***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
- Pool:
- No
- Parking:
- 26.00
- New Construction YN:
- 0
- Laundry:
- No, Individual Room
- Parking:
- Garage - Single Door
- Sewer:
- Public Sewer
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SMITCJON
- Water Source:
- Public
- Lot Features:
- 6-10 Units/acre
- Community Features:
- Sidewalks, Street Lights, Golf, Curbs, Dog Park, Biking, Storm Drains, Fishing
- Stories:
- 3
- Entry Level:
- 1
- Association:
- 0
- Entry Location:
- Street
- Street:
- Hermosa
- Street Number:
- 1702
- Street Suffix:
- Avenue
- Floor Number:
- 0
- Longitude:
- W119° 35' 57.3''
- Latitude:
- N33° 51' 57.9''
- Listing Courtesy of:
- Kidder Mathews of California, Inc
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 9
- Lot Size Square Feet:
- 4,931 Sqft
- List Agent Last Name:
- Mitchell
- List Agent License Number:
- 01227852
- Special Listing Conditions:
- Standard
- List Office ID:
- OC07007
- List Agent First Name:
- Jonathan
- Directions:
- West of PCH & North of Pier Ave
- MLSAreaMajor:
- 148 - Hermosa Bch Sand
- Levels:
- Three Or More
- Parcel Number:
- 4183010011
- List Agent License Number:
- 01946490
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
1702 Hermosa Avenue, Hermosa Beach, California 90254
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- OC26003055
- List Price :
- $8,995,000
- Year Built :
- 1953
- Lot Area :
- 0.11 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Hermosa Beach
- Zipcode:
- 90254
- Status :
- Active
- Property Type :
- Apartment
- Price Per Square Foot :
- $1,630
- Days on Market :
- 111
