1257 Bonnie Brae

Description

This ocean view duplex presents a rare opportunity for owner occupants to live in the larger unit while collecting income from renting the second unit. For investors, this easy-to-manage duplex offers steady passive income and the historically proven long-term appreciation potential of coastal Southern California property. Located on the bluff above Hermosa Beach, this property features peekaboo ocean views from the owner’s unit living room and full coastline, blue water, and city lights views from the roof deck. Despite its bluff location, the property is still just a short walk from the beach and the dining and entertainment on Pier Avenue. The kitchen and great room of the owner’s unit have been remodeled including a gourmet chef’s kitchen with premium appliances and a large island with a wine fridge and warming drawer. The open concept greatroom layout is perfect for entertaining and there is plenty of space for guests to spread out between two outdoor balcony decks plus the large roof deck. The rooftop hot tub is especially epic, offering superb ocean views. This unit also features a large primary bedroom with walk-in closet, ensuite bathroom, and direct backyard access via a sliding door. A separate indoor laundry room and a two car garage (plus driveway guest space) round out a unique feature set that makes this property especially well-suited to high-end corporate rental tenants or owner occupants. The second unit has a great floorplan including a kitchen, dining room, a living room with fireplace, and a large bedroom with spacious closets. This unit has a separate entrance on the opposite side of the property from the owner’s unit, plus a private outdoor deck and private laundry located in the garage. Unit dimensions are estimated to be approximately 1946sf in the owner’s unit and 745sf in the second unit. There are a total of 4 off-street parking spaces: two in the garage, one in the driveway next to the garage (currently assigned to the tenant in unit two), and a 4th guest space in the driveway in front of the garage. One water meter, two gas meters, and two electric meters.