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Michelle Esquivel

michelle@michellehomesellingteam.com

$ 2,595,000

Est. payment | -/mo

3 Beds

2 Baths

1,595 SqFt

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$ 2,595,000

Est. payment | -/mo

Save Virtual Tour Video Tour

3 Beds

2 Baths

1,595 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,595 sqft

Price per Sqft $1,626

MLS Listing ID SB24219799

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

HOA Y/N No

Year Built 1952

Lot Size 5,370 Sqft

Property Description

This is a rare opportunity to build your dream home on a 53.72' x 100' ocean view lot! Offers amazing ocean views from the existing single-level home, but the property's true potential lies in creating a custom residence OR 2 residences with un-obstructable panoramic views stretching from Catalina Island to Malibu, taking full advantage of its prime hilltop location. The existing 1,595 sqft single level home features 3 bedrooms, 2 baths, a living room w/ wood-burning fireplace, plus a permitted sunroom/den, offering flexible living space with gorgeous ocean views, that opens directly into the fenced, very private & peaceful backyard. The home is in great condition & move-in ready, with recent upgrades including a new roof, beautifully refinished original red oak hardwood floors, newly painted interior/exterior, newer garage door, brand-new carpet in the primary bedroom & sunroom, & newer dual paned double-hung windows. 2-car garage features a dedicated laundry area & abundant storage space. While the home is perfectly comfortable to live in as-is or while you plan your vision, the true value lies in building new construction. The lot offers expansive un-obstructable 180-degree ocean views from a potential 2-3 story build. With the recently passed SB9 law, one could build two new primary units or maintain the lot as-is for a 2-3 story full ocean-view single-family residence w/ rooftop deck + the option for an ADU, providing valuable flexibility for future development. Centrally located between MB & HB downtown areas, this property is literally just steps from Valley Park & the scenic & leisurely 3.9-mile Hermosa Valley Greenbelt. You're just a 1/2 mile to one of SoCal’s most iconic & picturesque sandy beaches & just blocks from award-winning Hermosa Valley, Hermosa Vista Elementary & Mira Costa High School. Plus, you are just a short stroll away to downtown Hermosa Manhattan for dining, shopping & recreation. Just 6 miles from LAX & 9 miles from SoFi stadium. Commuting is extremely convenient with easy access to PCH & nearby essential amenities such as Lazy Acres, Vons, Starbucks, and CVS, along with banks, places of worship, and the post office within blocks. This beach home offers the perfect blend of privacy & convenience in a vibrant community. One of of the most competitive prices west of PCH for an un-blockable ocean-view lot of this scale. Sold as-is, it’s an outstanding opportunity to capitalize on a prime piece of Southbay real estate.

Location

State CA

County Los Angeles

Area 149 - Hermosa Bch Valley

Zoning HBR1*

Rooms

Main Level Bedrooms 3

Interior

Interior Features Ceiling Fan(s), Separate/Formal Dining Room, Storage, All Bedrooms Down, Bedroom on Main Level, Main Level Primary

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate, Wood

Fireplaces Type Living Room, Wood Burning

Fireplace Yes

Appliance Gas Oven, Gas Range, Refrigerator

Laundry In Garage

Exterior

Garage Door-Multi, Driveway, Garage, Garage Faces Side, Side By Side

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Suburban, Sidewalks, Park

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Catalina, Coastline, Ocean, Panoramic, Water

Roof Type See Remarks

Accessibility No Stairs

Porch Deck, See Remarks

Parking Type Door-Multi, Driveway, Garage, Garage Faces Side, Side By Side

Attached Garage Yes

Total Parking Spaces 5

Private Pool No

Building

Lot Description Back Yard, Front Yard, Landscaped, Near Park, Yard

Dwelling Type House

Faces Northwest

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Schools

Elementary Schools Hermosa View

Middle Schools Hermosa Valley

School District Hermosa

Others

Senior Community No

Tax ID 4169037004

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Taya Dicarlo • Compass • 310.431.8251

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

670 Gould AVE Hermosa Beach, CA 90254