150 31st St, Hermosa Beach is this week’s “Screaming Deal of the Week!”
This is an old beach duplex in the 100 block of 31st Street in Hermosa. This is literally a few houses from the beach, and is a 35 foot wide lot which is 5 feet wider than most lots in that section. It’s also zoned R3, which allows for a 30 foot height limit (3 stories above ground). Others in the area are limited to 25 feet high.
This property was very old and basically a teardown, but was listed with RE/MAX Estate Properties for $1,899,000. Comparable sales in the area sold well over $2,000,000!
This is a screaming deal!
UPATE: Sold for $2,190,000 in 12 days.