4,991 Sqft Lot
4,991 Sqft Lot
OPEN HOUSE
Sun Apr 27, 10:00am - 12:00pm
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25089694
HOA Y/N No
Lot Size 4,991 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Fully Remodeled & Fully Vacant Turnkey 5-Unit Beachside Investment Opportunity! This beautifully renovated, move-in ready five-unit apartment complex is a rare gem for beach-loving investors seeking strong income potential and long-term appreciation. Located just two blocks from the sand and two blocks from the iconic Hermosa Beach Pier, this property offers an unbeatable A+ location paired with pristine A+ condition. The unit mix includes five 1-bedroom, 1-bathroom units split across two buildings. At the front, two charming bungalow-style units are connected and share a 2-car garage. In addition, there's open-air parking for five more vehicles a major perk in this prime beach area. The rear building is a two-story structure, with upper-level units featuring beautiful ocean views from both the living rooms and bedrooms. On the ground floor, you'll find an additional unit plus two 1-car garages accessible from the alley. The remodel spared no expensea rare find in investment propertiesfeaturing high-end finishes and comprehensive upgrades aimed at minimizing ongoing expenses. The property boasts brand new roofs, plumbing, electrical systems, windows, kitchens, and bathrooms throughout. Additionally, the low-maintenance design eliminates landscaping upkeep and water bills, further reducing operating costs. Everything is done for you. Just place your tenants and start enjoying strong returns from this exceptional coastal investment!
Location
State CA
County Los Angeles
Area Hermosa Beach (90254)
Zoning Assessor
Interior
Heating Electric
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories Split Level
Others
Monthly Total Fees $143
Miscellaneous Value in Land
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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12750 High Bluff Dr. #300, San Diego, California, 92130, USA