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1332 Hermosa Ave
Hermosa Beach, CA 90254

$11,721,000 USD

Storefront Retail Office For Sale  •  15,127 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 15,127 SF
  • Lot Size 0.28 AC
  • Building Class B
  • Year Built 1954
  • Cap Rate 5.00 %
  • Tenancy Multiple
  • Zoning HBC2
30 Transit Score
80 Walk Score

Highlights

Prime Hermosa Ave location in the city's core restaurant, nightlife and retail district.
91% occupied with durable in-place income and manageable vacancy opportunity.
Near-term lease rollover creates opportunity to mark below-market rents to current levels.
Ownership can reposition tenants and increase rental income through targeted leasing.
Rare coastal value-add opportunity in a difficult-to-replicate market with 3M+ annual visitors.
Below-market in-place rents provide a clear path to enhance NOI and create long-term value.
Cap Rate: 5.00 %

Major Tenants

Tenant SF Occupied Lease End Date
123 Bail Bonds
Chelsea Pub & Lounge
Decadence 5/30/2029
Hermosa Brewing Company 5/30/2025
Local Collaborative Llc
Pedone's Pizza & Italian Foods 10/30/2027
Revcascade Inc
Skin Savvy 1/14/2027
Underground Pub 5/30/2026

Amenities

  • Restaurant
  • Signage
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Los Angeles International 14 min - 7.0 mi
Long Beach (Daugherty Field) 25 min - 16.3 mi
Bob Hope 49 min - 34.4 mi
Michael Pakravan 310-919-5737 Matthews Real Estate Investment Services
Michael Pakravan 310-919-5737 Matthews Real Estate Investment Services