Roseann Oesterreich, CRS, GRI
The median home value in Hermosa Beach, CA is $2,400,000.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Hermosa Beach, CA is $2,400,000.
Approximately 41% of Hermosa Beach homes are owned,
compared to 51% rented, while
8% are vacant.
Hermosa Beach real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Hermosa Beach real estate agent to arrange a tour today!
Learn more about Hermosa Beach.
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. The current rent rate is significantly below the market value, presenting an attractive opportunity for future growth. IMPORTANT FOR LEASE TERM DETAILS CALL LISTING BROKER.
A unique opportunity for an outstanding new construction in Hermosa Beach with its coastal location and views. Multiple offices ranging in size with private bathrooms, high ceilings, western facing decks from each office and direct spiral staircase access to ocean view decks to enjoy the blue waters of Southern California beaches and on-site street level secured parking with ADA parking and direct access elevator to all offices.Possible subdivision opportunity; project was entitled as commercial condos and the subdivision map recorded as well. Final steps are to complete the CC&Rs and Condo Plan for the ability to sell individual units or in tandem either now or in the future.
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