Hermosa Beach, CA 90254,600 1st ST
Hermosa Beach, CA 90254,600 1st ST
Hermosa Beach, CA 90254,600 1st ST
26
$2,975,000
$2,995,000
0.7%
Est.Price: ?

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4,395 Sqft Lot

600 1st ST Hermosa Beach, CA 90254

Est. payment /mo
SOLD DATE : 01/09/2020

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Key Details

Sold Price $2,975,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB19269004

Sold Date 01/09/20

HOA Y/N No

Year Built 1987

Lot Size 4,395 Sqft

Property Description

600 1st St in Hermosa Beach is a townhouse style 4-unit property built in 1987. The building consists of all 2-Bed/2-Bath units with nearly 1,000 square feet per unit. Select units feature ocean and Palos Verdes views, with a combined living area of 3,932 square feet on a 4,397 square foot lot. Each unit also contains two garage spaces and the rear unit was recently remodeled with brand new countertops and appliances. This well-maintained building is West of PCH in one of the strongest rental markets in California, just a few blocks from King Harbor Marina and all the amenities in Downtown Hermosa Beach. The property has fantastic in-place income and is near market rent for all units. This is an ideal investment opportunity for a yield-focused investor interested in building equity in an A+ location.

Location

State CA

County Los Angeles

Area 149 - Hermosa Bch Valley

Zoning HBR3*

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Storm Drain(s)

Total Parking Spaces 8

Private Pool No

Building

Lot Description Walkstreet

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4188027026

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by J.Woody Stahl • Lyon Stahl Investment Real Estate, Inc.
Bought with Norio Kanai • Cosmo Investment

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