Seller's Agent in 2024
Steven Mullins
Vista Sotheby’s International Realty
(310) 546-7611
33 in this area
74 Total Sales
60 15th St Hermosa Beach, CA 90254
6
Beds
6
Baths
7,903
Sq Ft
8,573
Sq Ft Lot
Highlights
- Ocean View
- Beach Access
- Across the Road from Lake or Ocean
- Hermosa Valley Elementary School Rated A
- Fishing
- 1-minute walk to Noble Park
About This Home
As of April 2024Iconic Hermosa Beach trophy property, The Beach House, is now available with a 3.08% Assumable Interest Only Loan - Matures 6/1/2030. This fully furnished renovated property sits just a few doors from the Hermosa Strand and Hermosa’s world class volleyball and beaches. Completely renovated in 2019 with another refresh in 2022 by the current owners, this property is fully stabilized with a 3.08% assumable interest only loan. This 3.08% loan is like going back in time and even better, it does not mature until June 1, 2030. It includes 15 1-bedroom/1-bath units and one 2-bedroom/2-bath unit, each loaded with amenities. Your tenants just have to unpack their clothes and start renting at strong proven rents. The units include washer/dryer, television, wifi, heating and cooling, stainless steel appliances, and beautiful interiors. The courtyard is truly a unique gathering place for all tenants. It includes 3 large TVs, full WIFI coverage, a built-in bbq, custom fire-pit, full size bar and 5 daybeds. The amenities continue with an on-site workout room/gym and 16 enclosed garages. The property is fully gated within an amazing community just steps from Pier Avenue and the bars, restaurants, yoga studios and other attractions. Again, don't forget you can go back in time and get a 3.08% Assumable Interest Only Loan - Matures 6/1/2030.
Last Agent to Sell the Property
Vista Sotheby’s International Realty License #01487977 Listed on: 09/15/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 8,573 Sq Ft Lot
- Lot Dimensions are 90x95
- Two or More Common Walls
- Security Fence
- Level Lot
Parking
- 16 Car Garage
- Parking Available
- Front Facing Garage
- Rear-Facing Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Apartment
- Turnkey
- Flat Roof Shape
- Slab Foundation
- Stucco
Interior Spaces
- 7,903 Sq Ft Home
- 2-Story Property
- Furnished
- Dual Staircase
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Laminate Flooring
- Ocean Views
Kitchen
- Electric Oven
- Electric Cooktop
- Range Hood
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Beach Access
- Ocean Side of Highway 1
- Balcony
- Fire Pit
Location
- Across the Road from Lake or Ocean
- Property is near a park
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities, cable TV, exterior maintenance
- Legal Lot and Block 14 / 15
- Tax Tract Number 6211
- Assessor Parcel Number 4183004010
Community Details
Recreation
- Fishing
- Park
- Water Sports
- Bike Trail
Building Details
- 16 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $9,600
- Maintenance Expense $10,800
- Other Expense $32,400
- New Taxes Expense $165,000
- Operating Expense $218,945
- Gross Income $786,600
- Net Operating Income $547,302
Additional Features
- 16 Units
- Gated Community
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $13,887,500 | -5.5% | $1,757 / Sq Ft |
| 02/14/2024 02/14/24 | Pending | -- | -- | -- |
| 10/13/2023 10/13/23 | Price Changed | $14,700,000 | -2.0% | $1,860 / Sq Ft |
| 09/15/2023 09/15/23 | For Sale | $14,995,000 | +17.6% | $1,897 / Sq Ft |
| 03/15/2022 03/15/22 | Sold | $12,750,000 | 0.0% | $1,613 / Sq Ft |
| 03/15/2022 03/15/22 | Pending | -- | -- | -- |
| 03/15/2022 03/15/22 | For Sale | $12,750,000 | 0.0% | $1,613 / Sq Ft |
| 06/09/2020 06/09/20 | Rented | $3,950 | +5.3% | -- |
| 03/19/2020 03/19/20 | Price Changed | $3,750 | +7.1% | $0 / Sq Ft |
| 11/01/2019 11/01/19 | For Rent | $3,500 | 0.0% | -- |
| 07/24/2019 07/24/19 | Sold | $7,855,000 | 0.0% | $994 / Sq Ft |
| 04/22/2019 04/22/19 | Pending | -- | -- | -- |
| 01/17/2019 01/17/19 | Off Market | $7,855,000 | -- | -- |
| 01/05/2019 01/05/19 | For Sale | $9,000,000 | +14.6% | $1,139 / Sq Ft |
| 11/07/2018 11/07/18 | Off Market | $7,855,000 | -- | -- |
| 10/16/2018 10/16/18 | Price Changed | $9,000,000 | -2.7% | $1,139 / Sq Ft |
| 08/27/2018 08/27/18 | For Sale | $9,250,000 | -- | $1,170 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Steven Mullins
-
NoEmail NoEmail
N
Buyer's Agent in 2024
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
2 in this area
5,810 Total Sales
-
William Joseph
Seller's Agent in 2022
William Joseph
Joseph Group
(310) 415-4655
30 in this area
71 Total Sales
-
S
Buyer's Agent in 2022
Stephen Mullins
Keller Williams Realty
-
Rachel Joseph
Seller Co-Listing Agent in 2020
Rachel Joseph
Joseph Group
(310) 956-2996
15 in this area
41 Total Sales
-
Steve Bogoyevac
S
Seller's Agent in 2019
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(562) 257-1200
96 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23172872
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Based on information from California Regional Multiple Listing Service, Inc. 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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