420 Hermosa Avenue, Hermosa Beach, CA 90254

$6,650,000
List Price
$6,650,000
Status
ACTIVE
MLS#
20660766
Year Built
1955
Lot Size
8,000
Acres
0.09
Days on Market
18
Property Type
Multifamily

Property Description

-A+ Location on Hermosa Avenue in the Prestigious Sand Section of Hermosa Beach Just 350-Feet from the Pacific Ocean -Two 4-Unit Apartments on Two Adjacent Parcels -Two Completely Separate Parcels - Each with Own Assessor Parcel Number (APN) -8,000-Square Feet of Land -(8) 2-Bedroom/1-Bathroom Fully Upgraded Units -Complete Remodel for a Modern Living Experience -Two Fully Vacated Properties Positioned for Top Market Rents -New Owner has Flexibility of Choosing Their Own Tenants -8-Enclosed Garage Spaces W/ Modern Silent Electric Doors -Fully Secured Property with (10) HD Cameras and Fully Gated Key-Pad Entry -Qualifies for Residential Financing -Close Proximity to the Dining, Retail, & Entertainment Options of Pier Avenue, Hermosa Avenue, King Harbor, & the Hermosa Beach Pier -First Time on the Market in 65-Years

Additional Information

Garage Spaces Total
8
Number Of Units Total
8
Unit One Total Units
8
Unit One Beds
2
Unit One Baths
1
Unit One Actual Rent
3950.00
Unit One Total Rent
31600.00
Unit One Pro Forma
31600
Unit One Furnished
Unfurnished

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Gianluca Jacoli from Shield CRE, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.