Bedrooms:
1
Bathrooms:
2
Square Feet:
1,319 sqft
For Sale
Virtual Tour of 444 Ocean View Avenue , Hermosa Beach 90254
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, youll 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.
General Information
Listing Attribution:
Compass
Listing Agent:
Tyler Wolf
CalBRE#:
01426713
Price:
$2,380,000
Status:
Active
Listing Updated:
9/3/2023
List Date:
9/1/2023
Close Date
Square Feet:
1,319
Bedrooms:
1
Bathrooms:
2
Garage Spaces:
2.00
Year Built:
1949
City:
Hermosa Beach
Zip:
90254
County:
Los Angeles
MLS ID:
SB23162066
Buyer Agency Compensation:
2.500%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Home Features
Interior Features:
Exterior Features:
Appliances:
Flooring:
Laundry:
None, See Remarks
Architectural Style:
Levels:
One
Fireplace Features:
See Remarks
Cooling:
None, See Remarks
Heating:
Utilities:
Pool Type Features:
None
Spa Features:
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:
Community Information
MLS Area:
150 - Hermosa Bch East
Lot Information
Lot Size (sq feet):
4,359
Location Information
Directions:
5th Street to Ocean View