Hermosa Beach, CA 90254,444 Ocean View AVE
Hermosa Beach, CA 90254,444 Ocean View AVE
Hermosa Beach, CA 90254,444 Ocean View AVE
69
$1,925,000
$1,999,000
3.7%
Est.Price: ?

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1 BD
2 BA
1,319 SqFt

444 Ocean View AVE Hermosa Beach, CA 90254

Est. payment /mo
SOLD DATE : 05/31/2024

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Key Details

Sold Price $1,925,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,319 sqft

Price per Sqft $1,459

MLS Listing ID SB24001294

Bedrooms 1

Full Baths 2

Year Built 1949

Lot Size 4,360 Sqft

Property Description

Tremendous opportunity for developers and owner/users alike. Project is shovel ready, and includes fully-approved, ready-to-issue permits. Purchase includes architectural plans for two stunning, detached coastal-modern townhomes conceptualized by Wolf Brothers Development and designed by Mark Trotter of Trotter Building Designs. Concave, R2 lot offers the potential for spectacular, panoramic ocean views from both units. Projected building costs and recent sales comps make this an excellent ROI opportunity. // Plans show 6,336 total square feet split between two luxurious freestanding, multi-level homes each with an elevator. UNIT A: 3 beds, 4 baths, 2,671sf of living space, with 706sf of decks including a huge rooftop deck. UNIT B: 4 beds, 5 baths, den, bonus room, 3,665sf of living space, with 528sf of decks. Both units offer MASSIVE ocean views stretching from Palos Verdes to Malibu. // Run the numbers, you?ll like what you see: comps easily support $950-$1,000/sf. Location is excellent: steps to award-winning schools, world-famous beaches, fine dining, and lively nightlife. Buy today and bypass the 1-2 years waiting for permits with the city building department. All due diligence is completed, you can start building these beautiful homes immediately. // View the YouTube link for an immersive video flythrough of the finished property. Please contact listing agent for floor plans and further details.

Location

State CA

County Los Angeles

Area 150 - Hermosa Bch East

Zoning HBR2YY

Interior

Cooling None, See Remarks

Fireplaces Type See Remarks

Laundry None, See Remarks

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Suburban, Sidewalks, Water Sports

View Y/N Yes

View Ocean

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Manhattan Unified

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Read Less


California Regional MLS (CRMLS)
Listed by Alex Wolf • Compass
Bought with Steven Mullins • Vista Sotheby?s International Realty

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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