Pending

60 15th Street

Hermosa Beach CA, 90254

$14,700,000


$1,860.05 per sqft

Pending

7,903 sqft

Condo

Built in 1959

Listed by Steven Mullins with Vista Sotheby’s International Realty 310-349-3000

Iconic Hermosa Beach trophy property, The Beach House, is now available with a 3.08% Assumable Interest Only Loan - Matures 6/1/2030. This fully furnished renovated property sits just a few doors from the Hermosa Strand and Hermosa's world class volleyball and beaches. Completely renovated in 2019 with another refresh in 2022 by the current owners, this property is fully stabilized with a 3.08% assumable interest only loan. This 3.08% loan is like going back in time and even better, it does not mature until June 1, 2030. It includes 15 1-bedroom/1-bath units and one 2-bedroom/2-bath unit, each loaded with amenities. Your tenants just have to unpack their clothes and start renting at strong proven rents. The units include washer/dryer, television, wifi, heating and cooling, stainless steel appliances, and beautiful interiors. The courtyard is truly a unique gathering place for all tenants. It includes 3 large TVs, full WIFI coverage, a built-in bbq, custom fire-pit, full size bar and 5 daybeds. The amenities continue with an on-site workout room/gym and 16 enclosed garages. The property is fully gated within an amazing community just steps from Pier Avenue and the bars, restaurants, yoga studios and other attractions. Again, don't forget you can go back in time and get a 3.08% Assumable Interest Only Loan - Matures 6/1/2030.

SB23172872

MLS ID

September 15, 2023

Listed

February 16, 2024

Updated

Map

60 15th Street
Hermosa Beach CA, 90254

Interior Features

Total Stories

2


Interior Features

Balcony, Ceiling Fan(s), Furnished, Multiple Staircases, Quartz Counters, Recessed Lighting


Appliances

Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer


Laundry Description

Inside


Floor Description

Laminate


Fireplace

Yes


Fireplace Description

Gas


Cooling

Yes


Cooling Description

Ductless


Heating

Yes


Heating Description

Ductless

Exterior/Building Features

Lot Size

0.2 Acres


Exterior Features

Fire Pit


Lot Features

Level, Near Park


Architectual Style

Contemporary


Roof

Flat


Sewer

Public Sewer

Other Property Details

Area Name

148 - Hermosa Bch Sand


Days on Market

152


Garage

Yes


Garage Spaces

16


Parking

Garage Faces Front, Garage, Garage Door Opener, On Site, Private, Garage Faces Rear


Parking Total

16


View

Yes


View Description

Ocean


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Zoning

HBR3YY


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

2/16/2024

Pending

10/14/2023

Price Change

$14,700,000

-2%

Listing Contact: 310-349-3000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. 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 2/16/2024 at 11:42 PM UTC

 

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