1731 Pacific Coast Hwy

Hermosa Beach, CA 90254

$11,499,000
1
beds
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
  • MLS/Listing ID
    305876989
  • Days On Market
    103

Amenities

  • Pool
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Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., John Stiegler II - 310-447-2213 and Stephen Takahashi - 310-403-9145