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Located in a prime spot on Pacific Coast Highway, this property offers excellent visibility, making it ideal for a variety of businesses. With a floor area ratio (F.A.R.) of 0.50 to 1.25 and a maximum height of 35 feet, the development potential is substantial. The C-3 zoning allows for a broad range of uses, including dental and medical offices, retail spaces, offices, and animal hospitals or veterinary clinics. The current rent rate is significantly below the market value, presenting an attractive opportunity for future growth. IMPORTANT – FOR LEASE TERM DETAILS CALL LISTING BROKER.
Property Type(s):
Commercial
| Last Updated | 10/25/2024 | Year Built | 1984 |
|---|---|---|---|
| Community | Hermosa Bch East | County | Los Angeles |
Price History
| Prior to Sep 3, '24 | $2,300,000 |
|---|---|
| Sep 3, '24 - Sep 13, '24 | $19,000,000 |
| Sep 13, '24 - Today | $1,900,000 |
Additional Details
| AREA | Hermosa Bch East |
|---|---|
| CONSTRUCTION | Concrete |
| LOT | 9593 sq ft |
| LOT DESCRIPTION | Corner Lot, Rectangular Lot, Rolling Slope |
| LOT DIMENSIONS | 80'x120' |
| STORIES | 2 |
| TAXES | 20133 |
| UTILITIES | Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected |
| WATER | Public |
| ZONING | C3 |
Location
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Listed with Re/Max Commercial & Investment
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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