UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26003055
HOA Y/N No
Year Built 1953
Lot Size 4,930 Sqft
Property Sub-Type Apartment
Property Description
10-unit property located in highly sought-after
Hermosa Beach. It is rare to encounter an opportunity
to acquire a “to the studs” fully remodeled property
spanning ±5,520 rentable square feet that includes
fourteen bedrooms and ten bathrooms with ocean Views, under
$10M on this prime stretch of Hermosa Avenue.
Fully renovated from top to bottom, this
property highlights meticulous diligence, including
all visible elements, plumbing, electrical, landscaping,
hardscaping, modern architecture, and more.
Perched on an elevated parcel with sweeping ocean
views, breezes, this gem provides easy walkable
access to Pier Avenue with its vibrant restaurants,
shops, bars, and cafes. 1702 Hermosa Ave defines
Southern California coastal living and investing at its
finest. Its desirable breathtaking ocean views from six
of the ten units provide the epitome of the Southern
California beach lifestyle. A high walking score of 95
from WalkScore.com, this remarkable income property offers excellent
investment potential. 1702 Hermosa Avenue is a one-of-a-kind property
that rarely appears in the market in its location. Its
versatility, stunning views, and unmatched location
make it an irresistible opportunity for discerning
buyers, investors, or those seeking a turnkey and
fully renovated asset with ocean views. Rare Oceanview Income Property on Hermosa
Avenue. • 6 Two Bedroom & 4 One Bedroom Units • 7 Garages totaling 9 parking spaces
• Complete Rehab & Renovation of Exterior &
Interior • New: Roof, Plumbing, Sub-Panels, Water
Heaters, Kitchens, Bathrooms, Appliances Wiring, Windows & More
• Current Monthly Income of $33k per Month • Ocean views and minutes to sand, surf, and Pier
Avenue's renowned dining and retail
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 9.0
Garage Description 9.0
Pool None
Community Features Biking, Curbs, Dog Park, Fishing, Golf, Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 9
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 4183010011
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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