4th Street & PCH offers an investor or owner occupant the opportunity to acquire a completely renovated turn-key property with built-in income. With a total of 4,350 building sq. ft. on a 2,250 sq. ft. lot, the property consists of street level commercial and upper level residential units. The commercial space is currently leased by upscale retailer Pampered Tot and residential units are 100% leased. Located on a Pacific Coast Highway in Hermosa Beach, this property sits on a highly visible corner of this desirable community in the South Bay Beach Cities of Los Angeles. In close proximity to global automotive, aerospace companies headquartered in the South Bay, walking distance to the Pacific Ocean and in the heart of an affluent neighborhood, this is an ideal property for investment purposes. Newly renovated: New underground 400 amp electrical entrance, New Roof, New skylights, New plumbing throughout entire building, New paint inside and out, throughout the building. 2,100 square feet of upscale retail and office space currently leased. 3 residential apartments units, One 2 Bed/1 Bath unit; and Two 1 Bed/1 Bath units. Complete apartment remodels down to studs: New carpets, floors, doors, water heaters, 2” wood blinds, all-new kitchens, all-new bathrooms
Off market
$2,863,000
750 4th St, Hermosa Beach, CA 90254
4beds
4baths
4,350sqft
MultiFamily
Built in 1922
-- sqft lot
$2,863,000 Zestimate®
$658/sqft
$5,288 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall, Electric, Gas
Cooling
- None
Appliances
- Included: Microwave, Range / Oven, Refrigerator
Features
- Flooring: Tile, Hardwood
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 4,350 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Stucco
- Has view: Yes
- View description: City
Lot
- Size: 2,250 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1922
Community & neighborhood
Location
- Region: Hermosa Beach
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Estimated market value
$2,863,000