732 9th Street is a four-unit apartment building in prime Hermosa Beach, California. This offering presents an excellent opportunity to acquire a partially renovated asset with significant potential upside in rents, a strong unit mix, and an outstanding location in an affluent rental market.
The property is well-located less than a mile from the Hermosa Beach Pier and all of the popular retail, restaurant, and night life options on Pier Avenue. Additionally, tenants enjoy easy walking distance to Clark Field and the adjacent tennis courts and other recreation options. This is a highly sought-after area with consistently low vacancy rates, a strong tenant base, and a one-mile average household income that exceeds $168,000.
732 East 9th Street offers four large two-bedroom/one-and-one-half-bath townhomes, two of which have been completely renovated. The remodeled units boast new kitchens, new flooring, new lighting fixtures, tankless water heaters and more, while all of the units boast in-unit laundry hookups and private patios. All of the units are separately metered for all utilities. The property also offers four single-car garages.
Please see agent remarks regarding current income figures.
- Parking:
- 26.00
- New Construction YN:
- 0
- Laundry:
- Community, Inside
- Sewer:
- Conventional Septic
- Common Walls:
- No Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- PBOYOSTE
- Water Source:
- Public
- Lot Features:
- Rectangular Lot
- Community Features:
- Suburban
- Stories:
- 2
- Street:
- 9th
- Street Number:
- 732
- Street Suffix:
- Street
- Zip4:
- 3900
- Floor Number:
- 0
- Longitude:
- W119° 36' 26.4''
- Latitude:
- N33° 51' 41.3''
- Listing Courtesy of:
- Steven M. Bogoyevac, Broker
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 4
- Zoning:
- HBR3YY
- Lot Size Square Feet:
- 4,866 Sqft
- List Agent Last Name:
- Bogoyevac
- List Agent License Number:
- 01332755
- Special Listing Conditions:
- Standard
- List Office ID:
- PB13351
- List Agent First Name:
- Steven
- Directions:
- Located between Ardmore and Pacific Coast Highway
- MLSAreaMajor:
- 150 - Hermosa Bch East
- Levels:
- Two
- Parcel Number:
- 4187028009
- List Agent License Number:
- 01332755
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
732 9th Street, Hermosa Beach, California 90254
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- PW19081294
- List Price :
- $2,450,000
- Year Built :
- 1964
- Lot Area :
- 0.11 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Hermosa Beach
- Zipcode:
- 90254
- Close Price :
- $2,310,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Price Per Square Foot :
- $602
- Days on Market :
- 75
