$2,415,000
$2,750,000
12.2%For more information regarding the value of a property, please contact us for a free consultation.
2,853 Sqft Lot
SOLD DATE : 12/09/2024
Key Details
Sold Price $2,415,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24158428
Sold Date 12/09/24
HOA Y/N No
Year Built 1922
Lot Size 2,853 Sqft
Property Description
Beach life, at a spectacular price! A remarkable opportunity awaits you in the heart of Hermosa Beach, one of the most desirable and sought-after coastal towns. Just steps away from white sandy beaches, sparkling blue waters, and breathtaking sunsets, this triplex offers the chance to own your slice of coastal paradise where the beach is practically your backyard.
Whether you're an investor, a first time-homebuyer or looking to downsize from a large home, enjoy this versatile property all to yourself or with friends and family. This triplex has endless potential! Live in the charming front bungalow while renting out the rear units, or choose to rent out all three units for maximum income. All units vacant, allowing you to rent them out at current market rates.
The front of the property, facing 10th Street, features a detached, 1-bedroom, 1-bathroom beach bungalow. This cozy home offers a sun-filled living room, a welcoming dining area, and a bright, spacious kitchen with ample cabinetry—perfect for preparing your favorite meals.
At the rear of the property, facing 11th Court, you'll find a detached two-story building. The lower and upper units each have 1 bedroom and 1 bathroom, with separate entrances for added privacy. The upper unit boasts a stunning view of the beach. Additionally, each unit has its own private laundry area, eliminating the need for tenants to seek out a laundromat.
A spacious courtyard and patio separate the front bungalow from the rear units, creating the feel of two distinct properties. These outdoor spaces provide plenty of room for gatherings, summer barbecues, and soaking up the coastal ambiance.
Whether you're seeking an investment opportunity or a personal beachside retreat, this coastal gem promises the lifestyle you've always dreamed of. With the upcoming LA28 Olympics and the growing demand for rentals, this is a long-term investment that will pay off for years to come.
Located just a block from the vibrant Pier Avenue and everything Hermosa Beach offers, you'll never have to drive again. You’re walking distance with immediate access to top-rated gourmet restaurants, coffee shops, boutiques, gyms, yoga studios, grocery stores, library, farmers market and so much more. Plus, with Manhattan Beach and Redondo Beach just a mile away, you're at the center of the best that coastal living has to offer. This is the beach life you've always dreamed of- make it your reality today!
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Zoning HBR3YY
Interior
Interior Features Open Floorplan
Heating Forced Air, Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range, Refrigerator
Laundry Outside
Exterior
Parking Features On Street
Pool None
Community Features Suburban, Water Sports
View Y/N Yes
View Neighborhood, Ocean
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4187004017
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Trust
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Bought with Jesse Dougherty • Compass
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Broker Associate | Lic# 01905244