456 Ocean View Avenue
Hermosa Beach, CA 90254
Sold for $2,575,000
Beds: 0 Baths: 0 Structure Size: 0 sqft Lot Size: 4,363 sqft
| MLS | SB16093723 |
| Year Built | 1989 |
| Property Type | Residential Income |
| Property Subtype | |
| County | Los Angeles |
| Status | Sold |
| Sold | $2,575,000 |
| Structure Size | 0 sqft |
| Lot Size | 4,363 sqft |
| Beds | 0 |
| Baths | 0 |
Description
Lowest Gross Rent Multiplier in Hermosa Beach, by significant margin!!! Two large detached ocean views townhome style income units beautifully renovated to like new status to generate premium rents. 456 (Front Unit) features a traditional floorplan with 3 bedrooms, 2.5 bath in approx. 1,843s.f. with wide plank white oak flooring, slab Caesar stone counters, new custom cabinetry, new stainless appliances, frameless shower, new fixtures, 2 car garage and 2 car apron parking and panoramic ocean views. 458 (Rear Unit) features a reverse floor plan with 5 bedrooms, 3.5 baths in approx. 2,530s.f. with wide plank white oak flooring, slab Caesar stone counters, new custom cabinetry, new stainless appliances, frameless shower, new fixtures, huge 4 car garage and panoramic ocean views. In a submarket where new townhomes are trading in low $2m’s, you can get two like new units for the price of one (almost).
Listing information courtesy of: Arthur Chalekian, JohnHart Real Estate *Based on information from the Association of REALTORS/Multiple Listing as of 04/24/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property may have been sold while Agent was with another brokerage, and may have represented the buyer in this transaction.
Location
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DRE #01873088
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