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.
Property Details for 81 Pier Avenue
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Brett Zebrowski
- Listing Brokered By
- Palm Realty Boutique, Inc., 310-678-7158
- Type
- Residential Income, Mixed Use
- Year Built
- 1971 (Assessor)
- MLS Area
- 148 - Hermosa Bch Sand
Price and MLS Information
- Status
- Pending | Listing History
- MLS Days on Mkt.
- 157 DOM
- Combined DOM*
- 157
- First Date Active
- January 25th, 2023
- Current Price
- $14,250,000
- Orig. List Price
- $14,250,000
- MLS® #
- SB23013969
- APN
- 4183002015
- Special
- Standard
Room Information
- Laundry
- None
Exterior Information
- Lot Description
- Corner Lot
- Lot Size (sq. ft.)
- 5,389
- Lot Size (acres)
- 0.12
- Pool
- None
Utilities Information
- Water Source
- Public
Additional Information
- Zoning
- HBC2YY
- Buyer's Brokerage Fee
- 2.500
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
Neighborhood Information
Listing/Price History
81 Pier Avenue, Hermosa Beach, (MLS® #SB23013969)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending | – | – | |
| Active Under Contract (from Active) | – | – | |
| First Day Active | $14,250,000 | – |
Listing Summary
Quick Summary of 81 Pier Avenue: This home in Hermosa Beach is priced at $14,250,000 . The Mixed Use residence was originally built in 1971 and was listed on January 25th, 2023 at $14,250,000, showing 157 Days on Market currently. Contact Dave Fratello today for more information or to go see 81 Pier Avenue.
Based on information from California Regional Multiple Listing Service, Inc. as of April 19th, 2024 at 6:15pm PDT. 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.
