Property listed by Compass, Taya Dicarlo 310.431.8251
$2,595,000
This is a rare opportunity to build your dream home on a 53.72' x 100' ocean view lot! Offers amazing ocean views from the existing single-level home, but the property's true potential lies in creating a custom residence OR 2 residences with un-obstructable panoramic views stretching from Catalina Island to… Read More Malibu, taking full advantage of its prime hilltop location. The existing 1,595 sqft single level home features 3 bedrooms, 2 baths, a living room w/ wood-burning fireplace, plus a permitted sunroom/den, offering flexible living space with gorgeous ocean views, that opens directly into the fenced, very private & peaceful backyard. The home is in great condition & move-in ready, with recent upgrades including a new roof, beautifully refinished original red oak hardwood floors, newly painted interior/exterior, newer garage door, brand-new carpet in the primary bedroom & sunroom, & newer dual paned double-hung windows. 2-car garage features a dedicated laundry area & abundant storage space. While the home is perfectly comfortable to live in as-is or while you plan your vision, the true value lies in building new construction. The lot offers expansive un-obstructable 180-degree ocean views from a potential 2-3 story build. With the recently passed SB9 law, one could build two new primary units or maintain the lot as-is for a 2-3 story full ocean-view single-family residence w/ rooftop deck + the option for an ADU, providing valuable flexibility for future development. Centrally located between MB & HB downtown areas, this property is literally just steps from Valley Park & the scenic & leisurely 3.9-mile Hermosa Valley Greenbelt. You're just a 1/2 mile to one of SoCal’s most iconic & picturesque sandy beaches & just blocks from award-winning Hermosa Valley, Hermosa Vista Elementary & Mira Costa High School. Plus, you are just a short stroll away to downtown Hermosa Manhattan for dining, shopping & recreation. Just 6 miles from LAX & 9 miles from SoFi stadium. Commuting is extremely convenient with easy access to PCH & nearby essential amenities such as Lazy Acres, Vons, Starbucks, and CVS, along with banks, places of worship, and the post office within blocks. This beach home offers the perfect blend of privacy & convenience in a vibrant community. One of of the most competitive prices west of PCH for an un-blockable ocean-view lot of this scale. Sold as-is, it’s an outstanding opportunity to capitalize on a prime piece of Southbay real estate. Read Less
Listing Snapshot
Days Online
33
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,595
Lot Size
0.12 Acres
Year Built
1952
MLS Number
SB24219799
30 Days Snapshot Of 90254
$4,063k
+54%
(avg) sold price
7
-50%
homes sold
142
+67%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasOven, GasRange, Refrigerator
Building
Built in 1952, Levels: One, Living area: 1595, 1 story, Architectural style: Traditional, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of 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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