60 15th Street, Hermosa Beach, CA 90254 | MLS #SB23172872 | Vista Sotheby’s International Realty
 
  • 212 days on site
  • 74 views

Iconic 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.

Listed by:

Vista Sotheby's International Realty

Source: CRMLS, MLS#: SB23172872

  • Property Type
    ResidentialIncome
  • Lot
    0.20 Acres
  • Price / Sq Ft
    $1,860

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Steven Mullins
  • Median Age
    40
  • Population Density
    9,471
  • College Educated
    81%
  • Estimated Median Monthly Income
    $142,500
  • Estimated Total Home Owners
    4,309
  • Estimated Total Renters
    4,287
  • Owner / Renter Divide
    50% / 50%
  • Estimated Average Household Size
    2
  • Total Population
    19,147
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
*Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Life at 60 15th Street


Schools

5
Hermosa Valley Elementary
  • Grades: 4-8
  • Public
5
Hermosa Valley Elementary
  • Grades: 4-8
  • Public
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

History

Date Event Value Agent
2/15/2024Source: CRMLS Status Change
Pending
Steven Mullins
Listing Agent
2/15/2024Source: bridgeMLS Status Change
Pending
10/13/2023Source: CRMLS Price Reduction
$14,700,000 -2.0%
Steven Mullins
Listing Agent
9/15/2023Source: CRMLS Added to Database
September 15, 2023
Steven Mullins
Listing Agent
10/18/2022Source: CRMLS Added to Database
October 18, 2022
10/7/2022Source: CRMLS Added to Database
October 07, 2022
9/16/2022Source: CRMLS Added to Database
September 16, 2022