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630 3rd St Hermosa Beach, CA 90254
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Key Details
Sold Price $3,325,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,930 sqft
Price per Sqft $674
MLS Listing ID 23-246495
Sold Date 04/10/23
Bedrooms 8
Year Built 1986
Lot Size 4,843 Sqft
Acres 0.1112
Property Sub-Type Multi-Family
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.
Location
State CA
County Los Angeles
Area Hermosa Beach Valley
Zoning HBR3YY
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Range/Oven, Refrigerator, Dishwasher
Exterior
Parking Features Garage
Garage Spaces 8.0
Building
Story 1
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Home Team Realty