262 27th St, Hermosa Beach, CA 90254 - View 1
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262 27th St, Hermosa Beach, CA 90254

Sale Price: $3,500,000
Oct 13, 20242,904 sqft6 beds4 baths
Listed by: Bryn Stroyke
License #: 00855690
Phone #: 310-545-9595
Bayside
Source:
CRMLS Logo
MLS #: SB24212473

Property Description

Rare 200 Block Double Lot Opportunity in North Hermosa Sand to develop two 3,500+ sq. ft. SFR or townhomes Lot Size: Two approximate 30’ x 82.5’ lots totaling 4,941s.f. per tax rolls with an assessor’s bracket attaching the two lots. Zoning: R-2 Height Limit: 30’ Current Structure: A duplex with a main structure that crosses both lots. Per title report by First American, the lots were never “force merged” meaning the ability to remove the assessor’s bracket and develop as two SFR’s is simple and straight forward per Srour and Associates. Developing two attached or detached townhomes does not require dropping the bracket.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$59,928

TurboHome Estimated Value

$3,747,600

$1,290 sqft

High Valuation
$3,934,980
$1355/sqft
Normal Valuation
$3,747,600
$1290/sqft
Low Valuation
$3,560,220
$1226/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1290/sqft$3,747,600

Neighborhood

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Comparative Value

$3.30M

$3.39M

$3.50M

$3.58M

$3.60M

1154 2nd St, Manhattan Beach, CA 90266

Sale Price: $3,300,000

Selected Comparable

1310 Gates Ave, Manhattan Beach, CA 90266

Sale Price: $3,390,000

Selected Comparable

262 27th St, Hermosa Beach, CA 90254

List Price: $3,500,000

Subject Property

262 27th St, Hermosa Beach, CA 90254

Sale Price: $3,500,000

Selected Comparable

520 Johnson St, Manhattan Beach, CA 90266

Sale Price: $3,575,000

Selected Comparable

340 26th St, Hermosa Beach, CA 90254

Sale Price: $3,600,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
262 27th St, Hermosa Beach, CA 90254

262 27th St, Hermosa Beach, CA 90254

List: $3,500,000

Listed: 10/13/2024

Area:2,904 sqft
Price/sqft:$1,205
Beds:6
Baths:4
Year Built:
Lot Size:4,941

Comparable Properties

COMPARABLE
Choose comps
262 27th St, Hermosa Beach, CA 90254

262 27th St, Hermosa Beach, CA 90254

Sale: $3,500,000

1/6/20250.00 mi

Area:2,904 sqft
Price/sqft:$1,205
Beds:6
Baths:4
Year Built:
Weight:24.7%
340 26th St, Hermosa Beach, CA 90254

340 26th St, Hermosa Beach, CA 90254

Sale: $3,600,000

2/11/20250.05 mi

Area:2,709 sqft
Price/sqft:$1,329
Beds:5
Baths:4
Year Built:
Weight:19.6%
1310 Gates Ave, Manhattan Beach, CA 90266

1310 Gates Ave, Manhattan Beach, CA 90266

Sale: $3,390,000

7/29/20250.79 mi

Area:3,178 sqft
Price/sqft:$1,067
Beds:5
Baths:4
Year Built:
Weight:19.4%
1154 2nd St, Manhattan Beach, CA 90266

1154 2nd St, Manhattan Beach, CA 90266

Sale: $3,300,000

3/6/20250.70 mi

Area:3,808 sqft
Price/sqft:$867
Beds:6
Baths:4
Year Built:
Weight:18.3%
520 Johnson St, Manhattan Beach, CA 90266

520 Johnson St, Manhattan Beach, CA 90266

Sale: $3,575,000

4/1/20250.85 mi

Area:3,126 sqft
Price/sqft:$1,144
Beds:5
Baths:4
Year Built:
Weight:18.0%

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