$2,575,000
$2,680,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/12/2016
Key Details
Sold Price $2,575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB16093723
Sold Date 08/12/16
HOA Y/N No
Year Built 1989
Property Description
Lowest Gross Rent Multiplier in Hermosa Beach, by significant margin!!! Two large detached ocean views townhome style income units beautifully renovated to like new status to generate premium rents. 456 (Front Unit) features a traditional floorplan with 3 bedrooms, 2.5 bath in approx. 1,843s.f. with wide plank white oak flooring, slab Caesar stone counters, new custom cabinetry, new stainless appliances, frameless shower, new fixtures, 2 car garage and 2 car apron parking and panoramic ocean views. 458 (Rear Unit) features a reverse floor plan with 5 bedrooms, 3.5 baths in approx. 2,530s.f. with wide plank white oak flooring, slab Caesar stone counters, new custom cabinetry, new stainless appliances, frameless shower, new fixtures, huge 4 car garage and panoramic ocean views. In a submarket where new townhomes are trading in low $2m’s, you can get two like new units for the price of one (almost).
Location
State CA
County Los Angeles
Area 150 - Hermosa Bch East
Interior
Interior Features Beamed Ceilings, Balcony, Ceiling Fan(s), Stone Counters
Heating Central
Cooling None
Fireplaces Type Family Room
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Sewer Available
Total Parking Spaces 8
Private Pool No
Building
Story One
Entry Level One
Water Public
Level or Stories One
Others
Tax ID 4186019001
Acceptable Financing Submit
Listing Terms Submit
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Arthur Chalekian • JohnHart Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "