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60 15th St, Hermosa Beach, CA, 90254
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Commercial sold for $13,887,500 in 229 days

60 15th St Hermosa Beach, CA, 90254

Off the market Other

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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% A
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Property details

7,903 sqft interior area
View
Ocean
Land area
8,573 sqft (0.20 acres)
Address
60 15th St, Hermosa Beach, CA, 90254
City of California
Hermosa Beach
County
Los Angeles
Previous price
$14,995,000
Year Built
1959
District
Listing
Virtual Tour

Nearby major retailers

Costco
Walmart Neighborhood Market
Toyota
T-Mobile
Trader Joe's
Whole Foods Market
Wholesale: 1
Supermarket: 10
Car: 1
Mobile phone: 5
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Interior Features

Laminate floors
Floor Covering
Laminate
Garage & Parking
Other, Garage Faces Front, Garage Faces Rear, Private
Amenities
Other
Appliances
Dryer

Listed by

Steven Mullins, Vista Sotheby’s International Realty
Name
Steven Mullins
License number
01487977
Brokerage company
Vista Sotheby’s International Realty
MLS #
CRSB23172872

Buyer agent

Name
General Nonmember
Brokerage company
NONMEMBER MRML

Payment calculator

Calculate your monthly payments
Mortgage
$42,638
Taxes
$0
HOA dues
$0
$42,638 per month
Mortgage
$2,777,500 / 20%
2.28%
30 years
Your amount $42,638 / month

Exterior Features

Stucco construction
Construction
Stucco

Lot details

TMK #4183004010
Lot Description
Level, Other
Parcel nr.
4183004010

90254 info

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

People living in 90254

45%
Families with children
National average: 39%
38%
Non family households
342,934
Population
$135,765
Average Income

Age & gender

Median age 41 years
More info

Commute types

84% commute by car
More info

Education level

37% have bachelor education
More info

Number of employees

2% work in management
More info

Vehicles available

46% have 2 vehicle
More info

Vehicles by gender

46% have 2 vehicle
More info

Housing market insights for

$2.16m
Neighborhood average
sales price*
$1.71m
Neighborhood median
sales price*
477
Number
of sales*

Housing type

52% 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

55% are owners
More info
14.83 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold Apr 30, 2024
Date Event Price $/sqft Source
Apr 30, 2024 Sold $13,887,500 0 Public Record
Apr 30, 2024 Price Decrease $13,887,500 -5.53% 0 MLS #CRSB23172872
Feb 15, 2024 Pending $14,700,000 0 MLS #CRSB23172872
Oct 26, 2023 For sale $14,700,000 0 MLS #CRSB23172872
Oct 24, 2023 Unavailable $14,700,000 0 MLS #CRSB23172872
Oct 13, 2023 Price Decrease $14,700,000 -1.97% 0 MLS #CRSB23172872
Sep 15, 2023 New Listing $14,995,000 0 MLS #CRSB23172872

Taxes of 60 15th St, Hermosa Beach, CA, 90254

HBR3 zoning / MLS #CRSB23172872
Zoning
HBR3

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Frequently Asked Questions about 60 15th St

What is 60 15th St?

60 15th St is a Commercial/Industrial propertywith 7,903 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

60 15th St, Hermosa Beach, CA, 90254.

What comparable properties are nearby?

Comparable nearby commercial properties include 1242 Hermosa Ave, 1731 Pacific Coast Hwy, 901 N Pacific Coast, 717 S Pacific Coast, 3621 N Sepulveda Blvd, 3901 Highland Ave.

Based on information from the bridgeMLS as of 05-21-2024. 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: May 01, 2024
Verhouse Last checked less than a minute ago


The closest grocery stores are Vons 2110, 0.41 miles away and Trader Joe's, 0.54 miles away.
The 90254 zip area has a population of 342,934, and 45% of the families have children. The median age is 41.51 years and 84% commute by car. The most popular housing type is "single detached" and 55% is owner.
Commercial Sold $13.89m 60 15th St, Hermosa Beach, CA, 90254 Save House Remove from Saved