1538 Loma Drive, Hermosa Beach, 90254

NEWResidential Income For Sale

$2,495,000

Beds
Baths
2,856Sqft
.09Acres
4Garages
1964Built
MLS® #: SB19205275
Closed

Rare opportunity to own a four-unit apartment building in prime Hermosa Beach. The property has had 3 of the 4 units renovated with new kitchens and flooring. The property boasts a strong unit mix of four 2bed/1bath apartments combined with an outstanding location in one of the best rental markets in the South Bay. The property is located less than a mile from the Hermosa Beach Pier and all of the popular retail, restaurant, and night life options on Pier Avenue. Hermosa Beach has always been a highly sought-after location with consistently low vacancy rates and a strong tenant base. The property also offers two single-car garages and a double-car garage. Don't miss this great opportunity.

Price & Status History

Date Details
Status Changed from Pending to Closed
Status Changed from Active Under Contract to Pending
Status Changed from Active to Active Under Contract

Essential Information

MLS® #: SB19205275
Price: $2,495,000
Square Footage: 2,856
Acres: 0.09
Year Built: 1964
Type: Residential Income
Status: Closed

Community Information

Address: 1538 Loma Drive
County: Los Angeles
State: CA
Zip Code: 90254

Amenities

Parking Spaces: 6
# of Garages: 4

Interior

Appliances: None
Stories: Two

Exterior

Lot Description: 2-5 Units/Acre

Additional Information

Date Listed: August 28th, 2019
Zoning: HBR3YY

Listing Details

Listing Agent: Raymond Barrette(01943971)
Listing Office: Barrette Real Estate Investments, Inc.

Financials

$/SqFt: $874

Welcome to this 0 bedroom 0 bath Residential Income in the Hermosa Beach Sand (148) section of Hermosa Beach located at 1538 Loma Drive built in 1964. It is 0 square feet and the current asking price is $ 2,495,000.

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Based on information from California Regional Multiple Listing Service, Inc. as of November 22nd, 2019 at 6:51am PST. 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.