Hermosa Beach, CA 90254,66 11th ST
Hermosa Beach, CA 90254,66 11th ST
Hermosa Beach, CA 90254,66 11th ST
24
$5,600,000
$5,800,000
3.4%
Est.Price: ?

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4,198 SqFt

66 11th ST Hermosa Beach, CA 90254

Est. payment /mo
SOLD DATE : 12/16/2024

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Key Details

Sold Price $5,600,000

Property Type Commercial

Sub Type Hotel-Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 4,198 sqft

Price per Sqft $1,333

MLS Listing ID 219116630

Year Built 1911

Lot Size 3,049 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 Beach Sand

Building

Story 2

Others

Special Listing Condition Standard

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Listed by Harry Pflueger, Broker

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Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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