24 11th Court
Hermosa Beach, CA, 90254 $ 2,750,000
Bedrooms1 Baths1.0 Sq 1,622 Monthly Estimate*
$ 16,470
Listed by Keller Williams Palos Verdes
for $2,750,000 with 1 bedroom and 1 full bath. This 1,622 square foot home was built in 1922 on a lot size of 0.0655.
Beach life, at a spectacular price! A remarkable opportunity awaits you in the heart of Hermosa Beach, one of the most desirable and sought-after coastal towns. Just steps away from white sandy beaches, sparkling blue waters, and breathtaking sunsets, this triplex offers the chance to own your slice of coastal paradise where the beach is practically your backyard. Whether you're an investor, a first time-homebuyer or looking to downsize from a large home, enjoy this versatile property all to yourself or with friends and family. This triplex has endless potential! Live in the charming front bungalow while renting out the rear units, or choose to rent out all three units for maximum income. All units vacant, allowing you to rent them out at current market rates. The front of the property, facing 10th Street, features a detached, 1-bedroom, 1-bathroom beach bungalow. This cozy home offers a sun-filled living room, a welcoming dining area, and a bright, spacious kitchen with ample cabinetry—perfect for preparing your favorite meals. At the rear of the property, facing 11th Court, you'll find a detached two-story building. The lower and upper units each have 1 bedroom and 1 bathroom, with separate entrances for added privacy. The upper unit boasts a stunning view of the beach. Additionally, each unit has its own private laundry area, eliminating the need for tenants to seek out a laundromat. A spacious courtyard and patio separate the front bungalow from the rear units, creating the feel of two distinct properties. These outdoor spaces provide plenty of room for gatherings, summer barbecues, and soaking up the coastal ambiance. Whether you're seeking an investment opportunity or a personal beachside retreat, this coastal gem promises the lifestyle you've always dreamed of. With the upcoming LA28 Olympics and the growing demand for rentals, this is a long-term investment that will pay off for years to come. Located just a block from the vibrant Pier Avenue and everything Hermosa Beach offers, you'll never have to drive again. You’re walking distance with immediate access to top-rated gourmet restaurants, coffee shops, boutiques, gyms, yoga studios, grocery stores, library, farmers market and so much more. Plus, with Manhattan Beach and Redondo Beach just a mile away, you're at the center of the best that coastal living has to offer. This is the beach life you've always dreamed of- make it your reality today!
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FeaturesGeneralInterior Features OpenFloorplan
Sewer PublicSewer
Heating ForcedAir WallFurnace
Cooling None
Appliances GasOven GasRange Refrigerator
Zoning HBR3YY
HOA Fee 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1922
Tenant Pays Electricity Gas
View Neighborhood Ocean
Property SubType Triplex
Gross Income 0.0
Community Features Suburban WaterSports
County Los Angeles
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Special Listing Conditions Trust
Status Active
Directions Font bungalow Faces North- 10th St (23 10th St). Back units faces South 11th court alley (24 11th ct)
City Hermosa Beach
Entry Location front door
Senior Community Y/N N
NumberOfUnitsTotal 3
MLS Area 148 - Hermosa Bch Sand
Lot Size Units SquareFeet
Lot Size Square Feet 2853.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Number of Units Leased 1
Terms Cash CashToNewLoan Conventional
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 100.0
Water Sewer Expense 150.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://24eleventhCt.com/idx https://24eleventhCt.com/
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 20
Total Actual Rent 1500.0
Property Sub Type Additional Triplex
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InteriorFlooring Carpet Laminate
Fireplace Features None
Total Stories 2
Common Walls OneCommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features Outside
Entry Level 1
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ExteriorParking Features OnStreet
Lot Features Landscaped
Water Source Public
Total Parking 0.0
Lot Size Area 2853.0
Number of Buildings 2
Spa N
Building Area Total 1622.0
Lot Size Acres 0.0655
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByKeller Williams Palos VerdesBroker
Affordability Calculator
- Monthly Principal & Interest
- $16,470
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Hermosa Beach, CA
Average List Price $4,398,667
Percent of Sale Price 60%
About Hermosa Beach, CA 19,507 Population
6% Since 2002
$ 126,294 Median Income
40.13 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
10/18/2024 | $2,750,000 | -3.51% | Price Down |
8/31/2024 | $2,850,000 | -5.00% | Price Down |
8/15/2024 | $3,000,000 | | Listed Price |