UPDATED:
11/20/2024 04:43 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,595 sqft
Price per Sqft $1,626
MLS Listing ID SB24219799
Style Detached
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1952
Lot Size 5,371 Sqft
Acres 0.1233
Property Description
This is a rare opportunity to build your dream home on a 53.72' x 100' ocean view lot! Offers amazing ocean views from the existing single-level home, but the property's true potential lies in creating a custom residence OR 2 residences with un-obstructable panoramic views stretching from Catalina Island to Malibu, taking full advantage of its prime hilltop location. The existing 1,595 sqft single level home features 3 bedrooms, 2 baths, a living room w/ wood-burning fireplace, plus a permitted sunroom/den, offering flexible living space with gorgeous ocean views, that opens directly into the fenced, very private & peaceful backyard. The home is in great condition & move-in ready, with recent upgrades including a new roof, beautifully refinished original red oak hardwood floors, newly painted interior/exterior, newer garage door, brand-new carpet in the primary bedroom & sunroom, & newer dual paned double-hung windows. 2-car garage features a dedicated laundry area & abundant storage space. While the home is perfectly comfortable to live in as-is or while you plan your vision, the true value lies in building new construction. The lot offers expansive un-obstructable 180-degree ocean views from a potential 2-3 story build. With the recently passed SB9 law, one could build two new primary units or maintain the lot as-is for a 2-3 story full ocean-view single-family residence w/ rooftop deck + the option for an ADU, providing valuable flexibility for future development. Centrally located between MB & HB downtown areas, this property is literally just steps from Valley Park & the scenic & leisurely 3.9-mile Hermosa Valley Greenbelt. You're just a 1/2 mile to one of SoCals most iconic & picturesque sandy beaches & just blocks from award-winning Hermosa Valley, Hermosa Vista Elementary & Mira Costa High School. Plus, you are just a short stroll away to downtown Hermosa Manhattan for dining, shopping & recreation. Just 6 miles from LAX & 9 miles from SoFi stadium. Commuting is extremely convenient with easy access to PCH & nearby essential amenities such as Lazy Acres, Vons, Starbucks, and CVS, along with banks, places of worship, and the post office within blocks. This beach home offers the perfect blend of privacy & convenience in a vibrant community. One of of the most competitive prices west of PCH for an un-blockable ocean-view lot of this scale. Sold as-is, its an outstanding opportunity to capitalize on a prime piece of Southbay real estate.
Location
State CA
County Los Angeles
Area Hermosa Beach (90254)
Zoning HBR1*
Interior
Flooring Carpet, Laminate, Wood
Fireplaces Type FP in Living Room
Equipment Refrigerator, Gas Oven, Gas Range
Appliance Refrigerator, Gas Oven, Gas Range
Laundry Garage
Exterior
Garage Garage, Garage - Two Door
Garage Spaces 2.0
Fence Wood
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Ocean, Panoramic, Water, Catalina, Coastline
Roof Type Other/Remarks
Total Parking Spaces 5
Building
Lot Description Sidewalks, Landscaped
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 1 Story
Others
Monthly Total Fees $38
Miscellaneous Suburban
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard