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444 Ocean View Avenue

Hermosa Beach, 90254

1 Bd
2 Ba
1,319 Sqft
4,359 Lot
$1,999,000 Current Price
Active Status
104 Days on Market
Jan 9 First Day Active
$2,050,000 Start Price

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.

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Property Details for 444 Ocean View Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Alex Wolf
Listing Brokered By
Compass
Type
Residential, Single Family Residence
Year Built
1949 (Assessor)
MLS Area
150 - Hermosa Bch East

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
104 DOM
Combined DOM*
195
First Date Active
January 9th, 2024
Current Price
$1,999,000
Current PPSF
$1,516
Orig. List Price
$2,050,000
MLS® #
SB24001294
APN
4186019003
Special
Standard

Home Interior Information

Levels/Stories
One
Bedrooms
1
Total Baths
2
Full Baths
2
Int. Sqft.
1,319
Cooling
None, See Remarks
Fireplaces
See Remarks

Room Information

Room Type
See Remarks
Laundry
None, SeeRemarks

Exterior Information

Lot Description
0-1 Unit/Acre
Lot Size (sq. ft.)
4,359
Lot Size (acres)
0.10
Pool
None
Parking Spaces
2
Garage Spaces
2

View, Style & Tour Information

View
Ocean
Virtual Tour 1
https://youtu.be/qh3DqHsRY-o

Utilities Information

Water Source
Public

Additional Information

Zoning
HBR2YY
Buyer's Brokerage Fee
2.500
Co-Agent
Alex Wolf
Co-Agent Office
Compass

* 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
150 - Hermosa Bch East
City/State
Hermosa Beach
Zip Code
90254
County
Los Angeles
# of Units
2
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School Information

District
Manhattan Unified
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Listing/Price History

444 Ocean View Avenue, Hermosa Beach, (MLS® #SB24001294)

Date Details Price Change
Price Reduced (from $2,050,000) $1,999,000 $51,000 (2.49%)
First Day Active $2,050,000
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Listing Summary

Quick Summary of 444 Ocean View Avenue: This 1 Bedroom/2 Bathroom home in Hermosa Beach is priced at $1,999,000 ($1,516/PSF) . The 1,319 sqft. Single Family Residence residence was originally built in 1949 and was listed on January 9th, 2024 at $2,050,000, showing 104 Days on Market currently. Contact Dave Fratello today for more information or to go see 444 Ocean View Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 21st, 2024 at 9:54pm 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.