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.
Sold for $13,887,500
Listed by: Vista Sotheby’s International Realty • Steven Mullins • Contact: 310-901-4687
Bought with: NONMEMBER MRML
$13,887,500
60 15th St, Hermosa Beach, CA 90254
17beds
17baths
7,903sqft
Multi Family
Built in 1959
-- sqft lot
$9,302,000 Zestimate®
$1,757/sqft
$5,968 Estimated rent
Home value
$9,302,000
$7.07M - $12.19M
$5,968/mo
Zestimate® history
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$89,083/mo
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Yoga studiosCustom fire-pitFull size barBuilt-in bbqFull wifi coverage
Zillow last checked:
Listing updated:
Listed by:
Steven Mullins DRE #01487977 310-901-4687,
Vista Sotheby’s International Realty
Bought with:
Jeff Adkison, DRE #1190791
NONMEMBER MRML
Source: CRMLS,MLS#: SB23172872
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 17
Heating
- Ductless
Cooling
- Ductless
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
- Laundry: Inside
Features
- Balcony, Ceiling Fan(s), Furnished, Multiple Staircases, Quartz Counters, Recessed Lighting
- Flooring: Laminate
- Has fireplace: Yes
- Fireplace features: Gas
- Furnished: Yes
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 7,903
- Total interior livable area: 7,903 sqft
Property
Parking
- Total spaces: 16
- Parking features: Garage Faces Front, Garage, Garage Door Opener, On Site, Private, Garage Faces Rear
- Garage spaces: 16
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Exterior features: Fire Pit
- Pool features: None
- Spa features: None
- Fencing: Security
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Across the Road from Lake/Ocean, Beach Access, Ocean Side Of Highway
Lot
- Size: 8,573 Square Feet
- Dimensions: 90 x 95
- Features: Level, Near Park
Details
- Parcel number: 4183004010
- Zoning: HBR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Flat
Condition
- Turnkey
- New construction: No
- Year built: 1959
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Fishing, Water Sports, Gated, Park
- Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Location
- Region: Hermosa Beach
Financial & listing details
- Price per square foot: $1,757/sqft
- Date on market: 9/15/2023
- Cumulative days on market: 152 days
- Listing terms: Contract
- Total actual rent: 65550
- Tenant pays: All Utilities, Cable TV, Exterior Maintenance
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2024 | Sold | $13,887,500-5.5%$1,757/sqft |
Source:  CRMLS #SB23172872 Report a problem | ||
| 2/15/2024 | Pending sale | $14,700,000$1,860/sqft |
Source: CRMLS #SB23172872 Report a problem | ||
| 10/13/2023 | Price change | $14,700,000-2%$1,860/sqft |
Source: CRMLS #SB23172872 Report a problem | ||
| 9/15/2023 | Listed for sale | $14,995,000+17.6%$1,897/sqft |
Source: CRMLS #SB23172872 Report a problem | ||
| 3/15/2022 | Sold | $12,750,000+322684.8%$1,613/sqft |
Source: Agent Provided Report a problem | ||
| 12/4/2019 | Sold | $3,950-99.9% |
Source: Agent Provided Report a problem | ||
| 7/24/2019 | Sold | $7,855,000$994/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 90254
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Nearby schools
GreatSchools rating
- 8/10Hermosa Valley Elementary SchoolGrades: 5-8Distance: 0.3 mi
- 10/10Hermosa Vista SchoolGrades: 2-4Distance: 0.6 mi
- NAHermosa View Elementary SchoolGrades: K-1Distance: 0.7 mi
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Estimated market value
$9,302,000
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Estimated market value
$9,302,000
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