Outstanding Hermosa Beach Location - Just 700 Feet from the Beach | One Block from Hermosa Avenue and Two Blocks from Pier Avenue & Downtown Hermosa | Fully Remodeled Units with White Oak Engineered-Wood Floors, Quartz Countertops, Subway Tile Back Splashes, and Newer Stoves, Refrigerators, Dishwashers, Heaters, Ceiling Fans, Windows, Recessed Lights & Cabinets | Each Unit Contains Washer & Dryer and Newer Electric Subpanels | One Unit with Spacious Private Deck with Ocean Views & Four Units with Skylights | All Bathrooms Upgraded with Newer Fixtures, Rain Showerheads, Glass Enclosures & Subway TilesBuilding Features Full Copper Plumbing and Newer Roof, Railings, Decks & Stairs | Total of Six Garages with Newer Garage Doors | Updated Underground Electrical with Newer Main Electrical Panel | Approximately 44% in Rental Upside - 4.24% Pro-Forma Cap Rate & 17.17 Pro-Forma GRM | (Two) 2-Bedroom/1-Bathroom Units & (Five) 1-Bedroom/1-Bathroom Units | Close Proximity to the Dining, Retail, & Entertainment Options of Pier Avenue, Hermosa Avenue, King Harbor, & the Hermosa Beach Pier
Listed by Jonathan Nikfarjam, Shield CRE, Inc.,
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Data last updated 7:29 PM UTC, 9/29/22