North Hermosa Sand section walk street investment opportunity. Located at ; 47 21st Court Hermosa Beach 90254. 5-Unit building. 1st time on market in 50 years. West of Hermosa Ave, & 6 lots to the Strand, sand, & world class beaches. Also a short walk from Downtown Hermosa dining, entertainment, shopping and more. Property was built in 1920 originally a beach bungalow consisting of 2 units. Now converted into 5 units. Total building size is 2522 sq ft on a 2848 lot. Property consists of One 1-bedroom, one 2-bedroom, one single and two micro singles all with one full or ¾ bathroom. This property also has 3 single 1 car garages & 2 small underground storage spaces. Address # include 46, 47, 48, 49, 50 Note units # 49 & 50 access are located on 21st Street. In the front you will find an area to entertain, BBQ, and enjoy the sea breezes and sunsets. This property offers strong rental upside potential in an extremely high demand area. The building is 102 years old; most tenants are long term. Given the location in a high rental demand, consistent income this building provides, not to mention possible future building possibilities * (buyers confirm w city) this is a great opportunity to own a quality income producing asset in the sand section of wonderful Hermosa Beach for any real estate investor or owner users.
Listed by Christopher Ponsonby, The Real Estate Store,
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