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47 21st Court

Hermosa Beach, CA 90254
  • $4,250,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: SB22154037
$4,250,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Listing Agent(s): Christopher Ponsonby of The Real Estate Store (310-376-1300) and Anabela Rossi of The Real Estate Store(310-376-1300)


Description

North Hermosa Sand section walk street investment opportunity. Located at ; 47 21st Court Hermosa Beach 90254. 5-Unit building. 1st time on market in 50 years. West of Hermosa Ave, & 6 lots to the Strand, sand, & world class beaches. Also a short walk from Downtown Hermosa dining, entertainment, shopping and more. Property was built in 1920 originally a beach bungalow consisting of 2 units. Now converted into 5 units. Total building size is 2522 sq ft on a 2848 lot. Property consists of One 1-bedroom, one 2-bedroom, one single and two micro singles all with one full or bathroom. This property also has 3 single 1 car garages & 2 small underground storage spaces. Address # include 46, 47, 48, 49, 50 Note units # 49 & 50 access are located on 21st Street. In the front you will find an area to entertain, BBQ, and enjoy the sea breezes and sunsets. This property offers strong rental upside potential in an extremely high demand area. The building is 102 years old; most tenants are long term. Given the location in a high rental demand, consistent income this building provides, not to mention possible future building possibilities * (buyers confirm w city) this is a great opportunity to own a quality income producing asset in the sand section of wonderful Hermosa Beach for any real estate investor or owner users.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/130867048
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47 21st Court Hermosa Beach, CA 90254

  • Price: $4,250,000
  • Status: Active
  • On Site: 29 Days
  • ID#: SB22154037
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1920
Built
Neighborhood:
148 - Hermosa Bch Sand
County:
Los Angeles
Area:
148 - Hermosa Bch Sand
Property Description
North Hermosa Sand section walk street investment opportunity. Located at ; 47 21st Court Hermosa Beach 90254. 5-Unit building. 1st time on market in 50 years. West of Hermosa Ave, & 6 lots to the Strand, sand, & world class beaches. Also a short walk from Downtown Hermosa dining, entertainment, shopping and more. Property was built in 1920 originally a beach bungalow consisting of 2 units. Now converted into 5 units. Total building size is 2522 sq ft on a 2848 lot. Property consists of One 1-bedroom, one 2-bedroom, one single and two micro singles all with one full or bathroom. This property also has 3 single 1 car garages & 2 small underground storage spaces. Address # include 46, 47, 48, 49, 50 Note units # 49 & 50 access are located on 21st Street. In the front you will find an area to entertain, BBQ, and enjoy the sea breezes and sunsets. This property offers strong rental upside potential in an extremely high demand area. The building is 102 years old; most tenants are long term. Given the location in a high rental demand, consistent income this building provides, not to mention possible future building possibilities * (buyers confirm w city) this is a great opportunity to own a quality income producing asset in the sand section of wonderful Hermosa Beach for any real estate investor or owner users.
Exterior Features

Architectural Style Bungalow Entry Level 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 5 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type AlleyCity Street Spa Features None Spa YN No

Interior Features

Common Walls 2+ Common WallsNo One Above Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Common Interest None Community Features BikingCurbsFishingParkPreserve/Public LandStreet LightsSidewalksUrbanWater Sports Contingency Sold "As-Is" Seller's Choice Of All Services. All Tenants Are in Good Standing And Property Will Be Sold With Tenant in Possession Electric Expense 0 Exclusions Tenants Property Fuel Expense 0 Garage YN Yes Gross Income 7694 Gross Scheduled Income 8280 Insurance Expense 2650 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 7694 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 586 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays None Trash Expense 610 Utilities Electricity Connected Water Sewer Expense 644 Water Source Public Zoning Hbr2b*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent(s): Christopher Ponsonby of The Real Estate Store (310-376-1300) and Anabela Rossi of The Real Estate Store(310-376-1300)