66 11th Street, Hermosa Beach, CA 90254
$5,600,000
Property Type:
Commercial Sale
Square Footage:
4,198
Lot Size (sq. ft.):
3,049
Status:
Closed
Current Price:
$5,600,000
List Date:
9/13/2024
Last Modified:
5/14/2026
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.
More Information MLS# 219116630
Listing, Location and Property Info
Entry Date: 2024-09-12
General Property Information
Lot Dimensions: 30x95
Zoning: C-1/C-P
Approx SqFt: 4198
SqFt Source: Assessor
Lot Size: 2849
Lot Acres: 0.07
Lot Size Source: Assessor
Year Built: 1911
Cross Streets: 11th and Hermosa Ave
Listing Info
Accounting Type: Actual
Ownership Type: LLC
Property Info
Entry Floor Number: 1
Building # of Stories: 2
# Units: 9
Business Name: SW Beach Hotel
# Buildings: 1
Building Status: Existing
Owner Pays
A/C: 1
Electric: 1
Gas/Heat: 1
Insurance: 1
Janitor: 1
Phone: 1
Refuse Removal: 1
Sewer: 1
Taxes: 1
Water: 1
Business Type
Hospitality: 1
Expenses
Expense Year: 2025
Income
Effective Gross: 750000
Net Operating: 420000
Sale Type
Standard: 1
Business Info
Business URL: swbeachhotel.com
URL Description: Hotel Site
Cooling: Yes
Heating: Yes
Current Use: 9-room hotel with 1800 SF rooftop deck
Investment Property: Yes
Laundry Equipment: Yes
Sale or Lease: Sale
Years Under Current Owner: 10
Cap Rate: 7
Showing Access
Appointment w/List Office: 1
Do Not Contact Occupant: 1
Asset Class
Hotel/Motel: 1
Disclosures
Property As Is: 1
Survey
Buyer Pays: 1
Signage
Sign on Building: 1
Laundry
Laundry Closet Stacked: 1
Upper Level: 1
Listing Location and Property Info
APN: 4187004013
Status: Closed
Listing Date: 2024-08-29
Original List Price: 5800000
Sold Price: $5,600,000
Current Price: $5,600,000
Property Sub-Type: Hotel/Motel
Street #: 66
Street Name: 11th
Street Suffix: Street
County: Los Angeles
State: CA
Zip Code: 90254
Area: 148 - Hermosa Beach Sand
Country: US
Status Change Info
Status Change Date: 2024-12-18
Pending Date: 2024-10-31
Closed Date: 2024-12-16
Closed Price: 5600000
Parking SpacesInformation
Total Covered Spaces: 2
Total Uncovered/Assigned Spaces: 4
Total Parking Spaces: 6
Property Features
Business Type: Hospitality
Sale Type: Standard
Showing Access: Appointment w/List Office; Do Not Contact Occupant
Owner Pays: A/C; Electric; Gas/Heat; Insurance; Janitor; Phone; Refuse Removal; Sewer; Taxes; Water
Asset Class: Hotel/Motel
Survey: Buyer Pays
Signage: Sign on Building
Laundry: Laundry Closet Stacked; Upper Level
Disclosures: Property As Is
Documents
Listing Office:
Harry Pflueger, Broker
Listing Agent:
Harry W Pflueger
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.
Offering Memorandum ›