Property Description
Price Reduced by Over $500,000 | A+ Location in the Heart of Hermosa Beach – Just 700 Feet from the Ocean | One Block from Both Pier Avenue & Hermosa Avenue, Two Blocks from the Hermosa Beach Pier | Significant Value-Add Potential – Approximately 71% in Rental Upside | 4.56% Pro-Forma Cap Rate & 16.01 Pro-Forma GRM | (One) 3-Bedroom/2-Bathroom Unit & (Nine) 1-Bedroom/1-Bathroom Units | Close Proximity to the Dining, Retail, & Entertainment Options of Pier Avenue, Hermosa Avenue, King Harbor, & the Hermosa Beach Pier | 10 Private Garages, Private Balconies & Enclosed Private Patios | 5,988-Square Foot Corner Lot Corner of 10th Street & Manhattan Avenue
Features
- Parking:
- Yes
- New Construction YN:
- 0
- Parking:
- Driveway
- Senior Community:
- 0
- List Agent Agent ID:
- CLW-C100141
- Stories:
- 2
Address Map
- Street:
- 10TH
- Street Number:
- 150
- Street Suffix:
- Street
- Zip4:
- 3738
- Floor Number:
- 0
- Longitude:
- W119° 36' 4.1''
- Latitude:
- N33° 51' 38.5''
MLS Addon
- Listing Courtesy of:
- Shield CRE, Inc.
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 10
- Zoning:
- HBR3YY
- Lot Size Square Feet:
- 5,988 Sqft
- List Agent Last Name:
- Nikfarjam
- List Agent License Number:
- 01856803
- Special Listing Conditions:
- Standard
- List Office ID:
- CLW-X82383
- List Agent First Name:
- Jonathan
- Directions:
- South of Pier Avenue, West of Manhattan Avenue, East of Hermosa Avenue
- MLSAreaMajor:
- 148 - Hermosa Bch Sand
- Parcel Number:
- 4187007001
- List Agent License Number:
- 02081496
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
- Tax Rate:
- 1.25
Residential Income Sold
150 10TH Street, Hermosa Beach, California 90254
0.14 Sqft
$6,995,000
Listing ID #22127457
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- 22127457
- List Price :
- $6,995,000
- Year Built :
- 1961
- Lot Area :
- 0.14 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Hermosa Beach
- Zipcode:
- 90254
- Close Price :
- $6,700,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Price Per Square Foot :
- $1,034
- Days on Market :
- 79
