Listed By:
Brett Zebrowski with Palm Realty Boutique, Inc.; 310-678-7158
Address
81 Pier Avenue, Hermosa Beach, CA
Price
$ 14,250,000
Property Attributes
  • MLS#SB23013969
  • TypeContingent
  • CountyLOS ANGELES
  • CityHermosa Beach
  • AreaHermosa Bch Sand
  • Zip90254
  • StyleMixed Use
  • Price$ 14,250,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage3909
  • Lot Size5,389 SqFt
Data Source:
California Regional MLS (CRMLS)
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.

Price History
1/26/2023 Listed $14,250,000

General Features

Building Area Units Square Feet
City Hermosa Beach
Community Features Sidewalks
County Los Angeles
Directions N/W Corner of Hermosa Ave and Pier Ave
Gross Income 326722
Listing Agent Brett Zebrowski - BRE#01313739
Listing Agent State License 01313739
Listing Terms Submit
Lot Size Square Feet 5389
MLS Area 148 - Hermosa Bch Sand
Pool Features None
Property Attached Y/N Yes
Property Sub Type Additional Mixed Use
Property SubType Mixed Use
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Standard Status Active Under Contract
Status Active Under Contract
Street Name Pier
Tax Lot 29
Total Units 1
Year Built 1971
Year Built Source Assessor
Zoning HBC2YY

Interior Features

Common Walls 1 Common Wall
Laundry Features None
Street Suffix Avenue

Exterior Features

Buyer Agent Compensation 2.500
Buyer Agent Compensation Type %
Building Area Total 3909
Lot Features Corner Lot
Lot Size Acres 0.1237
Lot Size Area 5389
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 1
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 90254

Price
AVG $5.5M
$14.25M
Visits
AVG 132
64
Year Built
AVG 1975
1971

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