For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,015 sqft
Price per Sqft $967
MLS Listing ID SB18014958
Sold Date 05/24/18
HOA Y/N No
Year Built 1923
Property Description
AMAZING, RARE & UNIQUE OPPORTUNITY - nothing left like it in Hermosa Beach! Three adorable cottages on one huge lot, all with panoramic ocean views. Enjoy current income while planning for future development. Over 6,000 sq. ft. of land with 80 feet of street frontage. It may be possible to split the lot - check with city. Lots of options here: build a large new estate home, enjoy great income from the legal, non-conforming triplex, or possibly build two homes with a lot split. The units have been updated and rents are below market with good upside potential. The ocean view here is incredible and unblockable. This well-located property is on a quiet street and is close to everything - restaurants, shopping, pier and beach.
Location
State CA
County Los Angeles
Area 150 - Hermosa Bch East
Zoning HBR1*
Rooms
Ensuite Laundry LaundryRoom
Interior
Laundry Location LaundryRoom
Fireplace No
Laundry LaundryRoom
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs
Total Parking Spaces 3
Private Pool No
Building
Lot Description RectangularLot, SlopedUp, ValueInLand
Story Two
Entry Level Two
Sewer PublicSewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4185002021
Acceptable Financing Cash, CashtoNewLoan, Item1031Exchange
Listing Terms Cash, CashtoNewLoan, Item1031Exchange
Financing CashtoNewLoan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jo O'Key • Brock Real Estate
Get More Information
Lenny LaRocca
Global Real Estate Advisors | License ID: 01401046/01715774
Global Real Estate Advisors License ID: 01401046/01715774
- Homes For Sale in El Segundo, CA
- Homes For Sale in Manhattan Beach, CA
- Homes For Sale in Hermosa Beach, CA
- Homes For Sale in Palos Verdes Estates, CA
- Homes For Sale in Redondo Beach, CA
- Homes For Sale in Palos Verdes Peninsula, CA
- Homes For Sale in Torrance, CA
- Homes For Sale in Hawthorne, CA
- Homes For Sale in Gardena, CA
- Homes For Sale in Lawndale, CA
- Homes For Sale in Harbor City, CA
- Homes For Sale in San Pedro, CA
- Homes For Sale in Long Beach, CA
- Homes For Sale in Carson, CA
- Homes For Sale in West Torrance, Torrance, CA
- Homes For Sale in South Torrance, Torrance, CA
- Homes For Sale in Hollywood Riviera, Redondo Beach, CA
- Homes For Sale in Lunada Bay / Margate, Palos Verdes Peninsula, CA