1022 17th Street, Hermosa Beach, CA 90254 (MLS # SB20133833)

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PRICE $1,699,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,534 sqft
LOT SIZE 5,607 sqft

This is one of those rare properties that has been coveted over the years by developers and buyers that want to develop for themselves. It hasn’t ever been available for sale until now! Why has it been covered? Firstly it's perched high in the Hermosa Hills and promises commanding views from each of the two townhomes that could be developed, with monstrous panoramic ocean views from the roof decks. The lot is 40 x 140, and because the whole area falls off to the south west and the lot is down-sloping, a new back unit should have excellent vistas to the ocean in the southwest, AND from the front unit one should be able to see over the top of it, and everything else in that direction. 17th Street is a highly sought after street with many newer homes and townhomes. A buyer will, of course, need to verify exactly what can be built and how good the views could actually be. We have drone shots from various heights depicting how good the views could potentially be. There are currently two small homes on the sight. One has a long term tenant paying very low rent; 2 bedrooms, 1 bathroom. The other unit has been used as storage and “needs everything” done to it; 1 bedroom, 1 bathroom. To be clear, this is a land value proposition. That being said, for the right buyer there may also be a usable income property here.

DAYS ON MARKET 29 LAST UPDATED 7/29/2020
YEAR BUILT 1956 COMMUNITY 150 - Hermosa Bch East
GARAGE SPACES 2.0 COUNTY Los Angeles
STATUS Pending PROPERTY TYPE(S) Single Family

SCHOOLS
School District Hermosa


ADDITIONAL DETAILS
AIR See Remarks
AIR CONDITIONING Yes
AREA 150 - Hermosa Bch East
FIREPLACE Yes
GARAGE Yes
HOA DUES 0.00
LOT 5606 sq ft
LOT DESCRIPTION Back Yard, Park Nearby
PARKING Spaces: 2.00
POOL DESCRIPTION None
SEWER Public Sewer
VIEW Yes
VIEW DESCRIPTION Catalina,Mountain(s),Ocean,Panoramic,Water
WATER Public
ZONING HBR2YY
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by : Greg Geilman CalDRE: 01788567, RE/MAX Estate Properties

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 8/7/20 2:49 PM PDT and /or other sources. 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

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