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85 15th Street, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 10 bed, 10 bath

85 15th Street, Hermosa Beach, California 90254 home-pic-0
ACTIVE$5,300,000
85 15th Street, Hermosa Beach, California 90254
10Beds
10Baths
4,689Sqft
2,854Lot
Year Built
2007
Close
-
List price
$5.3M
Original List price
$5.3M
Price/Sqft
$1,130
HOA
-
Days on market
-
Sold On
-
MLS number
SW25021634
Home ConditionGood
Features
Good View: City Lights, Ocean, Water
Deck
ViewCity Lights,Ocean,Water

About this home

We found 3 Cons,6 Pros. Rank: price - $5.30M(92th), sqft - 4689(96th), beds - 10(96th), baths - 10(96th).

Location, location, location. Beach Living West of Hermosa Avenue! Steps to the Beach, the Strand, the Pier, and the Park! This full lot duplex features 2 townhomes. The front unit (approx. 2800 sq ft) has 5 bedrooms / 5 bathrooms plus a bonus room, private living area, and 2nd kitchen. The back unit (approx. 2100 sq ft. ) has 5 bedrooms/5 bathrooms. The rear unit is newly remodeled. Both homes feature views, elevators, oak cabinets, roof top deck with ocean views, granite counters throughout, Viking stainless steel appliances, plantation shutters, security cameras, Rinnai tankless water heaters, double wall installation, outside showers, 2 car garage on each side, plus an extra parking spot, and a driveway that can park an additional two vehicles. This property is being sold as a duplex as it is zoned. Enjoy the ocean breezes and walk to everything in the heart of downtown Hermosa Beach. Both units have a 15 year history of very strong rental income. Live on one side, rent the other, or build brand new on a full lot West of Hermosa Ave. So many options!!!

Nearby schools

10/10
Hermosa View Elementary School
Public,•K-3•0.6mi
9/10
Opal Robinson Elementary School
Public,•K-5•1.0mi
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•0.9mi

Price History

Date
Event
Price
12/31/09
Sold
$1,700,000
Condition Rating
Good
The property was built in 2007, placing it within the 10-20 year age range for a 'Good' rating. The listing highlights high-end features such as Viking stainless steel appliances, granite counters, oak cabinets, elevators, and Rinnai tankless water heaters, indicating a well-appointed and maintained property. Crucially, the rear unit is described as 'newly remodeled,' suggesting a very high standard for at least half of the property. While the bathroom shown in the images, with its granite countertop and wood-look cabinetry, reflects a style from the early 2000s rather than a brand-new contemporary renovation, it appears clean, functional, and well-maintained. The overall impression from the description and images is that the property is move-in ready with no immediate major renovations required, fitting the 'Good' condition criteria. The ambiguity of the front unit's renovation status and the slightly dated (though well-kept) bathroom prevent an 'Excellent' rating, but the overall quality and recent renovation of one unit push it beyond 'Fair'.
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).
Unbeatable Coastal Location: Situated West of Hermosa Avenue, the property offers direct steps to the Beach, the Strand, the Pier, and the vibrant heart of downtown Hermosa Beach, providing unparalleled beach living.
Exceptional Income-Generating Duplex: This full-lot duplex features two substantial townhomes with a proven 15-year history of very strong rental income, offering significant investment potential or the flexibility to live in one unit and rent the other.
Premium Amenities & Quality Construction: Both units boast high-end features including elevators, Viking stainless steel appliances, granite counters, plantation shutters, security cameras, Rinnai tankless water heaters, and double wall insulation.
Panoramic Ocean Views & Rooftop Deck: The property offers desirable views from both units, culminating in a dedicated rooftop deck that provides stunning ocean vistas and a perfect space to enjoy the coastal environment.
Abundant Parking: A rare find in beach communities, the property includes two 2-car garages, an extra parking spot, and a driveway capable of accommodating an additional two vehicles, totaling up to 5 parking spaces.

Cons

High Entry Price Point: The $5.3 million list price represents a substantial investment, which may limit the pool of potential buyers despite the property's prime location and features.
Relatively Small Lot Size: Despite being a 'full lot,' the 2,854 sq ft lot is comparatively compact for a duplex housing two large townhomes, potentially limiting future expansion or redevelopment options.
Partial Unit Modernization: While the rear unit is explicitly stated as 'newly remodeled,' the front unit's current state of modernization is not specified, suggesting it may not be as updated as its counterpart.

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