409 Hopkins Ave

Hermosa Beach, CA 90254 View Map $3,000,000 Schedule a Tour
Sq.Ft. Lot8,952
Year1974
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Status: Pending
Property Type:Duplex
MLS #:SB21092050
On Site:71 Days
Lot Size:8,952 Sq. Ft.
County:Los Angeles
This is a unique opportunity to own two beautiful homes on one massive ocean view lot in an excellent location in the South Hermosa Beach hills. The lot measures nearly 9,000 SF (45 x 210) and the homes are roughly 1750 Square feet each, each with private laundry and separate 2-car garage. The original builder of these homes has meticulously maintained them over the years, and so, these make excellent long term rentals. There are gorgeous stone counters in the kitchen and newer hardwood flooring. These are also perfect for an expanded family compound, AND this represents an incredible potential development opportunity now or in the future, for townhomes or a Planned unit Development for Ocean view homes. The views are stunning and superlative, and cannot be blocked by anything to the west. Each home has 3 Bedrooms and 2 baths, with plenty of outdoor living space. The rear house has a really massive two tiered yard. Given the lot size an ADU is even a possibility behind the rear house. So many possibilities for this truly amazing Property. Check out the drone video!! Must be closed contemporaneously with 337-339 Hopkins. The two parcels together total nearly 18,000 square feet! There is nothing that compares to this trophy opportunity when combined with the adjacent parcel. The video clearly demonstrates this.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
7/21/2021$2,850,000$3,000,0005.3%

Community Information

Address:409 Hopkins Ave Hermosa Beach, CA 90254
Area:150 - Hermosa Bch East
County:Los Angeles
City:Hermosa Beach
Zip Code:90254

Architecture

Year Built:1974
Construction Materials: Stucco
Building Area: 3512.0
Number of Buildings: 2
Total Units: 2
Unit 1: 1 Unit•3 Beds•2 Baths•Unfurnished•$4,800 actual rent•$5,500 total rent•$5,500 pro forma
Unit 2: 1 Unit•3 Beds•2 Baths•Unfurnished•$5,500 actual rent•$6,500 total rent•$6,500 pro forma
Roof: Rolled/Hot Mop, Tile
Foundation: Slab
Garage Spaces: 4.0
Parking Features: Assigned
Parking Total: 4.0

Features / Amenities

Interior Features: Beamed Ceilings, Balcony, Stone Counters, Entrance Foyer, Main Level Master, Walk-In Closet(s)
Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Water Heater, Refrigerator
Fireplace Features: Gas Starter, Living Room, Wood Burning
Flooring: Wood
Laundry: Washer Hookup, Gas Dryer Hookup, Inside
Security Features: Smoke Detector(s)
Common Walls: No Common Walls
Heating: Central

Rooms

Master Bedroom
Master Bedroom
Foyer
Entry/Foyer

Property Features

Lot Size: 0.21 Acres / 8,952 Sq. Ft.
Lot Features: Front Yard, Gentle Sloping, Lawn, Landscaped, NearPark, Near Public Transit, Rectangular Lot, SprinklersTimer, SprinklerSystem
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Zoning:HBR2YY
Directions:Cross Streets: 4th Street & Hopkins Ave.

Tax and Financial Info

Cap Rate: 3.18
Gross Income: $12,000
Gross Scheduled Income: $144,000
Net Operating Income: $95,279
Gardener Expense: $2,400
Insurance Expense: $1,500
Maintenance Expense: $7,200
New Taxes Expense: $33,000
Trash Expense: $409
Water/Sewer Expense: $1,332
Operating Expense: $45,841
Disclosures: Principal is Real Estate Licensed

Listing Agent/Office

Listing provided courtesy of Greg Geilman, Corcoran Global Living.

Schools

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409 Hopkins Ave Hermosa Beach, CA 90254
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409 Hopkins Ave Hermosa Beach, CA 90254
 
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Based on information from California Regional Multiple Listing Service, Inc. as of September 28, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
Property Summary:
Home for sale at .

Description: The home at 409 Hopkins Ave Hermosa Beach, CA 90254 with the MLS Number SB21092050 is currently listed at $3,000,000 and has been on the Hermosa Beach market for 70 days.

GeoCoordinates:
-118.38913
33.858377

List Price: $3,000,000

You are viewing the MLS property details of the home for sale at 409 Hopkins Ave Hermosa Beach, CA 90254, which includes 0 bedrooms, 0 bathrooms and has approximately 0 sq.ft. of living area.