Hermosa Beach, CA 90254,456 Ocean View AVE

$2,575,000

$2,680,000

3.9%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 08/12/2016

Key Details

Sold Price $2,575,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB16093723

Sold Date 08/12/16

HOA Y/N No

Year Built 1989

Property 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).

Location

State CA

County Los Angeles

Area 150 - Hermosa Bch East

Interior

Interior Features Beamed Ceilings, Balcony, Ceiling Fan(s), Stone Counters

Heating Central

Cooling None

Fireplaces Type Family Room

Fireplace Yes

Appliance Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator

Laundry Common Area, Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Sidewalks

Utilities Available Sewer Available

Total Parking Spaces 8

Private Pool No

Building

Story One

Entry Level One

Water Public

Level or Stories One

Others

Tax ID 4186019001

Acceptable Financing Submit

Listing Terms Submit

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Bryn Stroyke • Stroyke Properties Inc.
Bought with Arthur Chalekian • JohnHart Real Estate
agent-avatar

+1(619) 519-2303

steve@stevelucal.com

PO Box 181892, Coronado, California, 92178, United States

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