337 Hopkins Ave

Hermosa Beach, CA 90254 View Map $2,900,000 Ask a Question
Sq.Ft. Lot8,911
Year1933
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(310) 341-2017

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Status: Sold
Property Type:Duplex
MLS #:SB21158967
Date Sold:10/15/2021
Lot Size:8,911 Sq. Ft.
County:Los Angeles
To state that this is a very special property and a very special opportunity does not really do justice to this trophy offering. Selling together with 409-411 Hopkins these constitute a nearly 18,000 square foot combined parcel with panoramic unobstructed ocean views. Two large usable homes on this lot as well in excellent condition renting for $5450 front house and $5,750 rear house. Front house just leased for a year, back house rent is low. BIG views from each. 337 started as a vintage duplex built in 1933, which the owners combined into a single family home in the 1980s when they built 339. Each has 3 bedrooms with gracious living space and really astonishing panoramic interior views. 337 has a two car garage PLUS what used to be the old "two" car garage behind the current garage, which is now an enormous shop, storage, bonus room. 339 is newer and has a wonderful floor plan with the master bedroom suite on the upper, view level, and a really large great room with killer views. This unit could be easily updated and would make a spectacular home and income opportunity. 339 has a huge 4 car garage. Develop the large combined parcel with two big houses on each, with larger lots than most of the neighboring SFRs and substantially better views. There is nothing like this property in Hermosa as it exists AND definitely nothing like it as a development. It would clearly establish record prices on sale out. Drive by (or check out the drone video) and you will understand exactly what I mean. We just fell out of escrow, so the opportunity is back again but won't last long!!

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
10/19/2021$3,000,000$2,900,000-3.3%

Community Information

Address:337 Hopkins Ave Hermosa Beach, CA 90254
Area:150 - Hermosa Bch East
County:Los Angeles
City:Hermosa Beach
Zip Code:90254

Architecture

Year Built:1933
Stories:2
Style:Mediterranean
Construction Materials: Stucco
Building Area: 4448.0
Number of Buildings: 2
Total Units: 2
Unit 1: 1 Unit•3 Beds•2 Baths•Unfurnished•$5,450 actual rent•$5,450 total rent•$5,750 pro forma
Unit 2: 1 Unit•3 Beds•2 Baths•Unfurnished•$5,750 actual rent•$5,750 total rent•$6,750 pro forma
Roof: Composition
Garage Spaces: 6.0
Parking Features: Driveway Down Slope From Street, Direct Access, Door-Single, Driveway, Garage Faces Front, Garage, Storage
Parking Total: 6.0

Features / Amenities

Interior Features: Balcony, CeramicCounters, Entrance Foyer
Fireplace Features: Gas Starter, Living Room
Flooring: Laminate, Wood
Laundry: Gas Dryer Hookup, Laundry Room
Common Walls: No Common Walls
Heating: Forced Air, Gravity

Rooms

Master Bedroom
Foyer

Property Features

Lot Size: 0.2 Acres / 8,911 Sq. Ft.
Lot Features: Sloped Down, Sprinklers In Rear, Sprinklers In Front, NearPark, Near Public Transit, SprinklersTimer, SprinklersOnSide
View: Catalina, Neighborhood, Ocean, Panoramic
Sewer: Public Sewer
Water: Public
Directions:Cross Streets: 4th Street & Hopkins Ave.

Tax and Financial Info

Buyer Financing: CashtoNewLoan
Cap Rate: 3.46
Gross Income: $12,500
Gross Scheduled Income: $150,000
Net Operating Income: $103,900
Gardener Expense: $2,400
Insurance Expense: $1,500
Maintenance Expense: $7,500
New Taxes Expense: $33,000
Trash Expense: $409
Water/Sewer Expense: $1,332

Listing Agent/Office

Listing agent / office Greg Geilman, Corcoran Global Living.

Schools

WALKING AND TRANSPORTATION

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Based on information from California Regional Multiple Listing Service, Inc. as of May 17, 2022. 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 337 Hopkins Ave Hermosa Beach, CA 90254 with the MLS Number SB21158967 is currently listed at $2,900,000 and has been on the Hermosa Beach market for 300 days.

GeoCoordinates:
-118.389076
33.858359

List Price: $2,900,000

You are viewing the MLS property details of the home for sale at 337 Hopkins Ave Hermosa Beach, CA 90254, which includes 0 bedrooms, 0 bathrooms and has approximately 0 sq.ft. of living area.