JUST REDUCED by $976,0000 this Class A 5-unit apartment building sits one off Hermosa Beach Strand. With $357,348 in pro forma annual gross income and $258,921 in pro forma net income (4.3% cap rate). This is high-end trophy asset has 7 parking spots and consists of: (1) 2-Bed/2-Bath unit with… Read More an OCEAN VIEW, (1) 2-Bed/1-Bath unit that has an amazing patio and OCEAN VIEW as well as (3) 1-Bed/1-Bath units. This high-end luxury building offers a turnkey investment opportunity in one of the most exclusive neighborhoods within the South Bay. Read Less
Property listed by Joseph Group, William Joseph 310-415-4655
Listing Snapshot
Days Online
41
Last Updated
Property Type
Single Family Residence
Beds
7
Full Baths
6
Square Ft.
3,646
Lot Size
0.08 Acres
Year Built
1959
MLS Number
SB25008552
30 Days Snapshot Of 90254
$3,412k
-22%
(avg) sold price
13
+225%
homes sold
137
+24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1959, Levels: Two, Living area: 3646, 2 stories, Architectural style: Contemporary, Attached, Common walls: TwoCommonWallsOrMore
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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