$3,500,000
$3,499,000
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4,007 Sqft Lot
SOLD DATE : 07/23/2014
Key Details
Sold Price $3,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB14056697
Sold Date 07/23/14
HOA Y/N No
Year Built 1986
Lot Size 4,007 Sqft
Property Description
Beach income property two blocks from the sand! Great 4 unit property sits on an oversized 40x100 lot & offers excellent units just a short walk from the beach. Configured such that there is an oversized storage room next to the common coin-op laundry room, a unit on the 2nd level & 3rd unit on the top level. Top unit (#4) offers an open panoramic ocean view. A second building just west of the 1st has 3rd unit on top of 3, 2 car garages, then a 4th unit on the top level. That unit (#3) also has an ocean view. Each unit is large & offers 2 bedrooms, each w/it's own bath room. Each unit has a gas fireplace. The units have nicely updated kitchens w/subway tile backsplashes and hardwood flooring. The kitchens offer tons of storage space and have great counter space as well. Three of the four units are assigned a tandem 2 car garage on the Palm Ave side--each with separate entry from the courtyard. The fourth unit is assigned a side by side garage with access from Manhattan Ave. There are bonus storage areas within the bldgs. On site owner-management has ensured the building has been well-maintained. Each main unit has a generous, private deck. Very attractive units for a steady stream of tenants!
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Interior
Interior Features Living Room Deck Attached
Heating Wall Furnace
Cooling None
Flooring Carpet, Wood
Fireplaces Type Living Room, See Remarks
Fireplace Yes
Appliance Dryer, Washer
Laundry Common Area
Exterior
Parking Features Attached Carport, Assigned, Garage Faces Front, See Remarks
Garage Spaces 8.0
Carport Spaces 1
Garage Description 8.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Sewer Available
Waterfront Description Ocean Side Of Highway
View Y/N Yes
View Ocean, Panoramic
Roof Type Composition
Total Parking Spaces 9
Private Pool No
Building
Lot Description Paved
Story 3
Entry Level Three Or More
Water Public
Architectural Style Contemporary
Level or Stories Three Or More
Others
Tax ID 4187021016
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Bill Ruane • RE/MAX Estate Properties
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