Listing Courtesy of: Alex Wolf - Compass
$1,999,000
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444 Ocean View Avenue Hermosa Beach, CA 90254
Single Family
Residence
1
Beds
2
Baths
1,319
Sq. Ft.
0.1
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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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 Trotte...r 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
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MLS#
CRSB24001294
Property Type
Single Family
Bedrooms
1
Bathrooms
2 Full
Year Built
1949
Square Feet
1,319
sq. ft
Lot Size
0.1
Stories
1.0
Sewer
Public Sewer
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