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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
Listing Office: Harry Pflueger, Broker
Listing Agent: Harry W Pflueger
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.

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