Hermosa Beach, CA 90254 81 Pier Avenue
$14,250,000
3 more
Presented By: Brett Zebrowski with Palm Realty Boutique, Inc.; 310-678-7158
Beds • 1
Baths • 1
SQFT • 3,909
Year Built • 1971
Home Details
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.
Presented By: Brett Zebrowski with Palm Realty Boutique, Inc.; 310-678-7158
Interior Features for 81 Pier Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 81 Pier Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityHermosa Beach
Community FeaturesSidewalks
CountyLos Angeles
DirectionsN/W Corner of Hermosa Ave and Pier Ave
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income326722.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsSubmit
Lot Size Square Feet5389.0
Lot Size UnitsSquareFeet
MLS Area148 - Hermosa Bch Sand
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total1
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot29
Trash Expense0.0
Water Sewer Expense0.0
Year Built1971
Year Built SourceAssessor
ZoningHBC2YY
Exterior for 81 Pier Avenue
Building Area Total3909.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.1237
Lot Size Area5389.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
Price
$14,250,000
MLS#SB25019012
List Date
01/27/2025
Property Type
Multi-Family
Phone
(310) 963-5595
