1731 Pacific Coast Hwy, Hermosa Beach CA, 90254

Active

1731 Pacific Coast Hwy

Hermosa Beach CA, 90254

$11,499,000

$709.33 per sqft

Active

16,211 sqft

Multi-family

Built in 1963

Listed by John II with Lyon Stahl Investment Real Estate, Inc. 310-425-9838

The Oceanus in Hermosa Beach is a rare opportunity to purchase a large building in an exclusive beach community in the greater South Bay area of Los Angeles. The 16,211 SqFt building sits on a huge, 18,591 SqFt Lot and boasts a total of 20 Two-Bedroom, One-Bathroom units. With 40 Parking Spaces total, every unit has been allocated two parking spots each. The tenants also have access to the private pool on the property. This building has been maintained meticulously by the current owner, who has newly installed solar panels on the roof, two washer/dryer rooms, and heating apparatuses. This trophy building is located right in the heart of Downtown Hermosa and is in walking distance to countless restaurants, gyms, grocery stores, and the beach. This opportunity is perfect for any long-term investor looking to place their money in a rare, constantly appreciating asset.

SB23030968

MLSⓇ ID

February 23, 2023

Listed

September 21, 2023

Updated

Map

1731 Pacific Coast Hwy
Hermosa Beach CA, 90254

Interior Features

Total Stories: 2
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.43 acres
Lot Features: 0-1 Unit/Acre
Sewer: Public Sewer

Other Property Details

Taxes: $39,461
Tax Frequency: Annually
Days on Market: 209
Association Amenities: Biking, Storm Drain(s), Street Lights, Suburban, Sidewalks, Urban, Water Sports
Garage: No
Parking: Attached Carport
Parking Total: 40
View: No
County: Los Angeles
Water Source: Public
Pool: Yes
Pool Features: Private

Listing Contact: 310-425-9838

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/21/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/21/2023 at 6:37 AM UTC