Description
Located in a prime spot on Pacific Coast Highway, this property offers excellent visibility, making it ideal for a variety of businesses. With a floor area ratio (F.A.R.) of 0.50 to 1.25 and a maximum height of 35 feet, the development potential is substantial. The C-3 zoning allows for a broad range of uses, including dental and medical offices, retail spaces, offices, and animal hospitals or veterinary clinics. Currently, the tenant is on a short-term lease set to expire on December 31, 2024. Additionally, the current rent rate is significantly below the market value, presenting an attractive opportunity for future growth.
Property Details for 840 Pacific Coast
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Stephen Lampe
- Listing Brokered By
- Re/Max Commercial & Investment
- Type
- Commercial Sale, Industrial
- Year Built
- 1984 (Assessor)
- MLS Area
- 150 - Hermosa Bch East
Price and MLS Information
- Status
- Active | Listing History
- MLS Days on Mkt.
- 14 DOM
- Combined DOM*
- 14
- First Date Active
- July 1st, 2024
- Current Price
- $2,300,000
- Orig. List Price
- $2,300,000
- MLS® #
- SB24134834
- APN
- 4186008001
- Special
- Standard
Room Information
- Laundry
- None
Exterior Information
- Lot Description
- Corner Lot, Rectangular Lot, Rolling Slope
- Lot Size (sq. ft.)
- 9,593
- Lot Size (acres)
- 0.22
- Roof
- Flat
Utilities Information
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Phone Connected
- Water Source
- Public
Additional Information
- Zoning
- C3
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
Neighborhood Information
Listing/Price History
840 Pacific Coast, Hermosa Beach, (MLS® #SB24134834)
| Date | Details | Price | Change |
|---|---|---|---|
| First Day Active | $2,300,000 | – |
Listing Summary
Quick Summary of 840 Pacific Coast: This home in Hermosa Beach is priced at $2,300,000 . The Industrial residence was originally built in 1984 and was listed on July 1st, 2024 at $2,300,000, showing 14 Days on Market currently. Contact Dave Fratello today for more information or to go see 840 Pacific Coast.
Based on information from California Regional Multiple Listing Service, Inc. as of July 15th, 2024 at 9:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
