630 3rd Street
Active
$3,500,000

630 3rd Street

Hermosa Beach CA 90254
4,930
Sq ft
Residential Income
Type

Hermosa Beach Residential Income for sale

As of Sep 28 another huge price reduction Of $301,000. MASSIVE $350k PRICE REDUCTION AS OF SEP 14th. We are pleased to announce our newest listing in the city of Hermosa Beach. Investors looking for top quality real estate with superior floorplans and tenant amenities look no further. This property has undergone significant renovations and all the hard work has already been done. The new owner will benefit from previous owners replacing all the electrical, plumbing, windows, railings, and two of the interior units. Located in the heart of it all, a new investor will benefit greatly from long-term appreciation . The property has 8 parking spots (2 per unit), all large 2b2b units and the lowest price per foot deal in Hermosa Beach. West of PCH and walking distance to the beach. This property has the lowest price per foot of only $770 and with all rents at market operates just under a 5% CAP.

Listed by Jonathan Weir, Marcus & Millichap
Contact: 424-405-3900

4,930 sq ft