$5,800,000
66 11th ST Hermosa Beach, CA 90254
24
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$5,800,000
Est. payment /mo
4,198 SqFt
Pending
66 11th ST Hermosa Beach, CA 90254
UPDATED:
10/31/2024 08:22 PM
Key Details
Property Type Commercial
Sub Type Hotel-Motel
Listing Status Pending
Purchase Type For Sale
Square Footage 4,198 sqft
Price per Sqft $1,381
MLS Listing ID 219116630
HOA Y/N No
Year Built 1911
Lot Size 3,049 Sqft
Acres 0.07
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.
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
Listed by Harry Pflueger, Broker
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