Get paid while you wait! Fantastic easy-to-manage triplex in Sand Section Hermosa Beach. Major upside in rents (25% or more) with some TLC, but the value here is really in the land. This prime 2,500 sq ft corner lot should be able to accomadate a 3,500+ sq ft home with roof top deck offering stunning views of the Pacific Ocean and world the famous Hermosa Beach Pier. See the attached supplement to the topographic survey for further information. This property is a great option for owner-occupants, investors, developers, 1031 exchanges, and anyone else looking to find real estate by the beach. It is rare to be able to acquire a SoCal beach income property at dirt value...don't let this opportunity pass you by!
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Data Provided by:
California Regional Multiple Listing Service