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 f
MLS #
CRSB24001294
MLS Source
California Regional MLS
Days on Site
143
Buyer's Brokerage Compensation*
2.50%
Fireplace
Other
Laundry
None
Cooling
None, Other
Pool
None
Garage/Parking
Garage: 2 Car(s)
Elementary District
Manhattan Beach Unified
High School District
Manhattan Beach Unified
HOA Fee
$0
Zoning
HBR2YY
Listing Agent
Alex Wolf
Compass
License #: 01788977
Phone: (310) 376-8871
Co-Listing Agent
Alex Wolf
Compass
License #: 01788977
Phone: (310) 376-8871
444 Ocean View Ave is a Single Family Residence in Hermosa Beach, CA 90254. This 1,319 square foot property sits on a 4,359 Sq Ft Lot and features 1 bedrooms & 2 full bathrooms. It is currently priced at $1,999,000 and was built in 1949.
This address can also be written as 444 Ocean View Ave, Hermosa Beach, CA 90254.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of March 22, 2024. For the most current information, please contact Alex Wolf, (310) 376-8871