Property Description

REDUCED PRICE on Rare prime investment opportunity: 4 UNIT MULTIFAMILY building just a few blocks from the beach. OCEAN VIEWS from front units. Walking distance from downtown Hermosa. 4 two bedroom/1 bathroom apartments – easy to rent. Current tenants are on month-to-month basis. TWO COVERED/ENCLOSED PARKING SPACES for EACH UNIT! NEWLY RESTORED roof top deck and roof. Termite work just completed along with new exterior paint! Stainless appliances in the kitchens PLUS each unit has it’s own stainless steel grill on the rooftop deck. This is a well maintained building – only the second owner (built 1972). Turnkey building steps from the sand. Common laundry room with coin-operated washer/dryer for additional revenue.

Features
: Smoke Detector(s)
: Flat
: 8.00
: Barbecue
: Sidewalks, Urban, Street Lights, Park, Biking, Watersports
: Pillar/post/pier
In Ground
Public Sewer
: 16-20 units/acre
: Dryer included, Washer included, Common Area
0
: Sewer connected, Water connected, Phone connected, Natural Gas Connected
: Public
: Barbecue private
: 1 common wall
Address Map
Monterey
546
4544
W119° 36' 11.7''
N33° 51' 29.1''
MLS Addon
Berkshire Hathaway HomeService
Three Or More
892.86
3143
8

Google Map

546 Monterey

546 Monterey, Hermosa Beach, California 90254

3,360 Sqft
$3,000,000
Listing ID #PV19133814
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : PV19133814
Price : $3,000,000
View : Bay,bridge(s),canyon,city Lights,hills
Square Footage : 3,360 Sqft
Year Built : 1972
Lot Area : 0.07 Acre
Country : US
State : California
County : Los Angeles
City : Hermosa Beach
Zipcode : 90254
Status : Active
DOM : 83
Water front Features : Ocean side of highway 1
Architectural Style : Mid century modern
Schedule A Showing

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