318 PIER AVE, Hermosa Beach, CA 90254, photo 1 of 5
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318 PIER AVE, Hermosa Beach, CA 90254, photo 2 of 5
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318 PIER AVE, Hermosa Beach, CA 90254, photo 4 of 5
318 PIER AVE, Hermosa Beach, CA 90254, photo 5 of 5

318 PIER AVE Hermosa Beach, CA 90254

$7,000,000

Listed By Christopher Ponsonby, The Real Estate Store

Bedrooms

Total Baths

Full Baths

5,665

Square Feet

Acres

1923

Year Built

Active

Status

MLS#

SB22167569

Outstanding Hermosa Beach Ocean View Commercial opportunity! Corner lot with ocean views at Monterey & Pier Ave. Over 108’ of frontage on upper Pier Ave. Addresses include: 302 to 318 Pier Ave Hermosa Beach CA. Plus 2 offices & a 6 car parking lot at 1326 /1328 Monterey Bl. Also a Single-family 2 bedroom 1 bath house with driveway for parking and an Ocean view deck at 1271 Sunset Dr. Zoned; store office, residential & mixed use. Two APN’s 4187-011-012 & 4187-011-013 Combined square footage land 9381’ Buildings 5665. Lot size` 108.8' on Pier Ave, 72.3' on Monterey Blvd, 115.3 ft on Sunset Drive. Same owners for 50+ years. Mostly all long term tenants who prefer to stay. Only one lease over 1 year. Tenants & address are as follows *302 Pier Frito Misto Italian Restaurant *312 Pier Marx Hair Salon *308 Pier Ave Sugar Dane Two Guns Coffee & Cookie shop *318 Pier Ave Uncorked Wine shop & Tasting Patio *1328 Monterey Blvd TRES Brokers Real Estate *1326 Monterey Blvd Hair Salon *1271 Sunset Dr Single Family house. Sellers intends to sell both APN together but might consider selling separate. Given the phenomenal upper pier Ave corner location in a high rental demand, consistent income this property provides, this is a outstanding opportunity to own a quality income producing asset in wonderful Hermosa Beach for any real estate investor. (Not to mention possible future building- buyers please confirm w city) There will be no showings or open houses. Please submit offers subject to interior inspection. We politely request that you do not disturb the tenants or discuss this sale with them.

Details

Year Built
1923
Parking
8
Price / Sq Ft
$1236
HOA
No Info
Cooling
No Info
Heating
No Info
On Website
16 Days
Acres
No Info

Listing Office The Real Estate Store

MLS# SB22167569

Updated 11:04PM - 8/14/2022

Listing Agent Christopher Ponsonby

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2022 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2022 California Regional Multiple Listing Service, Inc. All rights reserved.

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