1731 Pacific Coast Hwy

Hermosa Beach, CA 90254

$11,499,000
Multi Family Townhouse

AGENTS

Rachelle Rosten
Rachelle Rosten
  • Licensed Real Estate Salesperson
  • DRE #: 01255977
V-Card

Property Description

The Oceanus in Hermosa Beach is a rare opportunity to purchase a large building in an exclusive beach community in the greater South Bay area of Los Angeles. The 16,211 SqFt building sits on a huge, 18,591 SqFt Lot and boasts a total of 20 Two-Bedroom, One-Bathroom units. With 40 Parking Spaces total, every unit has been allocated two parking spots each. The tenants also have access to the private pool on the property. This building has been maintained meticulously by the current owner, who has newly installed solar panels on the roof, two washer/dryer rooms, and heating apparatuses. This trophy building is located right in the heart of Downtown Hermosa and is in walking distance to countless restaurants, gyms, grocery stores, and the beach. This opportunity is perfect for any long-term investor looking to place their money in a rare, constantly appreciating asset.
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PROPERTY DETAILS

  • Exterior
    .43 Acres
  • Property Type
    Multi Family Townhouse
  • MONTHLY REAL ESTATE TAX
    $3,288
  • ANNUAL REAL ESTATE TAX
    $39,461
  • Year Built
    1963
  • MLS/Listing ID
    SB23030968
  • Days On Market
    104

Amenities

  • Pool
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Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Listing Agents John Stiegler II - CA DRE Lic. #01981597 - johnnie@lyonstahl.com and Stephen Takahashi - CA DRE Lic. #01944770 - 310.491.7916