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    718 Hermosa Avenue

    Hermosa Beach, CA 90254
    • $2,499,000
    • STATUS: Active
    • ON SITE: 102 days
    • ID#: SB21080056
    $2,499,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    Offered for the first time in over 55 years, this classic cottage-style duplex is situated on a coveted 40 wide lot and offers a multitude of options going forward. Maintain it as a legacy investment property, renovate for a value-add opportunity and increased rents, use it as a beach pad for extended family/kids with side-by-side 2 bedroom units so everyone has their own space, or develop a new home with an ADU. South Hermosa income properties are selling like hotcakes to visionaries that recognize not only todays value, but the enormous potential the future brings. This desirable car-optional beach lifestyle location doesnt get any better or more convenient - its just 9 doors to sand & Strand, and 4 blocks to Pier Avenue. Walk effortlessly to the beach, local restaurants, shops, nightlife and summer beach concerts.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:48:48.38. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/116190892
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    718 Hermosa Avenue Hermosa Beach, CA 90254

    • Price: $2,499,000
    • Status: Active
    • ID#: SB21080056
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1912
    Built
    Neighborhood:
    148 - Hermosa Bch Sand
    County:
    Los Angeles
    Area:
    148 - Hermosa Bch Sand
    Property Description
    Offered for the first time in over 55 years, this classic cottage-style duplex is situated on a coveted 40 wide lot and offers a multitude of options going forward. Maintain it as a legacy investment property, renovate for a value-add opportunity and increased rents, use it as a beach pad for extended family/kids with side-by-side 2 bedroom units so everyone has their own space, or develop a new home with an ADU. South Hermosa income properties are selling like hotcakes to visionaries that recognize not only todays value, but the enormous potential the future brings. This desirable car-optional beach lifestyle location doesnt get any better or more convenient - its just 9 doors to sand & Strand, and 4 blocks to Pier Avenue. Walk effortlessly to the beach, local restaurants, shops, nightlife and summer beach concerts.
    Exterior Features

    Architectural Style BungalowCottage Fencing Wood Lot Features Near Public TransitRectangular LotStreet LevelValue In Land Number Of Separate Electric Meters 2 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle

    Interior Features

    Appliances Gas RangeRefrigerator Common Walls 1 Common Wall Fireplace Features None Fireplace YN No Interior Features Ceiling Fan(S)

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsStreet LightsSidewalksUrban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 76800 Gross Scheduled Income 76800 Insurance Expense 0 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Trust Conveyance Net Operating Income 0 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 0 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tenant Pays Cable TvElectricityGas Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Hbr3yy

    Listing provided courtesy of Karynne Thim of Pacifica Properties Group, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:48:48.38. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Parsons Team | Keller Williams Realty
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    Pasadena CA, 91101