This duplex is an opportunity to acquire prime real estate in the North Hermosa Sand Section. This part of Hermosa Beach has been experiencing tremendous development which includes the recently completed, Hermosa Vista Elementary School next door. The property consists of a mix of (2) one-bed/one-bath units. A new investor can capitalize on the tight rental market and high rents in this neighborhood by implementing a strategic unit interior and exterior renovation plan, which will upgrade the units and allow the buyer to command top of the market rents. The property boasts 47% rental upside potential. Tenants appreciate the convenient location just blocks from the world-famous beaches. Ideally located in a mostly residential corridor, the property is also a short walk to Downtown Hermosa Beach for dining, entertainment, and retail. There will be no showings or open houses. Please submit offers subject to interior inspection. We politely request that you do not disturb the tenants nor walk around the property.
Off market
$2,036,400
307 25th St, Hermosa Beach, CA 90254
2beds
2baths
1,320sqft
MultiFamily
Built in 1947
-- sqft lot
$2,036,400 Zestimate®
$1,543/sqft
$5,931 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Cooling
- Other
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Tile, Laminate
- Common walls with other units/homes: Attached
Interior area
- Total interior livable area: 1,320 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Lot
- Size: 2,304 sqft
Details
- Parcel number: 4182028010
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1947
Community & neighborhood
Location
- Region: Hermosa Beach
Other
Other facts
- County: Los Angeles
- Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
- PropertyType: Residential Income
- Roof: Composition
- SourceLivingArea: Vendor Enhanced
- Cooling: Other
- SourceLotSizeArea: Vendor Enhanced
- Flooring: Tile, Laminate
- CommonWalls: Attached
- ViewDescription: Bay, Coastline
- ParkingGarage: Attached
- Heating: Combination
- BathroomFeatures: Remodeled
- Country: US
- Style: Contemporary
- ListingArea: Hermosa Beach Sand
- ListingStatus: Pending
- DirectionFaces: South
- UnitTypeType: 2106, 2107
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Estimated market value
$2,036,400