$7,900,000
$10,999,000
28.2%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
0.43 Acres Lot
SOLD DATE : 03/27/2024
Key Details
Sold Price $7,900,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23136875
Sold Date 03/27/24
Bedrooms 3
HOA Y/N No
Lot Size 0.426 Acres
Property Description
This North Hermosa Beach 28 Unit Apartment building is a great opportunity for Investors. 26 Units are One Bedroom One Bathroom, the other Two apartments are Two Bedroom One Bathroom. It is on a Huge approximately 18,500 Sq. foot lot. This A+ Location has a lot to offer being just a few short blocks to Downtown for Great Entertainment, Shopping and Fine Dining Restaurants. Not to mention the Pristine Beaches that Hermosa offers along with the Bike path and Greenbelt. The Complex has 28 Covered Carport Parking spaces, an in-ground swimming pool and on site Laundry facility. Hermosa Beach also offers an Award winning Public School District.
This North Hermosa Beach 28 Unit Apartment building is a great opportunity for Investors. 26 Units are One Bedroom One Bathroom, the other Two apartments are Two Bedroom One Bathroom. It is on a Huge approximately 18,500 Sq. foot lot. This A+ Location has a lot to offer being just a few short blocks to Downtown for Great Entertainment, Shopping and Fine Dining Restaurants. Not to mention the Pristine Beaches that Hermosa offers along with the Bike path and Greenbelt. The Complex has 28 Covered Carport Parking spaces, an in-ground swimming pool and on site Laundry facility. Hermosa Beach also offers an Award winning Public School District.
Location
State CA
County Los Angeles
Area Hermosa Beach (90254)
Zoning Public Rec
Exterior
Pool Below Ground, Community/Common
Building
Lot Description Curbs, Sidewalks
Story 2
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $800
Listing Terms Cash, Conventional
Financing Cash
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Bought with John Stiegler II • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "