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Premier corner location in downtown Hermosa Beach. Property is located on the southwest corner of 10th Street and Hermosa Ave, across from The Comedy & Magic Club. The existing improvement has several different uses with excellent future development opportunity. Currently, the property is a remodeled 3 bedroom, 2.5 bath beach bungalow with large porch and ocean views.
This corner lot is 4035 sq. ft. and is street to alley. There is currently 8 car off-street parking. The property can be utilized as residential and/or commercial. Owner has completed plans with Larry Peha for a 6300 sq. ft. contemporary commercial development. Owner has has positive discussions with city of Hermosa Beach about potential for B&B or boutique inn in lieu of retail/office development. This is a 5 star location, 1 block to Hermosa Pier, and just 1 block to sand.
To schedule and appointment with the listing broker
Dean Thomas, E Real Estate Corp.
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