16 16th Street, Hermosa Beach, CA 90254

$6,500,000

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List Price
$6,500,000
Status
ACTIVE
MLS#
SB26240159
Year Built
1964
Lot Size
3,918
Acres
0.09
Lot Location
Corner Lot, Walkstreet
Days on Market
8
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels

Property Description

Situated on an oversized corner lot along one of Hermosa Beach’s coveted walk streets, just one property from The Strand, 16 16th Street presents a rare opportunity to enjoy the quintessential coastal lifestyle with exceptional flexibility and future potential. Offering 3,918 square feet of land, an impressive 45 feet of walk street frontage, and 3,518 square feet of existing building space, the property enjoys a larger footprint than typically found in this highly desirable beachside setting, along with beach views and immediate proximity to the sand. The existing duplex features two spacious residences, each with its own deep garage accessed from the rear of the property. The lower residence offers four bedrooms and two bathrooms, while the upper residence features four bedrooms and three bathrooms, including a bedroom and bathroom configured as a separate studio with its own private entrance. This versatile arrangement creates multiple possibilities for rental income, extended living, or personal use. Whether envisioned as a full investment property, an owner-occupied residence with supplemental rental income, or an opportunity to generate income while pursuing plans and permits for a custom coastal dream home, the property offers remarkable versatility in an irreplaceable location. Just steps from the sand, a one-minute walk to Noble Park, and a short stroll to the Hermosa Beach Pier and the vibrant restaurants, boutiques, and entertainment along Pier Avenue, this is an opportunity to embrace the best of Hermosa Beach living while securing a substantial parcel in one of the South Bay’s most sought-after coastal neighborhoods.

Additional Information

Association Amenities
Water
Appliances
Dishwasher, Disposal, Gas Range, Refrigerator
Pool Description
None
Fireplace Description
Living Room, Wood Burning
Heat
Central
Cooling Description
None
View
Ocean, Water
Exterior Construction
Stucco
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Ceiling Fan(s), Quartz Counters, Bedroom on Main Level, Primary Suite
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$156,000
Operating Expense
2000

Listing courtesy of Listing Agent: Edward Kaminsky (EK@ITZSOLD.COM) from Listing Office: eXp Realty of California, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.