This duplex is an opportunity to acquire prime real estate in the North Hermosa Sand Section. This part of Hermosa Beach has been experiencing tremendous development which includes the recently completed, Hermosa Vista Elementary School next door. The property consists of a mix of (2) one-bed/one-bath units. A new investor can capitalize on the tight rental market and high rents in this neighborhood by implementing a strategic unit interior and exterior renovation plan, which will upgrade the units and allow the buyer to command top of the market rents. The property boasts 47% rental upside potential. Tenants appreciate the convenient location just blocks from the world-famous beaches. Ideally located in a mostly residential corridor, the property is also a short walk to Downtown Hermosa Beach for dining, entertainment, and retail. There will be no showings or open houses. Please submit offers subject to interior inspection. We politely request that you do not disturb the tenants nor walk around the property.
- Heating System:
- Zoned
- View:
- Canyon, Trees/Woods
- Roof Deck:
- Tile
- Parking:
- 8.00
- New Construction YN:
- 0
- Senior Community:
- 0
- List Agent Agent ID:
- CLW-C135634
- Stories:
- 2
- Flooring:
- Tile, Laminate
- Architectural Style:
- Contemporary
- Appliances:
- Microwave, Refrigerator, Electric Oven
- Street:
- 25Th
- Street Number:
- 307
- Street Suffix:
- Street
- Zip4:
- 2659
- Floor Number:
- 0
- Longitude:
- W119° 35' 48.6''
- Latitude:
- N33° 52' 20.9''
- Listing Courtesy of:
- Matthews Real Estate Investment Services
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 2
- Zoning:
- HBR2YY
- Lot Size Square Feet:
- 2,304 Sqft
- List Agent Last Name:
- Awada
- List Agent License Number:
- 02046840
- Special Listing Conditions:
- Standard
- List Office ID:
- CLW-X81530
- List Agent First Name:
- Nabil
- DirectionFaces:
- South
- Directions:
- East of Myrtle Ave
- MLSAreaMajor:
- 148 - Hermosa Bch Sand
- Parcel Number:
- 4182028010
- List Agent License Number:
- 01972189
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
307 25Th Street, Hermosa Beach, California 90254
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- 21778442
- List Price :
- $1,995,000
- Year Built :
- 1947
- Lot Area :
- 0.05 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Hermosa Beach
- Zipcode:
- 90254
- Close Price :
- $1,875,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Price Per Square Foot :
- $1,511
- Days on Market :
- 102
