64 15th Court, Hermosa Beach, CA 90254 (MLS # SB18093854)

Price $1,999,000
Status Active
Beds 0
Baths 0 bath
Home size 1,441 sq ft
Lot Size 2,850 sqft
Days on Market 150
NOT JUST AN AMAZING LOCATION!!! Located adjacent to Grandview Inn and catty-cornered to Beachhouse less than a half block to the famous Hermosa Strand, this vintage duplex on a commercially zoned 30 X 95 (2,850 SF) beach lot has all kinds of possibilities. It can be used as a legal non-conforming duplex and the rents shown in the analysis reflect that. Or, it can be used as a legal non-conforming structure with a conforming use by renting it on a daily or weekly basis and treating it like a hotel or Bed and Breakfast (for which it is zoned and for which the current owner uses it). You could even build a new 1, 2 or 3 unit "hotel"; or develop an office or other commercial building. One of the best uses is to build a 2-unit "hotel" with one larger and one smaller unit. This way an owner/investor could occupy it 90 days out of the year and use for short term rentals the rest of the time. This is a very similar format to what the Beachhouse "condotel" does, except there are no condo fees. This property makes a terrific land bank in an area of the downtown Hermosa Beach commercial zone that continues to undergo a transformation that will keep it at the forefront of southern California Beach communities - I mean it is already often referred to as one of the most beautiful beaches in the Southern California. There is an abundance of on-site parking, including a single car garage accessed off 15th Crt and 6-9 spaces accessed off 14th street.
Property Type(s): Residential Income
Last Updated 9/2/2018 Year Built 1932
Community 148 - Hermosa Bch Sand County Los Angeles

Price History

Prior to Sep 2, '18 $2,295,000
Sep 2, '18 - Today $1,999,000

Additional Details

AIR Wall Window
AREA 148 - Hermosa Bch Sand
HEAT Wall Heater
LOT 2850 sq ft
LOT DESCRIPTION Level with Street, Lot-Level/Flat, Near Public Transit, Park Nearby
STYLE Spanish
UTILITIES Sewer Connected
WATER Public



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Listing provided by : Robert Freedman CalDRE:00711607, RE/MAX Estate Properties

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