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Listed by Darin DeRenzis • Vista Sotheby’s International Realty
$ 3,995,000
Est. payment | /mo
2,534 SqFt
$ 3,995,000
Est. payment | /mo
2,534 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,534 sqft
Price per Sqft $1,576
MLS Listing ID CRSB25089694
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1941
Lot Size 4,991 Sqft
Property Sub-Type Other
Property Description
Fully Remodeled & Fully Vacant – Turnkey 5-Unit Beachside Investment Opportunity! This beautifully renovated, move-in ready five-unit apartment complex is a rare gem for beach-loving investors seeking strong income potential and long-term appreciation. Located just two blocks from the sand and two blocks from the iconic Hermosa Beach Pier, this property offers an unbeatable A+ location paired with pristine A+ condition. The unit mix includes five 1-bedroom, 1-bathroom units split across two buildings. At the front, two charming bungalow-style units are connected and share a 2-car garage. In addition, there's open-air parking for five more vehicles – a major perk in this prime beach area. The rear building is a two-story structure, with upper-level units featuring beautiful ocean views from both the living rooms and bedrooms. On the ground floor, you'll find an additional unit plus two 1-car garages accessible from the alley. The remodel spared no expense—a rare find in investment properties—featuring high-end finishes and comprehensive upgrades aimed at minimizing ongoing expenses. The property boasts brand new roofs, plumbing, electrical systems, windows, kitchens, and bathrooms throughout. Additionally, the low-maintenance design eliminates landscaping upkeep and water
Location
State CA
County Los Angeles
Interior
Heating Electric, Wall Furnace
Cooling None
Flooring Vinyl
Fireplace No
Laundry Other, Inside
Exterior
View Ocean
Building
Lot Description Other
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227