Sold

Closed

444 Ocean View Avenue

Hermosa Beach CA, 90254

$1,925,000


$1,459.44 per sqft

Sold

Closed

1 Bed

2 Baths

1,319 sqft

Residential

Built in 1949

Listed by Alex Wolf with Compass 310/3768871

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.

SB24001294

MLS ID

January 9, 2024

Listed

October 20, 2024

Updated

Map

444 Ocean View Avenue
Hermosa Beach CA, 90254

Interior Features

Total Stories

1


Bedrooms

1


Total Bathrooms

2


Full Bathrooms

2


Laundry Description

None, See Remarks


Fireplace

Yes


Fireplace Description

See Remarks


Cooling

No


Cooling Description

None, See Remarks


Heating

No

Exterior/Building Features

Lot Size

0.1 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

School Information

School District

Manhattan Unified

Other Property Details

Area Name

150 - Hermosa Bch East


Days on Market

112


Garage

Yes


Garage Spaces

2


Parking Total

2


View

Yes


View Description

Ocean


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

HBR2YY

Listing History

Date

Event

Price

6/2/2024

Sold

$1,925,000

3/22/2024

Price change

$1,999,000

-3%

Listing Contact: 310-362-0596 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/20/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/20/2024 at 2:36 PM UTC

 

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