81 Pier Avenue Hermosa Beach, CA ^$ 14,250,000

81 Pier Avenue

^$ 14,250,000

Back to search

81 Pier Avenue

Hermosa Beach, CA, 90254

^$ 14,250,000

Studio Baths0.0 Sq 3,909

Monthly Estimate*

^$ 88,901

Listed by eXp Realty of California Inc

View a Virtual Tour

Studio

Multi-Family Home for sale in Hermosa Beach, CA

for $14,250,000. This 3,909 square foot home was built in 1971 on a lot size of 0.1237.

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.

Multi-Family Active

Price

^$ 14,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1237

Year Built

1971

Town/City

Hermosa Beach

County/Region

Los Angeles

MLS | Web ID

SB25019012

Days on Market

332

Features

General

Sewer Public Sewer

Zoning HBC2YY

Garage Spaces 0

Pool Features None

Year Built 1971

Property Subtype Mixed Use

Gross Income 326722

Community Features Sidewalks

County Los Angeles

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

New Construction 0

Property Type Residential Income

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions N/W Corner of Hermosa Ave and Pier Ave

City Hermosa Beach

Entry Location 1

Senior Community Y/N 0

Number Of Units Total 1

MLS Area 148 - Hermosa Bch Sand

Lot Size Units Square Feet

Lot Size Square Feet 5389

Listing Terms Submit

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N 0

Rent Control Y/N 0

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 29

Property Sub Type Additional Mixed Use

Interior

Total Stories 2

Common Walls 1 Common Wall

Laundry Features None

Entry Level 1

Exterior

Lot Features Corner Lot

Water Source Public

Total Parking 0

Lot Size Area 5389

Number of Buildings 1

Building Area Total 3909

Lot Size Acres 0.1237

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 1

* Excluded Features

List By

Exp Realty Of California Inc

Broker

Brett@PalmRealtyBoutique.com

Affordability Calculator

$88,901

Per Month

Monthly Principal & Interest: $88,901
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Hermosa Beach, CA

Average List Price ^$5,148,750

Percent of Sale Price 64%

About Hermosa Beach, CA

19,507 Population

6% Since 2002

^$126,294 Median Income

40.13 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$14,250,000		Listed Price

Map

More homes like this one

homes for you

See all

81 Pier Avenue, Hermosa Beach, CA, 90254 is a Multi-Family Home for sale at $14,250,000 with 3,909 sqft and a lot size of 0.1237. 81 Pier Avenue is a studio with 0.0 baths and was built in 1971. The property's zip code is 90254 which is in Hermosa Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/25/2025. 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

81 Pier Avenue

Multi-Family Home for sale in Hermosa Beach, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home