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58 10th Court

Hermosa Beach, CA 90254
  • $3,275,000
  • STATUS: ACTIVE
  • ON SITE: 42 Days
  • ID#: SB24172564
UPDATED: 45 min ago
$3,275,000
  • 4
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Calling all beach property investors! For sale at a competitive price: 58 10th Ct in Hermosa Beach, a fantastic WALK STREET TRIPLEX just a few steps to the sand. UNIT MIX: (1) 2-bed/1-bath front walkstreet cottage + (2) x 1-bed/1-bath units, stacked at rear. The front home is a charming DETACHED single-level beach cottage, featuring a spacious, private walkstreet patio, and *newly renovated kitchen and bathroom*! The rear structure has a *brand new roof* installed, and includes two 1-bedroom apartments and a 1-car garage with access at the 10th Ct alley. There's an additional outdoor/courtyard area between the buildings, with a laundry shed (and new machines!) and more storage under the staircase. This vibrant bohemian property is only a few steps to the sun, surf, sand and the Strand, one lot from shops and restaurants on Hermosa Ave, and a mere 2 blocks south of Hermosa Beach Pier. All three units are currently set up as short-term vacation rentals; furnishings negotiable as part of the sale. Continue running as a furnished investment property, and/or move right in to live the quintessential SoCal Beach Life! Owner will consider carry back/seller financing. Calling all beach property investors! For sale at a competitive price: 58 10th Ct in Hermosa Beach, a fantastic WALK STREET TRIPLEX just a few steps to the sand. UNIT MIX: (1) 2-bed/1-bath front walkstreet cottage + (2) x 1-bed/1-bath units, stacked at rear. The front home is a charming DETACHED single-level beach cottage, featuring a spacious, private walkstreet patio, and *newly renovated kitchen and bathroom*! The rear structure has a *brand new roof* installed, and includes two 1-bedroom apartments and a 1-car garage with access at the 10th Ct alley. There's an additional outdoor/courtyard area between the buildings, with a laundry shed (and new machines!) and more storage under the staircase. This vibrant bohemian property is only a few steps to the sun, surf, sand and the Strand, one lot from shops and restaurants on Hermosa Ave, and a mere 2 blocks south of Hermosa Beach Pier. All three units are currently set up as short-term vacation rentals; furnishings negotiable as part of the sale. Continue running as a furnished investment property, and/or move right in to live the quintessential SoCal Beach Life! Owner will consider carry back/seller financing.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
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58 10th Court Hermosa Beach, CA 90254

  • Price: $3,275,000
  • Status: ACTIVE
  • On Site: 42 Days
  • Updated: 45 min ago
  • ID#: SB24172564
4
Beds
0
Baths
0
½ Baths
0.07
Acres
Neighborhood:
Walk Streets
County:
Los Angeles
Area:
Hermosa Beach (90254)
Property Description
Calling all beach property investors! For sale at a competitive price: 58 10th Ct in Hermosa Beach, a fantastic WALK STREET TRIPLEX just a few steps to the sand. UNIT MIX: (1) 2-bed/1-bath front walkstreet cottage + (2) x 1-bed/1-bath units, stacked at rear. The front home is a charming DETACHED single-level beach cottage, featuring a spacious, private walkstreet patio, and *newly renovated kitchen and bathroom*! The rear structure has a *brand new roof* installed, and includes two 1-bedroom apartments and a 1-car garage with access at the 10th Ct alley. There's an additional outdoor/courtyard area between the buildings, with a laundry shed (and new machines!) and more storage under the staircase. This vibrant bohemian property is only a few steps to the sun, surf, sand and the Strand, one lot from shops and restaurants on Hermosa Ave, and a mere 2 blocks south of Hermosa Beach Pier. All three units are currently set up as short-term vacation rentals; furnishings negotiable as part of the sale. Continue running as a furnished investment property, and/or move right in to live the quintessential SoCal Beach Life! Owner will consider carry back/seller financing. Calling all beach property investors! For sale at a competitive price: 58 10th Ct in Hermosa Beach, a fantastic WALK STREET TRIPLEX just a few steps to the sand. UNIT MIX: (1) 2-bed/1-bath front walkstreet cottage + (2) x 1-bed/1-bath units, stacked at rear. The front home is a charming DETACHED single-level beach cottage, featuring a spacious, private walkstreet patio, and *newly renovated kitchen and bathroom*! The rear structure has a *brand new roof* installed, and includes two 1-bedroom apartments and a 1-car garage with access at the 10th Ct alley. There's an additional outdoor/courtyard area between the buildings, with a laundry shed (and new machines!) and more storage under the staircase. This vibrant bohemian property is only a few steps to the sun, surf, sand and the Strand, one lot from shops and restaurants on Hermosa Ave, and a mere 2 blocks south of Hermosa Beach Pier. All three units are currently set up as short-term vacation rentals; furnishings negotiable as part of the sale. Continue running as a furnished investment property, and/or move right in to live the quintessential SoCal Beach Life! Owner will consider carry back/seller financing.
Exterior Features

Pool N/K Site CurbsSidewalks Spa N/K Units With Patios 2

Interior Features

Cooling N/K Heat Equipment Floor Furnace Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 1 Water Heater Type Tankless

Property Features

Actual Cap Rate 3.25 Annual Expense Actual 63217 Buildings 2 Cfd Mello Roos Fee 878.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 20.0 Gross Scheduled Income Actual 180000 Home Owners Fees 0.0 Monthly Total Fees 73 Tenant Pays N/K Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 7000.0 Unit2 Rent Actual 4500.0 Unit3 Rent Actual 3500.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Alex Smith of eXp Realty of California Inc: 424-259-3830. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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