1803 Pacific Coast Highway, Hermosa Beach, CA 90254

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Sold Price
$7,900,000
List Price
$10,999,000
Closing Date
Mar 27, 2024
Status
CLOSED
MLS#
SB23136875
Year Built
1963
Lot Size
18,559
Acres
0.43
Lot Location
26-30 Units/Acre, Value In Land
Days on Market
24
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

This North Hermosa Beach 28 Unit Apartment building is a great opportunity for Investors. 26 Units are One Bedroom One Bathroom, the other Two apartments are Two Bedroom One Bathroom. It is on a Huge approximately 18,500 Sq. foot lot. This A+ Location has a lot to offer being just a few short blocks to Downtown for Great Entertainment, Shopping and Fine Dining Restaurants. Not to mention the Pristine Beaches that Hermosa offers along with the Bike path and Greenbelt. The Complex has 28 Covered Carport Parking spaces, an in-ground swimming pool and on site Laundry facility. Hermosa Beach also offers an Award winning Public School District.

Additional Information

Pool Description
Community, In Ground
Cooling Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
28
Gross Scheduled Income
$410,700
Operating Expense
220809

Listing courtesy of Listing Agent: Janet McHugh (janetmchugh19@gmail.com) from Listing Office: Janet McHugh, Broker.

Listing sold by John Stiegler II from Lyon Stahl Investment Real Estate, Inc.

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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.