546 Monterey Boulevard, Hermosa Beach, 90254

REDUCED 2% Residential Income For Sale

$2,950,000

Beds
Baths
3,360Sqft
.07Acres
8Garages
1972Built
137DOM
MLS® #: PV19133814
Active Under Contract, 137 Days on Market

3 Units MONTH TO MONTH AND 1 VACANCY: great option to buy as CA moves towards rent control! Reduced price on prime investment opportunity: 4 UNIT MULTIFAMILY building just a few blocks from the beach. OCEAN VIEWS from front units. Walking distance from downtown Hermosa. 4 two bedroom/1 bathroom apartments - easy to rent. Current tenants are on month-to-month basis. TWO COVERED/ENCLOSED PARKING SPACES for EACH UNIT! NEWLY RESTORED roof top deck and roof. Termite work just completed along with new exterior paint! Stainless appliances in the kitchens PLUS each unit has it's own stainless steel grill on the rooftop deck. This is a well maintained building - only the second owner (built 1972). Turnkey building steps from the sand. Common laundry room with coin-operated washer/dryer for additional revenue.

Price & Status History

Date Details
Status Changed from Active to Active Under Contract
Price Reduced from $3,000,000 to $2,950,000
Price Reduced from $3,100,000 to $3,000,000
Price Reduced from $3,200,000 to $3,100,000

Essential Information

MLS® #: PV19133814
Price: $2,950,000
Square Footage: 3,360
Acres: 0.07
Year Built: 1972
Type: Residential Income
Status: Active Under Contract

Community Information

Address: 546 Monterey Boulevard
County: Los Angeles
State: CA
Zip Code: 90254

Amenities

Parking Spaces: 8
# of Garages: 8
Is Waterfront: Yes
Waterfront: Ocean Side of Highway 1

Interior

Appliances: Barbecue
Cooling: None

Exterior

Lot Description: 16-20 Units/Acre
Roof: Flat Roof
Foundation: Pillar/Post/Pier

Additional Information

Date Listed: June 6th, 2019
Days on Market: 137
Zoning: HBR3YY

Listing Details

Listing Agent: Clint Patterson(01877253)
Listing Office: Berkshire Hathaway HomeService

Financials

$/SqFt: $878

Welcome to this 0 bedroom 0 bath Residential Income in the Hermosa Beach Sand (148) section of Hermosa Beach located at 546 Monterey Boulevard built in 1972. It is 0 square feet and the current asking price is $ 2,950,000.

Based on information from California Regional Multiple Listing Service, Inc. as of October 23rd, 2019 at 7:52am PDT. 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.