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.
Off market
$3,480,300
546 Monterey Blvd, Hermosa Beach, CA 90254
8beds
0baths
3,360sqft
Quadruplex
Built in 1972
-- sqft lot
$3,480,300 Zestimate®
$1,036/sqft
$4,957 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
Heating
- None, Other
Cooling
- None
Appliances
- Included: Dryer
- Laundry: Dryer Included, Washer Included, Common Area
Features
- Flooring: Other
- Common walls with other units/homes: 1 common wall
Interior area
- Total interior livable area: 3,360 sqft
Property
Parking
- Total spaces: 8
Features
- Levels: Three Or More
- Exterior features: Other
- Waterfront features: Ocean Side Of Highway 1
Lot
- Size: 3,049 sqft
- Features: 16-20 Units/Acre
Details
- Parcel number: 4188019073
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mid Century Modern
- Property subtype: Quadruplex
Materials
- Roof: Other
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Phone Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Hermosa Beach
Other
Other facts
- CommonWalls: 1 common wall
- CommunityFeatures: Sidewalks, Urban, Street Lights, Park, Biking, Watersports
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- ParkingFeatures: Assigned
- LaundryFeatures: Dryer Included, Washer Included, Common Area
- View: Peek-A-Boo
- DirectionFaces: West
- Levels: Three Or More
- MLSAreaMajor: 148 - Hermosa Bch Sand
- FoundationDetails: Pillar/Post/Pier
- LotFeatures: 16-20 Units/Acre
- Appliances: Barbecue
- ExteriorFeatures: Barbecue Private
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- RoadSurfaceType: Paved
- PropertySubType: Quadruplex
- LotSizeSource: Assessor
- Utilities: Phone Connected, Water Connected, Sewer Connected, Natural Gas Connected
- WaterSource: Public
- RoadFrontageType: City Street
- WaterfrontFeatures: Ocean Side Of Highway 1
- Roof: Flat
- ArchitecturalStyle: Mid Century Modern
- Sewer: Public Sewer
- StandardStatus: Active
- SeniorCommunityYN: 0
- ParcelNumber: 4188019073
- TaxTractNumber: 1686
- Road surface type: Paved
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Estimated market value
$3,480,300