444 Ocean View Avenue

Hermosa Beach, CA 90254

$1,999,000
Price
4,359 / 0.10
Lot Size / Acres

Description

Tremendous opportunity for developers and owner/users alike. Project is shovel ready, and includes fully-approved, ready-to-issue permits. Purchase includes architectural plans for two stunning, detached coastal-modern townhomes conceptualized by Wolf Brothers Development and designed by Mark Trotter of Trotter Building Designs. Concave, R2 lot offers the potential for spectacular, panoramic ocean views from both units. Projected building costs and recent sales comps make this an excellent ROI opportunity....Tremendous opportunity for developers and owner/users alike. Project is shovel ready, and includes fully-approved, ready-to-issue permits. Purchase includes architectural plans for two stunning, detached coastal-modern townhomes conceptualized by Wolf Brothers Development and designed by Mark Trotter of Trotter Building Designs. Concave, R2 lot offers the potential for spectacular, panoramic ocean views from both units. Projected building costs and recent sales comps make this an excellent ROI opportunity. // Plans show 6,336 total square feet split between two luxurious freestanding, multi-level homes each with an elevator. UNIT A: 3 beds, 4 baths, 2,671sf of living space, with 706sf of decks including a huge rooftop deck. UNIT B: 4 beds, 5 baths, den, bonus room, 3,665sf of living space, with 528sf of decks. Both units offer MASSIVE ocean views stretching from Palos Verdes to Malibu. // Run the numbers, you’ll like what you see: comps easily support $950-$1,000/sf. Location is excellent: steps to award-winning schools, world-famous beaches, fine dining, and lively nightlife. Buy today and bypass the 1-2 years waiting for permits with the city building department. All due diligence is completed, you can start building these beautiful homes immediately. // View the YouTube link for an immersive video flythrough of the finished property. Please contact listing agent for floor plans and further details.

Listing Agents

  1. Alex Wolf

    Alex Wolf

    Listing Agent

    Compass

    DRE #01788977

    alex.wolf@compass.com

    P: 310.499.6823

  2. Tyler Wolf

    Tyler Wolf

    Alternative Listing Agent

    Compass

    DRE #01426713

    tyler.wolf@compass.com

    P: 310.947.9484

Property Details for 444 Ocean View Avenue

View
Neighborhood, Ocean
Lot Size Source
Assessor
Assessor Parcel Number
4186-019-003
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Compass, Alex Wolf, DRE #01788977; Compass, Tyler Wolf, DRE #01426713
Add your commute
LISTING UPDATED: 03/22/2024 06:25 AM

Property Details for 444 Ocean View Avenue

StatusActive
MLS #SB24001321
Days on Market110
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.10 AC
CountyLos Angeles County

Location

Listing Courtesy of Compass, Alex Wolf, DRE #01788977; Compass, Tyler Wolf, DRE #01426713
Add your commute

Building Information for 444 Ocean View Avenue

Lot Size0.10 AC

Payment Calculator

$11,599 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,909

Property Taxes

$690

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 444 Ocean View Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Census Tract: 6211.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Curbs, Watersports
Property / Structure Info
Exterior Features
  • View Description: Ocean
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre, Tear Down
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 444 Ocean View Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 444 Ocean View Avenue

Taxable ValueLand$701,197Additions$38,561Total$739,758
Tax Record2023$8,284 ($690 / month)
Home Facts
Beds1Total Finished SqFt1,319 SqFtAbove Grade Finished SqFt1,319 SqFtStories1Lot Size4,359 SqFtStyleSingle Family ResidenceYear Built1949ZoningHBR2YYCountyLOS ANGELESAPN4186-019-003

Schools near 444 Ocean View Avenue

This home is within Hermosa Beach City Elementary School District.
Rating
School
Type
Grades
Distance
Public - 4 to 8
Public - K to 3
Private - PK to 8
Private - 6 to 12
Rating
School
Distance
Hermosa Valley Elementary School
Public4 to 8

Hermosa View Elementary School
PublicK to 3

Our Lady Of Guadalupe Elementary School
PrivatePK to 8

Fusion Academy Sb: South Bay
Private6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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444 Ocean View Avenue is a 0.10 ac of land for sale in Hermosa Beach, CA 90254. This property was listed for sale on January 9, 2024 by Compass, it's currently listed at $1,999,000. It has been on the market for a total of 110 days and was last sold on January 17, 2019. This listing's school district is Hermosa Beach City Elementary School District. Nearby schools include Hermosa Valley Elementary School, Hermosa View Elementary School and Our Lady Of Guadalupe Elementary School. 444 Ocean View Avenue is a 0-bed, 0-bath, 0.10 ac of land on a 4,359 sq. ft. / 0.10 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Alex Wolf, DRE #01788977; Compass, Tyler Wolf, DRE #01426713

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.