Property Description
Introducing a unique investment opportunity. Cash or hard money loan only. This duplex property presents two freestanding townhomes, ideal for those seeking versatility in a prime coastal location. Each unit boasts multi-level living areas, designed with high ceilings, enhancing the sense of openness and comfort. Functionality meets convenience with in-unit washer/dryers and air conditioning, ensuring a modern living experience. Parking is ample, with an attached double garage per unit, supplemented by an additional open space, providing a total of 5 parking spaces. The front unit has a roof deck. While the front townhome requires a full restoration due to fire damage, the rear unit remains unaffected and tenant-occupied, delivering immediate income potential. Current annual income from rear unit is $75,300. Tenants to remain at close of escrow and seller will not deliver the rear unit vacant. This property is offered as a successor trustee sale, "as-is," inviting buyers to explore the possibilities of renovation and reimagining this coastal gem. Strategically located less than a mile from the beach and near essential amenities like Vons, Trader Joes and the Hermosa Beach Community Center, this property offers not only a home but a lifestyle imbued with the charm of Hermosa Beach. For more information, please contact the listing agent.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$47,208
TurboHome Estimated Value
$3,068,600
$549 sqft
High Valuation
$3,222,030
$577/sqft
Normal Valuation
$3,068,600
$549/sqft
Low Valuation
$2,915,170
$522/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $549/sqft | $3,068,600 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Location
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No comparable properties found in this area.
Nearby Listings
1 similar properties within 5 miles
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