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.
Mls | SB24134834 |
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Listing Type | For Sale |
Style | Industrial |
Subtype | Resale |
Status | Active |
Year | 1984 |
Days On Site | 158 |
Listing Provided By | Re/Max Commercial & Investment 310 802-2500 | Stephen Lampe |
Sq Feet | 3,907 |
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Storys | 2 |
Buildings | 1 |
Zoning | C3 |
Acreage | 0.22 |
State | CA |
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County | Los Angeles |
City | Hermosa Beach |
Zip Code | 90254 |
Area | 150 Hermosa Bch East |
Listing VS Median (in 90254) | |
Price: $1,900,000 low | high Med: $575,000 SqFt: 3,907 low | high Med: 705 $ / SqFt: $486 low | high Med: $816 On Site: 158 low | high Med: 275.000000 |