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60 15th Street

Hermosa Beach, CA 90254

– beds
– baths
– sqft
8,573 sqft lot
1959 build
– on site

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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.

Listed By CRMLS_CA / Steven Mullins / Vista Sotheby’s International Realty

Last checked: Checking… • Last updated May 1, 2024 •

MLS# SB23172872 —

The Building

Year Built:

1959
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Architectural Style:

Contemporary
Roof:

Flat
Entry Level:

1
Foundation:

Slab
Accessibility Features:

None
Common Walls:

2+ Common Walls
Faces:

North
Building Area Total:

7903.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

16
Stories Total:

2
# of Separate Gas Meters:

1
# of Separate Water Meters:

1
# of Separate Electric Meters:

1

Interior

Features:

2 Staircases, Balcony, Ceiling Fan(s), Furnished, Quartz Counters, Recessed Lighting
Levels:

Two
Entry Location:

1
Flooring:

Laminate
Fireplace:

Yes
Fireplace:

Gas, Fire Pit
Laundry:

Dryer Included, Inside, Washer Included
Laundry:

1

Location

Directions:

West of Hermosa Avenue
Latitude:

33.86411300
Longitude:

-118.40122500

The Property

Property Type:

Residential Income
Subtype:

Apartment
Property Condition:

Turnkey
Zoning:

HBR3YY
Lot Features:

Level, Park Nearby
Lot Size Area:

8573.0000
Lot Size Dimensions:

90x95
Lot Size Acres:

0.1968
Lot Size SqFt:

8573.00
Lot Size Source:

Assessor
Lot Dimensions Source:

Assessor
View:

1
View:

Ocean
Fencing:

Security
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

15
Tax Census Tract:

6210.05
Tax Tract:

6210.5
Tax Lot:

14

The Listing

Buyer's Brokerage Compensation:

2.000%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2
Parcel Number:

4183004010

Heating & Cooling

Heating:

1
Heating:

Ductless
Cooling:

Yes
Cooling:

Ductless

Utilities

Utilities:

Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Sewer:

Public Sewer
Electric:

Electricity - On Property
Water Source:

Public

Appliances

Appliances:

Dishwasher, Electric Oven, Electric Cooktop, Disposal, Microwave, Range Hood, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Features:

Biking, Curbs, Fishing, Park, Watersports
Pool:

None
Private Pool:

No
Waterfront Features:

Across the Road from Lake/Ocean, Beach Access, Ocean Side Of Highway 1
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Garage, Garage Faces Front, Garage Faces Rear, Garage Door Opener, On Site, Private
Parking Spaces:

16.00
Garage Spaces:

16.00

Extra Units

Average 1 Bed Area:

400
Average 2 Bed Area:

1000
Number With Dishwasher:

16
Number With Refrigerator:

16

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/30/24 Apr 30, 2024	Sold	CRMLS_CA	$13,887,500	-5.5%
2/15/24 Feb 15, 2024	Pending	CRMLS_CA	$14,700,000
10/13/23 Oct 13, 2023	Price Changed	CRMLS_CA	$14,700,000	-2.0%

Multifamily Sold on 4/30/2024

$13,887,500

Listing provided by broker:

Steven Mullins

Vista Sotheby’s International Realty

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Listing Courtesy of: CRMLS_CA and Vista Sotheby’s International Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 05:51 on May 19.

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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

60 15th Street

Hermosa Beach, CA 90254