Contemporary
60 15th Street
Hermosa Beach , CA 90254
MLS#: SB23172872
$14,700,000

Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1959
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Recessed Lighting
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Ductless
Exterior
-
Garage
Yes
-
Garage spaces
16
-
Construction Materials
Stucco
-
Other Exterior Features
Balcony, Fire Pit
-
Parking
Garage Faces Front, Garage, Garage Door Opener, On Site, Private, Garage Faces Rear
-
Pool
Yes
-
Pool Features
None
-
View
Ocean
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.1968
-
Property Type
Residential Income
-
Property Sub Type
Apartment
-
Architectural Style
Contemporary
Price
-
Sales Price
$14,700,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Steven Mullins , Vista Sotheby’s International Realty
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