Property in Unknown, XX - retail in Hermosa Beach, CA
Retail

Property in Unknown, XX

Hermosa Beach Pier Adjacent Value Add, Hermosa Beach, CA 90254

Price

$9,655,524

Price/Sq Ft

$9.00

Description

Hermosa Beach Pier Adjacent Value Add Building Size: ± 7,930 SF (**) Land Size: ±8,006 SF (***) Ownership: Fee Simple (Land & Building) (*) Apartment B has been left intentionally vacant by Ownership for personal use. (*) Apartment C was recently vacated. Ownership has elected to keep vacant to provide New Buyer with max flexibility. (*) Analysis assumes that New Buyer leases Units B & C at market rent in month 2 of hold. (**) Building SF source = Contractor Building Measurements (April 2023). (***) Land SF source = public record. Buyer to Verify.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

Hermosa Beach Pier Adjacent Value Add, Hermosa Beach, CA 90254

Marker
Leaflet © OpenStreetMap contributors

Market Context

This retail in Hermosa Beach, CA is listed for sale at $9,655,524. It has been on the market for 147 days.

Compare it against other retail listings for sale in Hermosa Beach, CA to benchmark pricing and space — view the full market.

Unified Estimate

Low Confidence
$7.65/SF-$10.35/SF
Mid: $9.00/SF

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

2000 – 2025 · county sold-comp quarterly mediansFIPS 06037

High Confidence
  • Median $/SF (sold)
Q1 '00Q3 '01Q1 '03Q3 '04Q1 '06Q3 '07Q1 '09Q3 '10Q1 '12Q3 '13Q1 '15Q3 '16Q1 '18Q3 '19Q1 '21Q3 '22Q1 '24Q4 '25$0$250$500$750$1000
Median sale price / SFP25–P75 IQR band

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.5%
Avg Weekly Wage:$1,970

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population39,287,377
Median Income$99k↑ 33%
College Educated32.5%
Median Age37.9 yrs
Median Home Value$735k
Unemployment6.6%↑ 3.0pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: retail in Hermosa Beach, CA

More Retail for Sale in Hermosa Beach, CA(5)

Documents

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Listed by

CBRE System Import