17
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$2,990,000
Est. payment /mo
8 Beds
5,586 SqFt
Active Under Contract
615 11th Street Hermosa Beach, CA 90254
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Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,586 sqft
Price per Sqft $535
MLS Listing ID CL25496133
Bedrooms 8
HOA Y/N No
Year Built 1999
Lot Size 4,706 Sqft
Acres 0.11
Property Sub-Type OTHER
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
Location
State CA
County Los Angeles
Zoning HBR2
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 4187024010
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Listed by Melissa Macfadyen • Compass
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289