Homes for sale - 1702 Hermosa AVE, Hermosa Beach, CA 90254

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$9,995,000

Est. payment - /mo

4,930 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26003055

HOA Y/N No

Year Built 1953

Lot Size 4,930 Sqft

Property Sub-Type Apartment

Property Description

1702 Hermosa Avenue is an exceptional ocean view
10-unit property located in highly sought-after
Hermosa Beach. It is rare to encounter an opportunity
to acquire a “to the studs” fully remodeled property
spanning ±5,520 rentable square feet that includes
fourteen bedrooms and ten bathrooms with ocean Views, under
$10M on this prime stretch of Hermosa Avenue.
Fully renovated from top to bottom, this
property highlights meticulous diligence, including
all visible elements, plumbing, electrical, landscaping,
hardscaping, modern architecture, and more.
Perched on an elevated parcel with sweeping ocean
views, breezes, this gem provides easy walkable
access to Pier Avenue with its vibrant restaurants,
shops, bars, and cafes. 1702 Hermosa Ave defines
Southern California coastal living and investing at its
finest. Its desirable breathtaking ocean views from six
of the ten units provide the epitome of the Southern
California beach lifestyle. A high walking score of 95
from WalkScore.com, this remarkable income property offers excellent
investment potential. 1702 Hermosa Avenue is a one-of-a-kind property
that rarely appears in the market in its location. Its
versatility, stunning views, and unmatched location
make it an irresistible opportunity for discerning
buyers, investors, or those seeking a turnkey and
fully renovated asset with ocean views. Rare Oceanview Income Property on Hermosa
Avenue. • 6 Two Bedroom & 4 One Bedroom Units • 7 Garages totaling 9 parking spaces
• Complete Rehab & Renovation of Exterior &
Interior • New: Roof, Plumbing, Sub-Panels, Water
Heaters, Kitchens, Bathrooms, Appliances Wiring, Windows & More
• Current Monthly Income of $33k per Month • Ocean views and minutes to sand, surf, and Pier
Avenue's renowned dining and retail

Location

State CA

County Los Angeles

Area 148 - Hermosa Bch Sand

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 9.0

Garage Description 9.0

Pool None

Community Features Biking, Curbs, Dog Park, Fishing, Golf, Storm Drain(s), Street Lights, Sidewalks

Total Parking Spaces 9

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 4183010011

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Read Less Info

Listed by Jonathan Mitchell Kidder Mathews of California, Inc 949-557-5000

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

10

Grand View Elementary School

Public | KG - 5
10

Hermosa View Elementary School

Public | KG - 2
10

Alta Vista Elementary School

Public | KG - 5
10

Tulita Elementary School

Public | KG - 5
10

Anza Elementary School

Public | KG - 5
10

Seaside Elementary

Public | KG - 5
9

Robinson Elementary School

Public | KG - 5
9

Pacific Elementary School

Public | KG - 5
9

Hermosa Valley Elementary School

Public | 3 - 8
9

Meadows Elementary School

Public | KG - 5
9

Pennekamp Elementary School

Public | KG - 5
9

Beryl Heights Elementary School

Public | KG - 5
9

Jefferson Elementary School

Public | KG - 5
9

Da Vinci Innovation Academy

Public | KG - 8
9

Towers Elementary School

Public | KG - 5
9

Lincoln Elementary School

Public | KG - 5
8

Birney Elementary School

Public | KG - 5
8

Madison Elementary School

Public | KG - 5
8

Victor Elementary School

Public | KG - 5
8

Washington Elementary School

Public | KG - 5

Middle Schools 9

10

Manhattan Beach Middle School

Public | 6 - 8
9

Parras Middle School

Public | 6 - 8
9

Richard Henry Dana Middle School

Public | 6 - 8
9

Adams Middle School

Public | 6 - 8
8

Bert Lynn Middle School

Public | 6 - 8
8

Jefferson Middle School

Public | 6 - 8
6

Jane Addams Middle School

Public | 6 - 8
0

Fusion Academy South Bay

Private | 6 - 12
0

Redondo Beach Learning Academy

Public | 8 - 12

High Schools 11

10

Mira Costa High School

Public | 9 - 12
9

Redondo Union High School

Public | 9 - 12
9

Da Vinci Science

Public | 9 - 12
9

West High School

Public | 9 - 12
6

Environmental Charter High School

Public | 9 - 12
5

Lawndale High School

Public | 9 - 12
1

Centinela Valley Independent Study

Public | 9 - 12
0

Vistamar School

Private | 9 - 12
0

Redondo Shores High (Continuation)

Public | 9 - 12
0

Family First Charter

Public | 9 - 12
0

R. K. Lloyde High School

Public | 9 - 12

School and business data provided by Attom Data.

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