2468 Silverstrand Avenue, Hermosa Beach Property Listing: MLS® #SB17162184 For Sale - ISellSouthBay.com

$100k price reduction on 8/14/17. THIS PROPERTY IS AVAILABLE!! NORTH HERMOSA...locals know this to be the best beach in the SouthBay. BEST FULL-LOT INCOME PROPERTY VALUE IN THE MANHATTAN OR HERMOSA SAND SECTIONS!! And Hermosa is internationally known, having been named as one of the best beach towns in the USA in the past. Nestled in a rapidly developing enclave a few minute walk to the pristine sand is this prominent triplex on a unique corner lot. Current income is $80,400/year and may be simply a good hold. But, it is also a great site for the exquisitely planned (by a popular local architect) ocean-view home jutting toward Malibu and the Santa Monica Mountains. Current building has two 1-bedroom units below with a 2-bedroom plus office/exercise area above with ocean view. Each unit has a private yard and a single car garage space with additional off-street parking. One of the lower units has enjoyed a kitchen remodel...the top 2-bedroom unit has a newer kitchen and bath. Laundry facilities with washer and dryer are on the property for all tenants to use. Square footage is taped and is different that that n the tax records. Recent rent analysis indicates market rents for the 1-bedrooms units is approx. $2,200 per month. City records show 3-units. It appears all square footage is permitted. Buyer to verify all information that, though believed to be true, is not guaranteed. SEE AGENT REMARKS 2468 Silverstrand Avenue Hermosa Beach 1900

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  • Price$2,175,000
  • Sq. Ft.1,900
  • Acres0.05
  • Built1929

2468 Silverstrand Avenue, Hermosa Beach

$100k price reduction on 8/14/17. THIS PROPERTY IS AVAILABLE!! NORTH HERMOSA...locals know this to be the best beach in the SouthBay. BEST FULL-LOT INCOME PROPERTY VALUE IN THE MANHATTAN OR HERMOSA SAND SECTIONS!! And Hermosa is internationally known, having been named as one of the best beach towns in the USA in the past. Nestled in a rapidly developing enclave a few minute walk to the pristine sand is this prominent triplex on a unique corner lot. Current income is $80,400/year and may be simply a good hold. But, it is also a great site for the exquisitely planned (by a popular local architect) ocean-view home jutting toward Malibu and the Santa Monica Mountains. Current building has two 1-bedroom units below with a 2-bedroom plus office/exercise area above with ocean view. Each unit has a private yard and a single car garage space with additional off-street parking. One of the lower units has enjoyed a kitchen remodel...the top 2-bedroom unit has a newer kitchen and bath. Laundry facilities with washer and dryer are on the property for all tenants to use. Square footage is taped and is different that that n the tax records. Recent rent analysis indicates market rents for the 1-bedrooms units is approx. $2,200 per month. City records show 3-units. It appears all square footage is permitted. Buyer to verify all information that, though believed to be true, is not guaranteed. SEE AGENT REMARKS

Essential Information

  • MLS® #SB17162184
  • Price$2,175,000
  • HOA Fees$0
  • Additional HOA Fees$0
  • Square Footage1,900
  • Acres0.05
  • Year Built1929
  • TypeResidential Income
  • StatusActive

Amenities

  • Parking Spaces3
  • # of Garages3

Exterior

  • Lot Description0-1 Unit/Acre, Corner Lot

Listing Details

  • Listing AgentJohn Garland(00426358)
  • Listing OfficeJohn Garland Real Estate

Community Information

  • Address2468 Silverstrand Avenue
  • AreaHermosa Beach Sand (148)
  • CityHermosa Beach
  • CountyLos Angeles
  • StateCA
  • Zip Code90254

Interior

  • StoriesTwo

Additional Information

  • Date ListedJuly 16th, 2017
  • Days on Market31
  • ZoningHBR2YY
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Based on information from California Regional Multiple Listing Service, Inc. as of August 16th, 2017 at 10:31am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.