824 1St St, Hermosa Beach, CA 90254
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824 1St St Hermosa Beach, CA 90254

$6,000,000
  • -- Beds
  • -- Baths
  • 4,700 Sq.Ft.
For Sale
$6,000,000 Get Pre-Qualified

Map preview of 824 1St St, Hermosa Beach, CA 90254

Property Overview: 824 1St St Hermosa Beach, CA has -- bedrooms, -- bathrooms, 4,700 living square feet and 5,122 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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&R’s and Condo Plan for the ability to sell individual units or in tandem either now or in the future.

Listed by Mohammad Sharifi | BRE #01459498 | eXp Realty of California Inc
Co-listed by David Caskey | BRE #01198999 | eXp Realty of California Inc
Last checked: 4 minutes ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 1074
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Home details

Lot Sq. Ft
5,122
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Office
Status
Active
MLS#
SB21031956
City
Hermosa Beach
County
Los Angeles
Time on Site
1087 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 824 1St St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: Level with Street, Rectangular Lot
  • Common Interest: None
Property Information
  • Parcel Number: 4186031102
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location / Neighborhood
Location Information
  • Directions: From Pacific Coast Hwy turn east on 1st street.
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Local Hermosa Beach Agent

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Sale History for 824 1St St

Last sold for $4,700,000 on December 16th, 2019
  • September, 2021

  • Sep 27, 2021

    Date

    Active

    CRMLS: SB21031956

    $6,299,000

    Price

  • December, 2019

  • Dec 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,700,000

    Price

  • December, 2015

  • Dec 30, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 824 1St St

Assessed Value (2020): $4,700,000
Year Land Value Improved Value Assessed Value
2020 $4,000,000 $700,000 $4,700,000

Home Value Compared to the Market

This property vs the competition

824 1St St is listed 150.1% higher than the median list price for the city of Hermosa Beach which has a median list price of $2,399,000. The median price per/sqft for Hermosa Beach is $1,371 and this home is listed at $1276.6 per/sqft which puts the price per square foot 6.89% lower than the median price per square foot for the city of Hermosa Beach.

About 824 1St St

Detailed summary of property

824 1St St is a office located in Hermosa Beach, CA 90254 and is currently for sale. This office offers -- bedrooms, -- bathrooms, roughly 4,700 living square feet, and sits on an approximately 5,122 square foot lot. 824 1St St was first listed on ArdentRealEstateGroup.com on September 28, 2021. The homeowner is currently asking $6,000,000 and was originally asking $6,299,000. The median priced home in Hermosa Beach is $2,399,000 with a median price per square foot of $1,371. Based on Ardent Real Estate Group's Hermosa Beach Market Data, this home is listed 150.1% higher than the median priced home. While the average home in Hermosa Beach, CA is selling in 98 days, 824 1St St has a days on market of 1074 days. There are currently 59 homes for sale in the Hermosa Beach real estate market and 41 of them are single family homes while 10 of them are condos and 8 are townhomes. For more information on this home for sale at 824 1St St Hermosa Beach, CA 90254 contact Ardent Real Estate Group and we will put you in touch with one of our Hermosa Beach agents.

Public Facts for 824 1St St

Public county record property details
Beds
--
Baths
--
Year built
1979
Sq. Ft.
5,122
Lot Size
5,543
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4186-031-102

The source for these homes facts are from public records.

90254 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,399,000
Median List Price/Sq.Ft.
$1,371
Median Sold Price
$2,510,000
Median Sold Price/Sq.Ft.
$1,290
Total Inventory
59
Median Sale to List Price %
100.44%
Avg Days on Market
33
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (40%), Other (40%)

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Related Resources to 824 1St St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.