60 15th Street, Hermosa Beach, 90254

Residential Income For Sale

$8,000,000

Beds
Baths
7,903Sqft
.2Acres
1959Built
149DOM
MLS® #: PW18208847
Closed, 149 Days on Market

This property boasts an outstanding trophy location just 100 yards from the beach, steps from Noble Park, and two blocks from Pier Avenue and its popular restaurants and bars. Additionally, Hermosa Beach House is located adjacent to the 30-room H20 Hotel development, and the median household income within one-mile exceeds $110,000. Hermosa Beach House consists of one two-story building that contains one two-bedroom and 15 one-bedroom units that are mastermetered for all utilities. The building also features a pool, garage parking, and on-site laundry. With substantial potential upside in rents and an excellent location in an affluent coastal city, Hermosa Beach House presents an outstanding value-add opportunity. Please request and review a copy of the Offering Memorandum for this property for a detailed explanation and description of this investment and its underwriting.

Price & Status History

Date Details
Status Changed from Pending to Closed
Status Changed from Active to Pending
Price Reduced from $9,000,000 to $8,000,000
Price Reduced from $9,250,000 to $9,000,000

Essential Information

MLS® #: PW18208847
Price: $8,000,000
Square Footage: 7,903
Acres: 0.20
Year Built: 1959
Type: Residential Income
Status: Closed

Community Information

Address: 60 15th Street
County: Los Angeles
State: CA
Zip Code: 90254

Amenities

Parking Spaces: 16
Has Pool: Yes

Exterior

Lot Description: Lot Shape-Rectangular

Additional Information

Date Listed: August 27th, 2018
Days on Market: 149
Zoning: HBR3YY

Listing Details

Listing Agent: Steven Bogoyevac(01332755)
Listing Office: Steven M. Bogoyevac, Broker

Financials

$/SqFt: $1,012

Welcome to this 0 bedroom 0 bath Residential Income in the Hermosa Beach Sand (148) section of Hermosa Beach located at 60 15th Street built in 1959. It is 0 square feet and the current asking price is $ 8,000,000.

Based on information from California Regional Multiple Listing Service, Inc. as of October 22nd, 2019 at 2:48pm 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.