60 15th Street, Hermosa Beach, California 90254

$14,700,000
$14,995,000

Overview

Property ID: SB23172872

Apartment, Residential Income
Property Type

16.0
Garages

7903 Sqft
Area Size

1959
Year Built

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.

Address

Open on Google Maps

Address: 60 15th Street
State/county: CA
Zip/Postal Code: 90254
Country: US

Details

Updated on May 1, 2024 at 2:19 am

Property ID SB23172872
Price $14,700,000
Property Size 7903 Sqft
Land Area 0.1968 Acres
Garages 16.0
Year Built 1959
Property Type Apartment, Residential Income
Property Status Closed

Additional details

Listing Terms Contract
Roof Flat
Utilities Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Sewer Public Sewer
Cooling Ductless
Heating Ductless
Flooring Laminate
County Los Angeles
Property Type Residential Income
Pool None
Parking Garage Faces Front, Garage, Garage Door Opener, On Site, Private, Garage Faces Rear
Community Features Biking, Curbs, Fishing, Water Sports, Gated, Park
Waterfront Across the Road from Lake/Ocean, Beach Access, Ocean Side Of Highway
Architectural Style Contemporary