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$5,600,000
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Property Description
SW Beach Hotel is a 9-unit boutique hotel located near the corner of 11th Street and Hermosa Avenue near the pier in the heart of Hermosa Beach, California. Formerly an 11-unit multi-family building, the Property was purchased by its current owner in 2014, operated for several years as a multi-family property before being approved in 2020 and subsequently transformed and reopened as the SW Beach Hotel in 2023. The hotel offers 9 rooms within a two-story, wood-frame I-shaped structure. The primary amenity is the 1800-sf Rooftop Deck, which serves as a guest amenity and also a revenue center when rented out to hotel guests. Guestrooms are unique in design and decor, and range from 184 to 550 square feet. Six of nine rooms offer full kitchens and outdoor patios or balconies. A large 550-square-foot penthouse is proximate and offers easy access to the Rooftop Deck. Each guestroom is individually styled and named.Current ownership spent +/-1 million renovating the hotel, adding a small lobby and a decorative glass atrium and steel frame stair case providing access to a new Rooftop Deck. The hotel features design cues from Las Vegas, 'where Las Vegas and Coastal living collide.' The hotel is positioned as a boutique hotel providing 9 units within steps to the sand and the bustling Pier Plaza district with its numerous restaurants, bars and shops.
Full Property Details
Full Property Details for 66 11th St
General
- Sold For: $5,600,000
- Status: Closed
- Type: Commercial
- Source: Desert_Area_Palm_Springs
- MLS ID: 219116630
- Added to Site: 147 day(s) ago
Rooms
Other Rooms
- Laundry: Upper Level, Laundry Closet Stacked
Parking
- Uncovered Spaces: 4
- Total Spaces: 6
Location
- Area: 148 - Hermosa Beach Sand
- County: Los Angeles
- Building Name: SW Beach Hotel
- Cross Streets: 11th and Hermosa Ave
Heating & Cooling
- Cooling Type: Yes
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Square Feet: 4,198
- Sq. Ft. Source: Assessor
- Year Built: 1911
Lot Features
- Lot Size (Sq. Ft.): 2,849
- Lot Size Source: Assessor
- Lot Dimensions: 30 x 95
- Zoning: C-1/C-P
Financial Considerations
- Price Per Sq. Ft.: $1,381
- For Sale/Rent/Lease: Sale
Disclosures and Reports
- Investment: Yes
- APN: 4187004013
Listed by Harry Pflueger, Broker, Harry W Pflueger
Sold by Justin Thomas
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Schools
Schools serving 66 11th St
School District:Hermosa Beach City Elementary School District
Rating | Name | Grades | Distance |
---|---|---|---|
1645 Valley Dr, Hermosa Beach, CA 90254 | 3-8 | 0.4 mi | |
Hermosa View Elementary School
1800 Prospect Ave, Hermosa Beach, CA 90254 | PK-5 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 66 11th St
Date
Details
Price
Change
Source
12/16/2024
Sold
$5,600,000
-3.45%
MLS
8/29/2024
Listed
$5,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
66 11th Street, Hermosa Beach, CA 90254 (MLS# 219116630) is a Commercial property that was sold at $5,600,000 on December 16, 2024. Want to learn more about 66 11th Street? Do you have questions about finding other Commercial real estate for sale in Hermosa Beach? You can browse all Hermosa Beach real estate or contact a Coldwell Banker agent to request more information.