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2468 Silverstrand Avenue, Hermosa Beach, CA 90254

$2,175,000
Multi Family MLS# SB17162184 ID: 46495518
$2,175,000 Get Rates

$100k price reduction on 8/14/17. THIS PROPERTY IS AVAILABLE!! NORTH HERMOSA...locals know this to be the best beach in the SouthBay. BEST FULL-LOT INCOME PROPERTY VALUE IN THE MANHATTAN OR HERMOSA SAND SECTIONS!! And Hermosa is internationally known, having been named as one of the best beach towns in the USA in the past. Nestled in a rapidly developing enclave a few minute walk to the pristine sand is this prominent triplex on a unique corner lot. Current income is $80,400/year and may be simply a good hold. But, it is also a great site for the exquisitely planned (by a popular local architect) ocean-view home jutting toward Malibu and the Santa Monica Mountains. Current building has two 1-bedroom units below with a 2-bedroom plus office/exercise area above with ocean view. Each unit has a private yard and a single car garage space with additional off-street parking. One of the lower units has enjoyed a kitchen remodel...the top 2-bedroom unit has a newer kitchen and bath. Laundry facilities with washer and dryer are on the property for all tenants to use. Square footage is taped and is different that that n the tax records. Recent rent analysis indicates market rents for the 1-bedrooms units is approx. $2,200 per month. City records show 3-units. It appears all square footage is permitted. Buyer to verify all information that, though believed to be true, is not guaranteed. SEE AGENT REMARKS

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Location Information near 2468 Silverstrand Avenue
Offered by John Garland at John Garland Real Estate

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Property Features for 2468 Silverstrand Avenue
Status
Market Status
Available
Last Updated
August 18, 2017
Description
Property Type
Multi Family
Year Built
1929

Appliances

  • Washer/Dryer Inc.: Clothes Washer

Community Info

  • Home Owner Asso.: Community Laundry Facility(s), Sidewalks, Street Lights
  • Laundry Facilities

Location

  • MLS Area: 148 - Hermosa Beach Sand

Lot Features

  • Lot Size: Corner Lot
  • John Garland
  • John Garland Real Estate

Data Provided by:
California Regional Multiple Listing Service

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More information about this $2,175,000 Multi Family at 2468 Silverstrand Avenue

This $2,175,000 Multi Family at 2468 Silverstrand Avenue in Hermosa Beach, CA is presented by John Garland. This $2,175,000 Multi Family, located in the 90254 zip code, has the following property features: Washer/Dryer Inc., Home Owner Asso., MLS Area, Laundry Facilities. This 2468 Silverstrand Avenue Multi Family, located in Los Angeles County , is listed under MLS listing number SB17162184 and has a listing price of $2,175,000. You can find more HERMOSA BEACH homes for sale here.