444 Ocean View Avenue, Hermosa Beach, CA 90254
-
Listed Price :
$1,999,000
-
Beds :
1
-
Baths :
2
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Property Size :
1,319 sqft
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Year Built :
1949
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, you’ll 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.
Interior Features
| Bedroom Information |
| Bedrooms |
1 |
| Bathroom Information |
| Bathrooms |
2 |
| Interior Information |
| Cooling Type |
None, See Remarks |
Listing Information
| Address |
444 Ocean View Avenue |
| City |
Hermosa Beach |
| State |
CA |
| Zip |
90254 |
| County |
Los Angeles |
| Listing Agent |
Alex Wolf DRE #01788977 |
| Co-Listing Agent |
Alex Wolf DRE #01788977 |
| Courtesy Of |
Compass |
| List Price |
$1,999,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
1,319 |
| Lot Size |
4,359 |
| Year Built |
1949 |
Listing information courtesy of: Alex Wolf, Alex Wolf, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 22nd, 2024 at 1:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
