Description

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.

Investment Highlights: 

  • (4) Large 2-Bed/2-Bath Units | Separately Metered for Gas & Electricity
  • Built in 1987 | Located West of PCH with Ocean Views
  • 8 Total Garage Spaces and Private Balconies for Each Unit
  • Excellent Location – Blocks from the Beach, King Harbor Marina, and Downtown Hermosa Beach

Address

  • City Hermosa Beach
  • State/county CA
  • Country United States

Details

Updated on January 21, 2020 at 2:36 pm
  • Price: $2,995,000
  • Property Size: 3,932 Sq Ft
  • Land Area: 4,397 Sq Ft
  • Garage Size: 8
  • Year Built: 1987
  • Property Type: Multifamily
  • Property Status: Sold

Overview

  • Multifamily
  • Property Type
  • 3,932
  • Sq Ft
  • 1987
  • Year Built

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

1807 9th St, Santa Monica, CA 90404

  • $2,250,000
1807 9th St, Santa Monica, CA 90404, USA
  • 2,566 Sq Ft
  • Multifamily
Details
3 days ago

6720 West Blvd, Los Angeles, CA 90043

  • $2,355,000
6720 West Blvd, Los Angeles, CA 90043, USA
  • 6,720 Sq Ft
  • Multifamily
Details
3 days ago

3700 W 102nd St, Inglewood, CA 90303

  • $2,300,000
3700 W 102nd St, Inglewood, CA 90303, USA
  • 3,194 Sq Ft
  • Multifamily
Details
3 days ago

10230 Fernglen Ave, Tujunga, CA 91042

  • $1,500,000
10230 Fernglen Ave, Tujunga, CA 91042, USA
  • 3,965 Sq Ft
  • Multifamily
Details
3 days ago