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Sold for $2,570,000 on 04/29/24
  • Listing Provided by: 

    Luke Smith DRE #02037906 310-702-0128,

    Real Brokerage Technologies, Inc.

    Bought with: AWM Realty
    $2,570,000

    916 1st St, Hermosa Beach, CA 90254

    10beds
    5baths
    3,838sqft
    Quadruplex
    Built in 1965
    -- sqft lot
    $2,787,600 Zestimate®
    $670/sqft
    $5,911 Estimated rent

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    $15,926/mo

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    What's special

    Introducing 916 1st Street, a rare opportunity to own a multi-unit property in the coveted Hermosa Beach area. First time on the market since 1977, this property presents an excellent investment potential with its four units, offering a total of 10 bedrooms and 5 bathrooms spread across 3,835 square feet of living space. The units consist of four well-appointed units: three 2-bedroom, 1-bathroom units, each spanning 850 square feet, and one spacious 4-bedroom, 2-bathroom unit boasting 1,285 square feet. With laminate flooring throughout and new carpet in the bedrooms, each unit provides comfortable living spaces. Convenience is key with four garage spots and washer & dryer hookups available. Additionally, private patios offer serene outdoor areas to unwind and enjoy the coastal breeze. Situated on a generous lot spanning 6,757 square feet, this property offers ample space for residents to enjoy. Located just minutes from the beach and within walking distance to the vibrant King Harbor Plaza and pier, residents can indulge in the vibrant beach lifestyle that Hermosa Beach is renowned for. Don't miss this chance to own a piece of Hermosa Beach real estate and capitalize on its prime location and investment potential!

    Zillow last checked: 8 hours ago

    Listing updated: April 29, 2024 at 03:50pm

    Listing Provided by:

    Luke Smith DRE #02037906 310-702-0128,

    Real Brokerage Technologies, Inc.

    Bought with:

    Qing Linda Wang-Mizukami, DRE #01258472

    AWM Realty

    Source: CRMLS,MLS#: SR24042910MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Wall Furnace
    Appliances
    • Included: Gas Oven, Gas Range, Water Heater
    • Laundry: Washer Hookup, Gas Dryer Hookup, See Remarks
    Features
    • Balcony, Ceiling Fan(s), Crown Molding, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary
    • Flooring: Carpet, Laminate
    • Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below
    Interior area
    • Total structure area: 3,838
    • Total interior livable area: 3,838 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Driveway, Garage
    • Garage spaces: 4
    Accessibility
    • Accessibility features: Parking
    Features
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,757 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 4186031008
    • Zoning: HBRPYY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: See Remarks
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, See Remarks, Water Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Hermosa Beach

    HOA & financial

    Other financial information
    • Total actual rent: 138732

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
    • Road surface type: Paved
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    Estimated market value
    $2,787,600