Additional details
Listed by Darin DeRenzis • Vista Sotheby's International Realty
$3,995,000
Est. payment /mo
4,991 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25089694
Style Contemporary
Originating Board California Regional MLS
Year Built 1941
Lot Size 4,991 Sqft
Property Description
Fully Remodeled & Fully Vacant - Turnkey 5-Unit Beachside Investment Opportunity! This beautifully renovated, move-in ready five-unit apartment complex is a rare gem for beach-loving investors seeking strong income potential and long-term appreciation. Located just two blocks from the sand and two blocks from the iconic Hermosa Beach Pier, this property offers an unbeatable A+ location paired with pristine A+ condition. The unit mix includes five 1-bedroom, 1-bathroom units split across two buildings. At the front, two charming bungalow-style units are connected and share a 2-car garage. In addition, there's open-air parking for five more vehicles - a major perk in this prime beach area. The rear building is a two-story structure, with upper-level units featuring beautiful ocean views from both the living rooms and bedrooms. On the ground floor, you'll find an additional unit plus two 1-car garages accessible from the alley. The remodel spared no expense-a rare find in investment properties-featuring high-end finishes and comprehensive upgrades aimed at minimizing ongoing expenses. The property boasts brand new roofs, plumbing, electrical systems, windows, kitchens, and bathrooms throughout. Additionally, the low-maintenance design eliminates landscaping upkeep and water bills, f
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Rooms
Kitchen Hood Over Range, Microwave, Oven Range - Gas, Refrigerator, Oven - Gas
Interior
Heating Wall Furnace , Electric
Cooling None
Laundry Other, Stacked Only
Exterior
Parking Features Assigned Spaces
Garage Spaces 9.0
Pool 31, None
View Ocean
Building
Story Split Level
Water Hot Water, District - Public
Architectural Style Contemporary
Others
Tax ID 4187008032
Special Listing Condition Not Applicable
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