$5,800,000
Pending

66 11th Street

Hermosa Beach, CA 90254
0.07 acres | #219116630PS
Listing OfficeHarry Pflueger, Broker
Browse 48 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Stories2
    • Measurements
      • Acres0.0654
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1911
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$5,800,000
  • Other
      • MLS #219116630PS

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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