$2,570,000
$2,995,000
14.2%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
5 Baths
6,757 Sqft Lot
SOLD DATE : 04/29/2024
Key Details
Sold Price $2,570,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24042910
Sold Date 04/29/24
Bedrooms 10
HOA Y/N No
Lot Size 6,757 Sqft
Property Description
Introducing 916 1st Street, a rare opportunity to own a multi-unit property in the coveted Hermosa Beach area. First time on the market since 1977, this property presents an excellent investment potential with its four units, offering a total of 10 bedrooms and 5 bathrooms spread across 3,835 square feet of living space. The units consist of four well-appointed units: three 2-bedroom, 1-bathroom units, each spanning 850 square feet, and one spacious 4-bedroom, 2-bathroom unit boasting 1,285 square feet. With laminate flooring throughout and new carpet in the bedrooms, each unit provides comfortable living spaces. Convenience is key with four garage spots and washer & dryer hookups available. Additionally, private patios offer serene outdoor areas to unwind and enjoy the coastal breeze. Situated on a generous lot spanning 6,757 square feet, this property offers ample space for residents to enjoy. Located just minutes from the beach and within walking distance to the vibrant King Harbor Plaza and pier, residents can indulge in the vibrant beach lifestyle that Hermosa Beach is renowned for. Don't miss this chance to own a piece of Hermosa Beach real estate and capitalize on its prime location and investment potential!
Introducing 916 1st Street, a rare opportunity to own a multi-unit property in the coveted Hermosa Beach area. First time on the market since 1977, this property presents an excellent investment potential with its four units, offering a total of 10 bedrooms and 5 bathrooms spread across 3,835 square feet of living space. The units consist of four well-appointed units: three 2-bedroom, 1-bathroom units, each spanning 850 square feet, and one spacious 4-bedroom, 2-bathroom unit boasting 1,285 square feet. With laminate flooring throughout and new carpet in the bedrooms, each unit provides comfortable living spaces. Convenience is key with four garage spots and washer & dryer hookups available. Additionally, private patios offer serene outdoor areas to unwind and enjoy the coastal breeze. Situated on a generous lot spanning 6,757 square feet, this property offers ample space for residents to enjoy. Located just minutes from the beach and within walking distance to the vibrant King Harbor Plaza and pier, residents can indulge in the vibrant beach lifestyle that Hermosa Beach is renowned for. Don't miss this chance to own a piece of Hermosa Beach real estate and capitalize on its prime location and investment potential!
Location
State CA
County Los Angeles
Area Hermosa Beach (90254)
Zoning Assessor
Exterior
Garage Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,529
Listing Terms Cash, Conventional, Exchange
Financing Cash
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Bought with Qing Linda Wang-Mizukami • AWM Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "