Property Description
Great investment opportunity to own an income producing Duplex on a prime family friendly walk-street in the sand section of Hermosa Beach! Rent both or live in the Walkstreet Classic Beach Bungalow and use the rent for the back to cover the payment on $1 Million or your mortgage (at today’s mortgage rates). This property consists of a newly remodeled 2BR/1BA unit above the garage and a 3BR/2BA home below. Full oversized 30×95 lot sits on the north side of 6th street. This highly desirable sand section property is perfectly located in proximity to the downtown shops and restaurants. Alternatively, this investment site can be developed into an enormous single family home! Current income is $8500/mo and Proforma is $9500/mo.
Features
: Asphalt
: 6.00
: Sewer Available
: 1 Common Wall
0
SMAFFJOH
: Public
: 2-5 Units/acre, Walkstreet
: Sidewalks, Street Lights, Curbs
: Above Ground
: Bungalow
1
Address Map
7th
42
Court
0
W119° 36' 1.6''
N33° 51' 29.6''
MLS Addon
RE/MAX Estate Properties
$0
2
2,850 Sqft
Maffei
01091979
: Standard
S5225
J. Gregory
This property fronts the walkstreet -- 47 6th Street, HB
30x95
148 - Hermosa Bch Sand
4187016031
$0
0
Residential Income Sold
42 7th Court, Hermosa Beach, California 90254
0.07 Sqft
$2,999,000
Listing ID #SB16050581
Basic Details
Property Type : Residential Income
Listing Type : Sold
Listing ID : SB16050581
List Price : $2,999,000
Year Built : 1948
Lot Area : 0.07 Sqft
Country : US
State : California
County : Los Angeles
City : Hermosa Beach
Zipcode : 90254
Close Price : $3,150,000
Status : Closed
Property Type : Single Family Residence
Price Per Square Foot : $1,537
Days on Market : 9