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500 11th Street, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 3 bed, 1 bath

500 11th Street, Hermosa Beach, California 90254 home-pic-0
ACTIVE$2,400,000
500 11th Street, Hermosa Beach, California 90254
3Beds
1Bath
1,053Sqft
5,010Lot
Year Built
1952
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$2,279
HOA
-
Days on market
-
Sold On
-
MLS number
PW25267210
Home ConditionTear down
Features
Good View: Park/Greenbelt
ViewPark/Greenbelt

About this home

We found 3 Cons,6 Pros. Rank: price - $2.40M(46th), sqft - 1053(12th), beds - 3(39th), baths - 1(15th).

A DIAMOND IN THE ROUGH! Nestled on a quiet street in sought after Hermosa Beach, this 3 bedroom, 1 bath single family home offers exceptional potential for anyone looking to make their beach dreams a reality. Featuring a one car garage plus storage space. This property provides the perfect canvas for your dream coastal retreat. This is a wonderful tear down or flip opportunity, ideal for developers, investors or visionaries looking to build a custom home in one of the South Bay’s most desirable neighborhoods. The property is close to award winning schools, charming local shops, parks and vibrant restaurants, a nice walk or ride to the Hermosa sand and surf. Whether you’re envisioning a midcentury modern flavored beach cottage or a stunning contemporary multi-level retreat with sweeping Pacific Ocean vistas, this property offers a rare chance to create that perfect home. Here’s your opportunity, not just to buy a property, but to build a lifestyle!

Nearby schools

10/10
Hermosa View Elementary School
Public,•K-3•0.5mi
9/10
Opal Robinson Elementary School
Public,•K-5•1.2mi
8/10
Hermosa Valley Elementary School
Public,•4-8•0.3mi
9/10
Manhattan Beach Middle School
Public,•6-8•2.0mi
9/10
Mira Costa High School
Public,•9-12•0.8mi

Price History

Date
Event
Price
12/01/25
Listing
$2,400,000
Condition Rating
Tear down
Built in 1952, this property is explicitly marketed as a 'tear down or flip opportunity' and a 'diamond in the rough,' indicating the existing structure is beyond practical repair for modern living. The property analysis further confirms an 'Outdated Existing Structure' requiring 'Substantial Renovation/Rebuild.' Images reveal significant wear and tear throughout, including heavily worn hardwood floors, outdated light fixtures, and a neglected exterior. The absence of kitchen and bathroom photos strongly suggests these critical areas are also in very poor and outdated condition, consistent with the overall state. The property's value is clearly based on the land and its potential for redevelopment.
Pros & Cons

Pros

Great Schools: Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Prime Coastal Location: Situated on a quiet street in the highly sought-after Hermosa Beach, offering a desirable lifestyle and strong market appeal.
Exceptional Development Potential: Marketed as a 'tear down or flip opportunity,' providing a blank canvas for developers, investors, or visionaries to build a custom dream home.
Beach Proximity: Conveniently located for a nice walk or ride to the renowned Hermosa Beach sand and surf.
Top-Rated Schools: Close proximity to award-winning schools, enhancing its appeal for families.
Vibrant Local Amenities: Easy access to charming local shops, parks, and vibrant restaurants, contributing to a desirable community experience.

Cons

Outdated Existing Structure: The 1952-built home is explicitly described as a 'diamond in the rough' and a 'tear down,' indicating significant age and likely requiring complete demolition or extensive renovation.
Substantial Renovation/Rebuild Required: The property's current state and small 3-bedroom, 1-bathroom, 1053 sqft configuration necessitate a major overhaul or complete rebuild to meet modern living standards and maximize value.
High Initial Investment for Land Value: The 2.4M list price primarily reflects the value of the prime land and location, implying that the buyer will incur substantial additional costs for construction beyond the purchase price.

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