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$5,800,000

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2,848 Sqft Lot

Pending

66 11th ST Hermosa Beach, CA 90254

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Jerry And Rachel Team Hsieh

jerryandrachelteam@gmail.com +1(424) 242-8856

UPDATED:

10/31/2024 08:31 PM

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 219116630PS

HOA Y/N No

Year Built 1911

Lot Size 2,848 Sqft

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.

Location

State CA

County Los Angeles

Area 148 - Hermosa Bch Sand

Zoning C-1/C-P

Rooms

Ensuite Laundry Upper Level

Interior

Laundry Location Upper Level

Fireplace No

Laundry Upper Level

Exterior

Total Parking Spaces 6

Building

Story 2

Others

Tax ID 4187004013

Special Listing Condition Standard

Listed by Harry Pflueger • Harry Pflueger, Broker

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Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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Jerry And Rachel Team Hsieh

66 11th ST Hermosa Beach, CA 90254

Jerry And Rachel Team Hsieh

Key Details

Location

Rooms

Interior

Exterior

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66 11th ST