58 10th Court, Hermosa Beach, CA 90254

$3,095,000
List Price
$3,095,000
Price Change
▼ $180,000 1729344374
Status
ACTIVE
MLS#
SB24172564
Year Built
1953
Lot Size
2,846
Acres
0.07
Lot Location
Landscaped, Level, Walkstreet
Days on Market
67
Property Type
Multifamily
Style
Cottage
Property Sub Type
Triplex
Stories
One Level, Two Levels

Property Description

Huge Price Reduction - Motivated Seller! Calling all beach property investors! For sale at a competitive price: 58 10th Ct in Hermosa Beach, a fantastic WALK STREET TRIPLEX just a few steps to the sand. UNIT MIX: (1) 2-bed/1-bath front walkstreet cottage + (2) x 1-bed/1-bath units, stacked at rear. The front home is a charming DETACHED single-level beach cottage, featuring a spacious, private walkstreet patio, and *newly renovated kitchen and bathroom*! The rear structure has a *brand new roof* installed, and includes two 1-bedroom apartments and a 1-car garage with access at the 10th Ct alley. The lower rear apartment has a brand *new bathroom plus the owner installed in-unit stackable laundry*! There's an additional outdoor/courtyard area between the buildings, with a laundry shed (with new machines!) and more storage under the staircase. This vibrant bohemian property is only a few steps to the sun, surf, sand and the Strand, one lot from shops and restaurants on Hermosa Ave, and a mere 2 blocks south of Hermosa Beach Pier. All three units are currently set up as short-term vacation rentals; furnishings negotiable as part of the sale. Continue running as a furnished investment property, and/or move right in to live the quintessential SoCal Beach Life! Owner will consider carry back/seller financing.

Additional Information

Other Buildings
Shed(s)
Appliances
Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Water Heater, Dryer, Washer
Pool Description
None
Heat
Floor Furnace, Wall Furnace
Cooling Description
None
View
None
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s)
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$201,600
Operating Expense
60763

Listing courtesy of Listing Agent: Alex Smith (alexsmith1126@gmail.com) from Listing Office: eXp Realty of California Inc.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.