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    420 Hermosa Ave

    Hermosa Beach, CA 90254
    • $6,950,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 20-617814
    UPDATED: 69 min ago
    $6,950,000
    • 16
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,720
      SQFT
    • $1,034
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    -A+ Location on Hermosa Avenue Just 350-Feet from the Sand -Two 4-Unit Apartments on Two Adjacent Parcels -Two Completely Separate Parcels - Each with Own Assessor Parcel Number (APN) -7,997-Square Feet of Land -(8) 2-Bedroom/1-Bathroom Fully Upgraded Units Complete Remodel for a Modern and Futuristic Living Experience -Two Fully Vacated Properties Positioned for Top Market Rents -New Owner has Flexibility of Choosing Their Own Tenants -8-Enclosed Garage Spaces W/ Modern Silent Electric Doors -Fully Secured Property with (10) HD Cameras and Fully Gated Key-Pad Entry -All New Kitchens with Quartz Counters, New White Shaker Cabinets, Sinks & Stainless Steel Samsung Appliances -All New Bathrooms with New Showers, Carrara Marble, Subway Tile, & New Fixtures -Common Area Bike Racks, Full Copper Plumbing, New Walkways and Stairs, & Washer and Dryers -Qualifies for Residential Financing -First Time on the Market in 65-Years

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-25T11:42:29.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/108816830
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    420 Hermosa Ave Hermosa Beach, CA 90254

    • Price: $6,950,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 20-617814
    16
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    6,720
    SQFT
    $1,034
    $/SQFT
    1955
    Built
    Neighborhood:
    Hermosa Beach Sand
    County:
    Los Angeles
    Area:
    Hermosa Beach Sand
    Property Description
    -A+ Location on Hermosa Avenue Just 350-Feet from the Sand -Two 4-Unit Apartments on Two Adjacent Parcels -Two Completely Separate Parcels - Each with Own Assessor Parcel Number (APN) -7,997-Square Feet of Land -(8) 2-Bedroom/1-Bathroom Fully Upgraded Units Complete Remodel for a Modern and Futuristic Living Experience -Two Fully Vacated Properties Positioned for Top Market Rents -New Owner has Flexibility of Choosing Their Own Tenants -8-Enclosed Garage Spaces W/ Modern Silent Electric Doors -Fully Secured Property with (10) HD Cameras and Fully Gated Key-Pad Entry -All New Kitchens with Quartz Counters, New White Shaker Cabinets, Sinks & Stainless Steel Samsung Appliances -All New Bathrooms with New Showers, Carrara Marble, Subway Tile, & New Fixtures -Common Area Bike Racks, Full Copper Plumbing, New Walkways and Stairs, & Washer and Dryers -Qualifies for Residential Financing -First Time on the Market in 65-Years
    Exterior Features

    Cross Streets Hermosa Avenue & 4th Street Lot Size Area 7997 Other Structures Other Parking Garage Garage Paved YN Yes Total Parking 8

    Interior Features

    Baths Total 8.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 218812 Gross Income 379200 Gross Operating Income 369570 Like Units1 8 Net Operating Income 255158.00 Number Of Buildings 2 Number Of Units 8 Sale Type Standard Source Living Area Estimated Source Lot Size Area Estimated Total Annual Expense 114466 Type Of Units 2 Bed 1 Bath Water Heaters YN Yes Year Built Source Estimated Zoning Hbr3yy

    Listing provided courtesy of Gianluca Jacoli DRE#01938297 of Shield Cre, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-25T11:42:29.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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