1702 Hermosa Avenue

Hermosa Beach, CA 90254

About this property

***Price Reduced $1,000,000***1702 Hermosa Avenue is an exceptional ocean view 10-unit property located in highly sought-after Hermosa Beach. It is rare to encounter an opportunity to acquire a to the studs fully remodeled property spanning ±5,520 rentable square feet that includes fourteen bedrooms and ten bathrooms with ocean Views, under $10M on this prime stretch of Hermosa Avenue. Fully renovated from top to bottom, this property highlights meticulous diligence, including all visible elements, plumbing, electrical, landscaping, hardscaping, modern architecture, and more. Perched on an elevated parcel with sweeping ocean views, breezes, this gem provides easy walkable access to Pier Avenue with its vibrant restaurants, shops, bars, and cafes. 1702 Hermosa Ave defines Southern California coastal living and investing at its finest. Its desirable breathtaking ocean views from six of the ten units provide the epitome of the Southern California beach lifestyle. A high walking score of 95 from WalkScore.com, this remarkable income property offers excellent investment potential. 1702 Hermosa Avenue is a one-of-a-kind property that rarely appears in the market in its location. Its versatility, stunning views, and unmatched location make it an irresistible opportunity for discerning buyers, investors, or those seeking a turnkey and fully renovated asset with ocean views. Rare Oceanview Income Property on Hermosa Avenue. 6 Two Bedroom & 4 One Bedroom Units 7 Garages totaling 9 parking spaces Complete Rehab & Renovation of Exterior & Interior New: Roof, Plumbing, Sub-Panels, Water Heaters, Kitchens, Bathrooms, Appliances Wiring, Windows & More Current Monthly Income of $33k per Month Ocean views and minutes to sand, surf, and Pier Avenue’s renowned dining and retail

About this property

***Price Reduced $1,000,000***1702 Hermosa Avenue is an exceptional ocean view 10-unit property located in highly sought-after Hermosa Beach. It is rare to encounter an opportunity to acquire a to the studs fully remodeled property spanning ±5,520 rentable square feet that includes fourteen bedrooms and ten bathrooms with ocean Views, under $10M on this prime stretch of Hermosa Avenue. Fully renovated from top to bottom, this property highlights meticulous diligence, including all visible elements, plumbing, electrical, landscaping, hardscaping, modern architecture, and more. Perched on an elevated parcel with sweeping ocean views, breezes, this gem provides easy walkable access to Pier Avenue with its vibrant restaurants, shops, bars, and cafes. 1702 Hermosa Ave defines Southern California coastal living and investing at its finest. Its desirable breathtaking ocean views from six of the ten units provide the epitome of the Southern California beach lifestyle. A high walking score of 95 from WalkScore.com, this remarkable income property offers excellent investment potential. 1702 Hermosa Avenue is a one-of-a-kind property that rarely appears in the market in its location. Its versatility, stunning views, and unmatched location make it an irresistible opportunity for discerning buyers, investors, or those seeking a turnkey and fully renovated asset with ocean views. Rare Oceanview Income Property on Hermosa Avenue. 6 Two Bedroom & 4 One Bedroom Units 7 Garages totaling 9 parking spaces Complete Rehab & Renovation of Exterior & Interior New: Roof, Plumbing, Sub-Panels, Water Heaters, Kitchens, Bathrooms, Appliances Wiring, Windows & More Current Monthly Income of $33k per Month Ocean views and minutes to sand, surf, and Pier Avenue’s renowned dining and retail

Features and Additional Information

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$8,995,000 Active
5,520 sqft

Presented By Desert Lifestyle Properties

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Brokerage
Kidder Mathews of California, Inc
1-949-557-5000
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Area Information

148 Hermosa Bch Sand | Los Angeles County |

$ 8,995,000
This listing is play_arrow 429.4% higher than the average in the area
$ 1,699,000 in the area
5,520 SqFt
This listing is play_arrow 200.0% larger than the average in the area
1,840 SqFt in the area
$ 1,630 $/SqFt
This listing is play_arrow 76.5% more than the average in the area
$ 923 $/SqFt in the area
252 days on site
This listing is play_arrow 869.2% above the average in the area
26 days on site in the area

Schools in the Area

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Listed By Jonathan Mitchell
Brokerage: Kidder Mathews of California, Inc

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