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$3,700,000
Est. payment /mo
2 Beds
1 Bath
4,242 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26116370
Bedrooms 2
Lot Size 4,242 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This is your opportunity to purchase a generational asset with stable income, recent comprehensive renovations, and an irreplaceable location less than a block from Hermosa's vibrant Pier Avenue and a few blocks from the ocean. All three units feature new kitchens, bathrooms, flooring, windows, appliances and fixtures, creating a true turnkey investment. Currently 100% occupied and leased at strong market rents, tenants enjoy the amenities including in-unit washer-dryers, six total parking spaces, private tenant storage lockers, and a spacious shared outdoor area with low-maintenance turf lawn. Situated in one of Southern Californias most supply-constrained coastal markets, the property benefits from a walkable lifestyle, consistent rental demand, and a resident profile that historically produces strong tenancy and rent resilience.
Location
State CA
County Los Angeles
Zoning Assessor
Direction On east side of Loma Dr between Pier Ave and 11th St.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4187019036
Acceptable Financing Cash
Listing Terms Cash
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Listed by Darin Derenzis, DRE#01760239 Vista Sotheby’s International Realty
Nearby School & Business
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