A rare Hermosa Beach 5-unit Trophy Property!
Ideally located just moments from the beach, this well-maintained investment property offers stable income, full occupancy, and significant rental upside. Built in 1985, the two-story, 5,234-square-foot building features five spacious 2-bedroom, 2-bathroom units, each with generous floor plans that appeal to long-term tenants.
Residents enjoy a shared rooftop sundeck with beautiful ocean views, on-site laundry facilities, and parking for 10 vehicles (two spaces per unit).
Situated in one of the South Bay’s most desirable coastal communities, tenants are within walking distance of the beach, Hermosa Pier, scenic hiking trails, popular restaurants, shopping, and entertainment. This is an outstanding opportunity for Beach Cities investors seeking a premium asset with strong income potential and long-term appreciation.
"More than an apartment building—an opportunity to own a legacy asset in one of California's most coveted coastal communities."
48 days
|
439
|
7
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Zillow last checked:
Listing updated:
Listed by:
Gary RichardsonDRE #00466560310-480-7694,
Strand Hill Properties
Source: CRMLS,MLS#: SB26127216Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 10
Appliances
Laundry: Common Area
Features
Common walls with other units/homes: 2+ Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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