81 Pier Avenue, Hermosa Beach, CA 90254

$14,250,000
List Price
$14,250,000
Status
PENDING
MLS#
SB23013959
Year Built
1971
Lot Size
5,389
Acres
0.12
Lot Location
Corner Lot
Days on Market
42
Property Type
Commercial
Property Sub Type
Special Purpose

Property Description

Rare, Rare, Rare opportunity to own a Hermosa Beach Landmark Property. In the early 1900's, this location was home to The First Bank of Hermosa Beach and has seen major renovation over the years. Now, the current Citibank building is an amazing trophy property that is the first building to welcome you to the Hermosa Beach Pier Plaza. Pier Plaza is a pedestrian-friendly destination with retail shops, beach boutiques, chic stores, fine dining, casual eateries, cocktail bars and of the course the world famous Hermosa Beach Pier. It has been said that the Citibank building is the most recognizable property in Hermosa Beach with it's historical significance, timeless architecture, 124' of Hermosa Ave frontage, 74' of Pier Ave frontage, direct path crosswalks leading to it's doors and an estimated 25,000 cars passing by each day. This property is one of a kind and will not last. Don't miss your chance to own a piece of Hermosa Beach.

Additional Information

Water
Public
Attached Structure
Detached
Gross Scheduled Income
$326,723

Listing courtesy of Listing Agent: Brett Zebrowski (Brett@PalmRealtyBoutique.com) from Listing Office: Palm Realty Boutique, Inc..

Mortgage Calculator

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Calculator source: Real Geeks

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