$2,900,000
$3,000,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
8,912 Sqft Lot
SOLD DATE : 10/15/2021
Key Details
Sold Price $2,900,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB21158967
Sold Date 10/15/21
HOA Y/N No
Year Built 1933
Lot Size 8,912 Sqft
Property Description
To state that this is a very special property and a very special opportunity does not really do justice to this trophy offering. Selling together with 409-411 Hopkins these constitute a nearly 18,000 square foot combined parcel with panoramic unobstructed ocean views. Two large usable homes on this lot as well in excellent condition renting for $5450 front house and $5,750 rear house. Front house just leased for a year, back house rent is low. BIG views from each. 337 started as a vintage duplex built in 1933, which the owners combined into a single family home in the 1980s when they built 339. Each has 3 bedrooms with gracious living space and really astonishing panoramic interior views. 337 has a two car garage PLUS what used to be the old "two" car garage behind the current garage, which is now an enormous shop, storage, bonus room. 339 is newer and has a wonderful floor plan with the master bedroom suite on the upper, view level, and a really large great room with killer views. This unit could be easily updated and would make a spectacular home and income opportunity. 339 has a huge 4 car garage. Develop the large combined parcel with two big houses on each, with larger lots than most of the neighboring SFRs and substantially better views. There is nothing like this property in Hermosa as it exists AND definitely nothing like it as a development. It would clearly establish record prices on sale out. Drive by (or check out the drone video) and you will understand exactly what I mean. We just fell out of escrow, so the opportunity is back again but won't last long!!
Location
State CA
County Los Angeles
Area 150 - Hermosa Bch East
Interior
Interior Features Balcony, CeramicCounters, EntranceFoyer
Heating ForcedAir, Gravity
Cooling None
Flooring Laminate, SeeRemarks, Wood
Fireplaces Type GasStarter, LivingRoom
Fireplace Yes
Laundry GasDryerHookup, LaundryRoom
Exterior
Garage DrivewayDownSlopeFromStreet, DirectAccess, DoorSingle, Driveway, GarageFacesFront, Garage, Storage
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs, Suburban, Sidewalks, Park
View Y/N Yes
View Catalina, Neighborhood, Ocean, Panoramic
Roof Type Composition
Total Parking Spaces 6
Private Pool No
Building
Lot Description SlopedDown, SprinklersInRear, SprinklersInFront, NearPark, NearPublicTransit, SprinklersTimer, SprinklersOnSide
Story Two
Entry Level Two
Sewer PublicSewer
Water Public
Architectural Style Mediterranean
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4186019030
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "