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Listing 5 out of 69
$8,000,000 For Sale

60 15th Street
Hermosa Beach, CA 90254

16 units | Multi Family Home
8573 sq ft - MLS# PW18208847
Property Photo
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Description

This property boasts an outstanding trophy location just 100 yards from the beach, steps from Noble Park, and two blocks from Pier Avenue and its popular restaurants and bars. Additionally, Hermosa Beach House is located adjacent to the 30-room H20 Hotel development, and the median household income within one-mile exceeds $110,000. Hermosa Beach House consists of one two-story building that contains one two-bedroom and 15 one-bedroom units that are mastermetered for all utilities. The building also features a pool, garage parking, and on-site laundry. With substantial potential upside in rents and an excellent location in an affluent coastal city, Hermosa Beach House presents an outstanding value-add opportunity. Please request and review a copy of the Offering Memorandum for this property for a detailed explanation and description of this investment and its underwriting.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90254
  • Year Built: 1959
  • Units: 16 units
  • # of Parking Spaces: 16.00
  • Lot Size: 8573 sq ft
  • Pool or Spa: Private,Fenced,In Ground, Yes
  • Zoning: HBR3YY
  • Area: 148 - Hermosa Bch Sand
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 7903.00
  • Building Area Units: Square Feet
  • Community Features: Urban
  • Country: US
  • Directions: Near the intersection of Hermosa Avenue and 15th Street
  • Garage Spaces: 16.00
  • Laundry Features: Community
  • Laundry YN: Yes
  • Listing Agent License: 01332755
  • Listing Office License: 01332755
  • Lot Features: Lot Shape-Rectangular
  • Lot Size Area: 8572.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Number Of Buildings: 1
  • Sewer: Public Sewer
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Steven M. Bogoyevac, Broker, Steven Bogoyevac

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