Lyon Stahl Investment Real Estate, Inc. is pleased to present 600 1st St in Hermosa Beach, 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.
<strong>Investment Highlights: </strong>
<li>(4) Large 2-Bed/2-Bath Units | Separately Metered for Gas & Electricity</li>
<li>Built in 1987 | Located West of PCH with Ocean Views</li>
<li>8 Total Garage Spaces and Private Balconies for Each Unit</li>
<li>Excellent Location – Blocks from the Beach, King Harbor Marina, and Downtown Hermosa Beach</li>