1022 17th St., Hermosa Beach, CA 90254 - SB20133833 - iPro Real Estate
iPro Real Estate

iPro Real Estate

For Sale

$1,699,000 $1,107.56 per sqft

Free Professional CMA

Listing ID : CRSB20133833

  • Beds

    3
  • Baths

    2/0
  • Garage

    2
  • Structure / Lot Size

    1,534 Sqft / 0.1287 Acre
  • Year

    1956

Description

This is one of those rare properties that has been coveted over the years by developers and buyers that want to develop for themselves. It hasn't ever been available for sale until now! Why has it been covered? Firstly it's perched high in the Hermosa Hills and promises commanding views from each of the two townhomes that could be developed, with monstrous panoramic ocean views from the roof decks. The lot is 40 x 140, and because the whole area falls off to the south west and the lot is down-sloping, a new back unit should have excellent vistas to the ocean in the southwest, AND from the front unit one should be able to see over the top of it, and everything else in that direction. 17th Street is a highly sought after street with many newer homes and townhomes. A buyer will, of course, need to verify exactly what can be built and how good the views could actually be. We have drone shots from various heights depicting how good the views could potentially be. There are currently two small homes on the sight. One has a long term tenant paying very low rent; 2 bedrooms, 1 bathroom. The other unit has been used as storage and "needs everything" done to it; 1 bedroom, 1 bathroom. To be clear, this is a land value proposition. That being said, for the right buy

Details

Type: Other 
Subdivision: 150 - Hermosa Bch East 
County: Los Angeles 
Tax ID: 4185004003
School District: Hermosa
Building Size: 1,534 SqFt 
Days on Market: 507 
Cooling: Other 
Property Type: Residential Sale 
View: Other, Hills, Ocean, Panoramic, Water 
Water: District - Public 

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Interactive

33.867596 -118.391693 $1,699,000 SB20133833
1022 17th St., Hermosa Beach, CA 90254
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Area Information 90254

Population:

19,691 Up .01% since 2010
Average Income:
$139,572
Average Age:
37Years
Gender:
52.46%Male
47.54%Female
Households:
9,61719.17% with children
Average Value:
$1,896,349
Occupancy:
43.8%Owned
56.2%Rented
6.54%Vacant
Education:
5.37%High School
6.04%Associate
43.95%Bachelor
25.64%Graduate
Average Residency:
19Years
Crime Rate:
Average
Annual Rainfall:
13.23Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Below Average

Tax Assessments

Value

  • Land $69,472
  • Improvements $30,461

  • Total $99,933

Property Tax

  • 2020 $1,698

History

Date Transaction Price Mortgage Amt & Lender
Date
Dec 21, 2020
Transaction
Sold - ResidentialCRSB20133833
Price
$1,725,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Greg Geilman with RE/MAX Estate Properties

Based on information from the MLSListings MLS) as of 11/29/2021. 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.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 11/29/2021. 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. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes