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444 Ocean View Ave, Hermosa Beach, CA, 90254
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444 Ocean View Ave Hermosa Beach, CA, 90254

$1,999,000 $51,000 Home for sale 1 bed 2 baths 1,319 sqft

Tremendous opportunity for developers and owner/users alike. Project is shovel ready, and includes fully-approved, ready-to-issue permits. Purchase includes architectural plans for two stunning, detached coastal-modern townhomes conceptualized by Wolf Brothers Development and designed by Mark Trotter of Trotter Building Designs. Concave, R2 lot offers the potential for spectacular, panoramic ocean views from both units. Projected building costs and recent sales comps make this an excellent ROI opportunity. // Plans show 6,336 total square feet split between two luxurious freestanding, multi-level homes each with an elevator. UNIT A: 3 beds, 4 baths, 2,671sf of living space, with 706sf of decks including a huge rooftop deck. UNIT B: 4 beds, 5 baths, den, bonus room, 3,665sf of living space, with 528sf of decks. Both units offer MASSIVE ocean views stretching from Palos Verdes to Malibu. // Run the numbers, you’ll like what you see: comps easily support $950-$1,000/sf. Location is excellent: steps to award-winning schools, world-famous beaches, fine dining, and lively nightlife. Buy today and bypass the 1-2 years waiting for permits with the city building department. All due diligence is completed, you can start building these beautiful homes immediately. // View the YouTube link
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Property details

1,319 sqft interior area
Property type
Home
Interior area
1,319 sqft
View
Ocean
Land area
4,360 sqft (0.10 acres)
Price per sqft
$1,515/sqft
Days on Verhouse
123
Address
444 Ocean View Ave, Hermosa Beach, CA, 90254
City of California
Hermosa Beach
County
Los Angeles
Previous price
$2,050,000
nr.of parking places
2
Stories
1
Year Built
1949
District
Listing
Stories
One Story

Open Houses

No upcoming open houses

Interior Features

2 parking places
Beds
1
Baths
2
Stories
One Story
Parking
2
Garage & Parking
Attached
Fireplaces
See Remarks
Laundry Features
None, See Remarks
Heathing & Cooling
None, See Remarks

Listed by

Alex Wolf, Compass
Name
Alex Wolf
License number
01788977
Brokerage company
Compass
MLS #
CRSB24001294

Payment calculator

Calculate your monthly payments
Mortgage
$6,138
Taxes
$0
HOA dues
$0
$6,138 per month
Mortgage
$399,800 / 20%
2.28%
30 years
Your amount $6,138 / month

Exterior Features

Pool
None

Lot details

TMK #4186019003
Parcel nr.
4186019003

90254 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 90254

44%
Families with children
National average: 39%
38%
Non family households
380,302
Population
$134,279
Average Income

Age & gender

Median age 41 years
More info

Commute types

84% commute by car
More info

Education level

36% have bachelor education
More info

Number of employees

2% work in management
More info

Vehicles available

45% have 2 vehicle
More info

Vehicles by gender

45% have 2 vehicle
More info

Housing market insights for

$2.01m
Neighborhood average
sales price*
$1.61m
Neighborhood median
sales price*
532
Number
of sales*

Housing type

50% are single detacheds
More info

Rooms

37% of the houses have 4 or 5 rooms
More info

Bedrooms

61% have 2 or 3 bedrooms
More info

Owners vs Renters

54% are owners
More info
16.67 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease Mar 22, 2024
Date Event Price $/sqft Source
Mar 22, 2024 Price Decrease $1,999,000 -2.49% 1515.54 MLS #CRSB24001294
Jan 9, 2024 New Listing $2,050,000 +2.55% 1554.21 MLS #CRSB24001294
Jan 9, 2024 New Listing $2,050,000 -6.61% 470.29 MLS #CRSB24001321
Mar 22, 2024 Price Decrease $1,999,000 -2.49% 458.59 MLS #CRSB24001321
Dec 1, 2023 Temporarily Withdrawn $2,195,000 503.56 MLS #CRSB23213596
Nov 17, 2023 New Listing $2,195,000 503.56 MLS #CRSB23213596
Jan 5, 2024 Withdrawn $2,195,000 1664.14 MLS #CRSB23162066
Dec 1, 2023 Temporarily Withdrawn $2,195,000 1664.14 MLS #CRSB23162066
Nov 15, 2023 For sale $2,195,000 1664.14 MLS #CRSB23162066
Oct 24, 2023 Unavailable $2,195,000 0 MLS #CRSB23162066
Oct 23, 2023 Price Decrease $2,195,000 -7.77% 1664.14 MLS #CRSB23162066
Sep 1, 2023 New Listing $2,380,000 1804.4 MLS #CRSB23162066

Taxes of 444 Ocean View Ave, Hermosa Beach, CA, 90254

HBR2 zoning / MLS #CRSB24001294
Zoning
HBR2

Agent viewpoints of 444 Ocean View Ave, Hermosa Beach, CA, 90254

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Frequently Asked Questions about 444 Ocean View Ave

What is 444 Ocean View Ave?

444 Ocean View Ave, Hermosa Beach, CA, 90254 is a single family home located in the city of Hermosa Beach, California with zipcode 90254. This single family home has 1 bedroom & 2 bathrooms with an interior area of 1,319 sqft.

Which year was this home built?

This home was build in 1949.

What is the full address of this Home?

444 Ocean View Ave, Hermosa Beach, CA, 90254.

Are grocery stores nearby?

The closest grocery stores are Trader Joe's, 0.39 miles away and Smart & Final Plus, 0.46 miles away.

What is the neighborhood like?

The 90254 zip area has a population of 380,302, and 44% of the families have children. The median age is 41.34 years and 84% commute by car. The most popular housing type is "single detached" and 54% is owner.

Based on information from the bridgeMLS as of 05-10-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Mar 22, 2024
Verhouse Last checked 4 minutes ago

444 Ocean View Ave, Hermosa Beach, CA, 90254 is a single family home located in the city of Hermosa Beach, California with zipcode 90254. This single family home has 1 bedroom & 2 bathrooms with an interior area of 1,319 sqft on a 4,359 sqft sqft lot. This house was build in 1949.
The closest grocery stores are Trader Joe's, 0.39 miles away and Smart & Final Plus, 0.46 miles away.
The 90254 zip area has a population of 380,302, and 44% of the families have children. The median age is 41.34 years and 84% commute by car. The most popular housing type is "single detached" and 54% is owner.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home For sale $2m  $51,000 444 Ocean View Ave, Hermosa Beach, CA, 90254 1 bed / 2 baths / 1,319 sqft Save House Remove from Saved