Property Description
We are pleased to present, as an exclusive advisor, 630 3rd St, a 4 unit in the highly desirable Hermosa Beach submarket. The property is west of PCH and seconds from the Green Belt. The building is estimated 4,930 sqft with massive units . Each unit is a 2b/2b townhome with two garages per unit. A new owner can benefit from a rare coastal market acquisition, newer construction relative to other properties in the area, a nice building that can be taken a “step further”, and a low price per foot compared to other sales in the beach cities. Two units have been renovated, all new windows, electrical, plumbing, newer roof, railings, and more. The property is fully occupied and estimated 43% upside in rents.
Features
: Wall Furnace
: 8.00
0
: Garage
0
CLW-C132655
1
0
: Dishwasher, Refrigerator
Address Map
3rd
630
Street
4724
0
W119° 36' 27''
N33° 51' 24.1''
MLS Addon
Marcus & Millichap
$0
8
HBR3YY
4,843 Sqft
Weir
02038545
: Standard
CLW-X7515105
Jonathan
between Ardmore Ave & PCH
40x115
149 - Hermosa Bch Valley
4188028042
00530854
$0
0
Residential Income Sold
630 3rd Street, Hermosa Beach, California 90254
0.11 Sqft
$3,375,000
Listing ID #23246495
Basic Details
Property Type : Residential Income
Listing Type : Sold
Listing ID : 23246495
List Price : $3,375,000
Year Built : 1986
Lot Area : 0.11 Sqft
Country : US
State : California
County : Los Angeles
City : Hermosa Beach
Zipcode : 90254
Close Price : $3,325,000
Status : Closed
Property Type : Single Family Residence
Price Per Square Foot : $685
Days on Market : 20