916 1st Street, Hermosa Beach, CA 90254

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$2,570,000
List Price
$2,995,000
Closing Date
Apr 29, 2024
Status
CLOSED
MLS#
SR24042910
Year Built
1965
Lot Size
6,757
Acres
0.16
Lot Location
2-5 Units/Acre
Days on Market
23
Property Type
Multifamily
Style
Other
Property Sub Type
Quadruplex

Property Description

Introducing 916 1st Street, a rare opportunity to own a multi-unit property in the coveted Hermosa Beach area. First time on the market since 1977, this property presents an excellent investment potential with its four units, offering a total of 10 bedrooms and 5 bathrooms spread across 3,835 square feet of living space. The units consist of four well-appointed units: three 2-bedroom, 1-bathroom units, each spanning 850 square feet, and one spacious 4-bedroom, 2-bathroom unit boasting 1,285 square feet. With laminate flooring throughout and new carpet in the bedrooms, each unit provides comfortable living spaces. Convenience is key with four garage spots and washer & dryer hookups available. Additionally, private patios offer serene outdoor areas to unwind and enjoy the coastal breeze. Situated on a generous lot spanning 6,757 square feet, this property offers ample space for residents to enjoy. Located just minutes from the beach and within walking distance to the vibrant King Harbor Plaza and pier, residents can indulge in the vibrant beach lifestyle that Hermosa Beach is renowned for. Don't miss this chance to own a piece of Hermosa Beach real estate and capitalize on its prime location and investment potential!

Additional Information

Appliances
Gas Oven, Gas Range, Water Heater
Pool Description
None
Heat
Wall Furnace
View
Neighborhood
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Ceiling Fan(s), Crown Molding, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$138,732
Operating Expense
25841

Listing courtesy of Listing Agent: Luke Smith (lukesmithproperties@gmail.com) from Listing Office: Real Brokerage Technologies, Inc..

Listing sold by Qing Linda Wang-Mizukami from AWM Realty

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.