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60 15th Street

Hermosa Beach, 90254

0 Bd
0 Ba
8,573 Lot
$13,887,500 SOLD Price | Closed 4/30/24
Closed Status
152 Days on Market
Sep 15 First Day Active
$14,995,000 Start Price

Description

Iconic Hermosa Beach trophy property, The Beach House, is now available with a 3.08% Assumable Interest Only Loan - Matures 6/1/2030. This fully furnished renovated property sits just a few doors from the Hermosa Strand and Hermosa’s world class volleyball and beaches. Completely renovated in 2019 with another refresh in 2022 by the current owners, this property is fully stabilized with a 3.08% assumable interest only loan. This 3.08% loan is like going back in time and even better, it does not mature until June 1, 2030. It includes 15 1-bedroom/1-bath units and one 2-bedroom/2-bath unit, each loaded with amenities. Your tenants just have to unpack their clothes and start renting at strong proven rents. The units include washer/dryer, television, wifi, heating and cooling, stainless steel appliances, and beautiful interiors. The courtyard is truly a unique gathering place for all tenants. It includes 3 large TVs, full WIFI coverage, a built-in bbq, custom fire-pit, full size bar and 5 daybeds. The amenities continue with an on-site workout room/gym and 16 enclosed garages. The property is fully gated within an amazing community just steps from Pier Avenue and the bars, restaurants, yoga studios and other attractions. Again, don't forget you can go back in time and get a 3.08% Assumable Interest Only Loan - Matures 6/1/2030.

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Property Details for 60 15th Street

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Steven Mullins
Listing Brokered By
Vista Sotheby’s International Realty
Type
Residential Income, Apartment
Year Built
1959 (Assessor)
MLS Area
148 - Hermosa Bch Sand

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
152 DOM
Combined DOM*
152
First Date Active
September 15th, 2023
Closing Date
April 30th, 2024
Sold Price
$13,887,500
Orig. List Price
$14,995,000
MLS® #
SB23172872
APN
4183004010
Special
Standard

Home Interior Information

Levels/Stories
Two
Flooring
Laminate
Heating
Ductless
Cooling
Ductless
Appliances
Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Range Hood, Refrigerator, Washer
Int. Features
Balcony, Ceiling Fan(s), Furnished, Multiple Staircases, Quartz Counters, Recessed Lighting
Fireplaces
Gas

Room Information

Laundry
Inside

Exterior Information

Lot Description
Level, Near Park
Lot Size (sq. ft.)
8,573
Lot Size (acres)
0.20
Roof
Flat
Security
CarbonMonoxideDetectors, GatedCommunity, SmokeDetectors
Pool
None
Parking Spaces
16
Garage Spaces
16

View, Style & Tour Information

View
Ocean
Style
Contemporary

Utilities Information

Utilities
Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Electric
ElectricityOnProperty
Water Source
Public

Additional Information

Prop. Condition
Turnkey
Zoning
HBR3YY
Buyer's Brokerage Fee
2.000

* 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
16
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Listing/Price History

60 15th Street, Hermosa Beach, (MLS® #SB23172872)

Date Details Price Change
Closed $13,887,500
Pending (from Active)
Price Reduced (from $14,995,000) $14,700,000 $295,000 (1.97%)
First Day Active $14,995,000
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Listing Summary

Quick Summary of 60 15th Street: This home in Hermosa Beach is priced at $14,700,000 . The Apartment residence was originally built in 1959 and was listed on September 15th, 2023 at $14,995,000, showing 152 Days on Market currently. Contact Dave Fratello today for more information or to go see 60 15th Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 12:10pm 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.