60 15th Street, Hermosa Beach, CA 90254 (MLS # PW18208847)

Price $9,000,000
Status Active
Beds 0
Baths 0 bath
Home size 7,903 sq ft
Lot Size 8,572 sqft
Days on Market 144
This property boasts an outstanding trophy location just 100 yards from the beach, steps from Noble Park, and two blocks from Pier Avenue and its popular restaurants and bars. Additionally, Hermosa Beach House is located adjacent to the 30-room H20 Hotel development, and the median household income within one-mile exceeds $110,000. Hermosa Beach House consists of one two-story building that contains one two-bedroom and 15 one-bedroom units that are mastermetered for all utilities. The building also features a pool, garage parking, and on-site laundry. With substantial potential upside in rents and an excellent location in an affluent coastal city, Hermosa Beach House presents an outstanding value-add opportunity. Please request and review a copy of the Offering Memorandum for this property for a detailed explanation and description of this investment and its underwriting.
Property Type(s): Residential Income
Last Updated 1/5/2019 Year Built 1959
Community 148 - Hermosa Bch Sand County Los Angeles

Additional Details

AREA 148 - Hermosa Bch Sand
LOT 8573 sq ft
LOT DESCRIPTION Lot Shape-Rectangular
POOL Yes
POOL DESCRIPTION Private,Fenced,In Ground
SEWER Public Sewer
WATER Public
ZONING HBR3YY

Location

 

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Listing provided by : Steven Bogoyevac CalDRE: 01332755, Steven M. Bogoyevac, Broker

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