$1,999,000

444 Ocean View Avenue, Hermosa Beach 90254

1

Bed

2

Baths

1,319

Square feet

4,359

Lot Size

Listing Agent
Alex Wolf - Compass

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.

Facts & Features

MLS® # SB24001294
Price $1,999,000
Bedrooms 1
Bathrooms 2.00
Full Baths 2
Square Footage 1,319
Lot Size 4,359
Year Built 1949
Type Residential
Sub-Type Single Family Residence
Status Active
# Of Units 2

Community Information

Address 444 Ocean View Avenue
Area 150 - Hermosa Bch East
City Hermosa Beach
County Los Angeles
Zip Code 90254

Amenities

Parking Spaces 2
# of Garages 2
View Ocean
Is Waterfront No
Has Pool No
Pool None

Interior

Cooling None, See Remarks
Has Basement No
Fireplace Yes
Fireplaces See Remarks
# of Stories 1
Stories One

Exterior

Lot Description 0-1 Unit/Acre

School Information

District Manhattan Unified

Additional Information

Date Listed January 9th, 2024
Days on Market 110
Zoning HBR2YY
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAlex Wolf
OfficeCompass

Listing Map

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