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1257 Bonnie Brae

Hermosa Beach, 90254

2 Bd
3 Ba
2,691 Sqft
3,796 Lot
$1,995,000 Current Price
Pending Status
7 Days on Market
May 23 First Day Active
$1,995,000 Start Price

Description

This ocean view duplex presents a rare opportunity for owner occupants to live in the larger unit while collecting income from renting the second unit. For investors, this easy-to-manage duplex offers steady passive income and the historically proven long-term appreciation potential of coastal Southern California property. Located on the bluff above Hermosa Beach, this property features peekaboo ocean views from the owner’s unit living room and full coastline, blue water, and city lights views from the roof deck. Despite its bluff location, the property is still just a short walk from the beach and the dining and entertainment on Pier Avenue. The kitchen and great room of the owner’s unit have been remodeled including a gourmet chef’s kitchen with premium appliances and a large island with a wine fridge and warming drawer. The open concept greatroom layout is perfect for entertaining and there is plenty of space for guests to spread out between two outdoor balcony decks plus the large roof deck. The rooftop hot tub is especially epic, offering superb ocean views. This unit also features a large primary bedroom with walk-in closet, ensuite bathroom, and direct backyard access via a sliding door. A separate indoor laundry room and a two car garage (plus driveway guest space) round out a unique feature set that makes this property especially well-suited to high-end corporate rental tenants or owner occupants. The second unit has a great floorplan including a kitchen, dining room, a living room with fireplace, and a large bedroom with spacious closets. This unit has a separate entrance on the opposite side of the property from the owner’s unit, plus a private outdoor deck and private laundry located in the garage. Unit dimensions are estimated to be approximately 1946sf in the owner’s unit and 745sf in the second unit. There are a total of 4 off-street parking spaces: two in the garage, one in the driveway next to the garage (currently assigned to the tenant in unit two), and a 4th guest space in the driveway in front of the garage. One water meter, two gas meters, and two electric meters.

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Property Details for 1257 Bonnie Brae

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Markus Brown
Listing Brokered By
First Team Real Estate
Type
Residential, Duplex
Year Built
1952 (Assessor)
MLS Area
148 - Hermosa Bch Sand

Price and MLS Information

Status
Pending | Listing History
MLS Days on Mkt.
7 DOM
Combined DOM*
7
First Date Active
May 23rd, 2024
Current Price
$1,995,000
Current PPSF
$741
Orig. List Price
$1,995,000
MLS® #
PW24105089
APN
4185014039
Special
Standard

Home Interior Information

Levels/Stories
Two
Bedrooms
2
Total Baths
3
Full Baths
2
Half Baths
1
Int. Sqft.
2,691
Heating
Central
Cooling
None
Int. Features
Bedroom on Main Level, Main Level Primary
Fireplaces
Family Room, Living Room

Room Information

Room Type
Main Floor Bedroom, Main Floor Primary Bedroom
Laundry
Inside

Exterior Information

Lot Description
0-1 Unit/Acre
Lot Size (sq. ft.)
3,796
Lot Size (acres)
0.09
Pool
None
Parking Spaces
4
Garage Spaces
2

View, Style & Tour Information

View
Coastline, Ocean

Utilities Information

Water Source
Public

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
148 - Hermosa Bch Sand
City/State
Hermosa Beach
Zip Code
90254
County
Los Angeles
# of Units
2
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School Information

District
Hermosa
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Listing/Price History

1257 Bonnie Brae, Hermosa Beach, (MLS® #PW24105089)

Date Details Price Change
Pending (from Active)
First Day Active $1,995,000
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Listing Summary

Quick Summary of 1257 Bonnie Brae: This 2 Bedroom/3 Bathroom home in Hermosa Beach is priced at $1,995,000 ($741/PSF) . The 2,691 sqft. Duplex residence was originally built in 1952 and was listed on May 23rd, 2024 at $1,995,000, showing 7 Days on Market currently. Contact Dave Fratello today for more information or to go see 1257 Bonnie Brae.

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Based on information from California Regional Multiple Listing Service, Inc. as of June 17th, 2024 at 3:15pm PDT. 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.