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Source Café / Cafe / Bakery
    • Hermosa Beach Home Renovation / Construction Company

    Property Details for 509 Pier Ave

    Year built
    1957
    Construction
    WOOD
    Lot size
    0.07 lot acres
    Property size
    2,400 SF
    Zone code
    HBC2*
    Property type
    Retail space
    APN
    4183-018-016
    APU
    4183018016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,145,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,065,000
      6.5%
      $2,285,000
      7%
      $1,955,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,915,000
      Geo Method
      $1,855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,585,000
      Retail
      $2,700,000
      Mixed-Use
      $2,055,000
      Hospitality
      $2,620,000
      Educational
      $2,190,000
      Residential Income
      $2,225,000
      Energy
      $2,780,000
      Income-Based Land
      $2,300,000
      Food Service
      $2,225,000

    Location Insight

    • Map
    • Local Demand
    City
    Hermosa Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.397
    Latitude
    33.8646
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $25,323
    $1,664,640
    $572,220
    $2,236,860
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,960 SF

      1070 Aviation Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,960 SF
      1070 Aviation Blvd, Hermosa Beach, CA 90254
      View Details
    • Value Estimation by Request
      1,992 SF

      243 Pacific Coast Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,992 SF
      243 Pacific Coast Hwy, Hermosa Beach, CA 90254-5358
      View Details
    • Value Estimation by Request
      1,600 SF

      433 Pier Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      433 Pier Ave, Hermosa Beach, CA 90254-3820
      View Details
    • Value Estimation by Request
      2,891 SF

      1097 Aviation Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,891 SF
      1097 Aviation Blvd, Hermosa Beach, CA 90254-4023
      View Details
    • Value Estimation by Request
      1,120 SF

      139 Hermosa Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,120 SF
      139 Hermosa Ave, Hermosa Beach, CA 90254-5022
      View Details
    • Value Estimation by Request
      1,152 SF

      54 Hermosa Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,152 SF
      54 Hermosa Ave, Hermosa Beach, CA 90254-5009
      View Details

    Similar Nearby for Sale

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      Profitable Boutique Near Hermosa Beach Pier

      Thriving T-shirt and gift boutique steps from the ocean.
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      Retail Storefront/Office in Hermosa Beach

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    • Contact for pricing
      6,647 SF

      Freestanding Building in Hermosa Beach

      Freestanding 6,647 SF building suitable for various uses.
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    Similar Nearby for Lease

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      Contemporary 3-bedroom townhouse with ocean views, available August 2025.
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      View Details
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      Hermosa Beach Condo with Amenities

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      View Details
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    509 Pier Ave
    Hermosa Beach, CA 90254-3822
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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