64 15Th Court

  • Hermosa Beach

  • $1,999,000
  • Acres
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Lot/LandDetails

Description & Essential
Description
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 a legal non-conforming structure with a conforming use by renting it on a daily or weekly basis and treating it like a hotel (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 for office or other commercial use. One of the best uses is as 2-unit "hotel" with 1 larger and 1 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 property makes a terrific land bank in an area of the downtown Hermosa Beach zone that continues to undergo a transformation that will keep it at the forefront of southern California Beach communities - 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. C2 Downdown district has a 30' height limit and no side yards set-back required; most uses require 3 spaces per 1000 square feet of floor area. But you can buy spaces from the City in this district.
Essential
MLS #SB18098190
Price$1,999,000
Lot Square Feet≈ 2,850
CountyLos Angeles
StateCA
ViewNone
Area148 - Hermosa Bch Sand
ZoneHBC2YY
StatusActive
Sale TypeStandard
Listing BrokerageRE/MAX Estate Properties
Listing AgentRobert Freedman
Listing Agent BRE #00711607
Co-Listing AgentGreg Geilman
Co-Listing Agent BRE #01788567

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Based on information from California Regional Multiple Listing Service, Inc. as of Sunday, September 2, 2018. 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, 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.