1702 Hermosa Avenue,Hermosa Beach, CA 90254
Hermosa Beach, CA 90254
Description
***Price Reduced $1,000,000***1702 Hermosa Avenue is an exceptional ocean view 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
Details
| MLS # | OC26003055 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 240 |
| Listing Provided By | Kidder Mathews of California, Inc | Jonathan Mitchell |
Features
| SQ Feet | 5,520 |
|---|---|
| Garage | 9 |
| Story(s) | 3 |
| Units | 10 |
| Building(s) | 1 |
| Acreage | 0.11 |
| Golf Course | Yes |
Exterior
| Lot Features | Six To Ten Units Acre |
|---|
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Biking, Curbs, Dog Park, Fishing, Golf, Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Hermosa Beach |
| Zip Code | 90254 |
| Area | 148 Hermosa Bch Sand |
| Listing VS Median (in 90254) | |
Price: $8,995,000 low | high Med: $4,400,000 sqft: 5,520 low | high Med: 4,604 $ / sqft: $1,630 low | high Med: $956 On site: 240 low | high Med: 38 | |
Market Activity 90254
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Hermosa Beach |
| Zip Code | 90254 |
| Area | 148 Hermosa Bch Sand |
| Listing VS Median (in 90254) | |
Price: $8,995,000 low | high Med: $4,400,000 sqft: 5,520 low | high Med: 4,604 $ / sqft: $1,630 low | high Med: $956 On site: 240 low | high Med: 38 | |
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