Hermosa Beach, CA 90254,444 Ocean View Avenue
Hermosa Beach, CA 90254,444 Ocean View Avenue
Hermosa Beach, CA 90254,444 Ocean View Avenue
$1,925,000
Est. payment /mo
$1,999,000
3.7%
Est.Price: ?

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1 Bed
2 Baths
1,319 SqFt
SOLD DATE : 05/31/2024

Key Details

Sold Price $1,925,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,319 sqft

Price per Sqft $1,459

MLS Listing ID SB24001294

Sold Date 05/31/24

Style Detached

Bedrooms 1

Full Baths 2

HOA Y/N No

Year Built 1949

Lot Size 4,359 Sqft

Acres 0.1001

Lot Dimensions 38' x 116'

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.
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.

Location

State CA

County Los Angeles

Area Hermosa Beach (90254)

Zoning HBR2YY

Interior

Cooling N/K, Other/Remarks

Fireplaces Type Other/Remarks

Laundry N/K, Other/Remarks

Exterior

Garage Spaces 2.0

View Ocean

Total Parking Spaces 2

Building

Lot Description Curbs, Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

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San Diego Regional MLS (SDMLS)
Listed by Alex Wolf • Compass
Bought with Steven Mullins • Vista Sotheby’s International Realty
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