$2,150,000
$2,375,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
3,005 Sqft Lot
SOLD DATE : 04/06/2015
Key Details
Sold Price $2,150,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB14232078
Sold Date 04/06/15
HOA Y/N No
Year Built 1926
Tax Year 2013
Lot Size 3,005 Sqft
Property Description
Amazing opportunity steps from the beach in the Hermosa Beach Sand Section. This 5 unit property (buyer to verify) is a major fixer/teardown. The rents in some units have not been raised in 20 years, so there is potential to raise the rents while you're planning the build. Seller states that two units can be built on the almost 3,000 sq ft lot. There are three structures currently on the lot... two 1/1 bungalows and one 2 story building with a 3/1.5 upstairs and two 1/1's downstairs. Hugely desirable corner lot with frontage on three streets in a great location!
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage On Street
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected
Parking Type On Street
Total Parking Spaces 1
Private Pool No
Building
Lot Description Near Public Transit
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 4188008023
Acceptable Financing Submit
Listing Terms Submit
Financing Contract
Special Listing Condition Standard
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Bought with Patrick Panzarella • Shorewood REALTORS
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Broker Associate | Lic# 01905244