456 Ocean View Avenue, Hermosa Beach, CA 90254

About this property

Lowest Gross Rent Multiplier in Hermosa Beach, by significant margin!!! Two large detached ocean views townhome style income units beautifully renovated to like new status to generate premium rents. 456 (Front Unit) features a traditional floorplan with 3 bedrooms, 2.5 bath in approx. 1,843s.f. with wide plank white oak flooring, slab Caesar stone counters, new custom cabinetry, new stainless appliances, frameless shower, new fixtures, 2 car garage and 2 car apron parking and panoramic ocean views. 458 (Rear Unit) features a reverse floor plan with 5 bedrooms, 3.5 baths in approx. 2,530s.f. with wide plank white oak flooring, slab Caesar stone counters, new custom cabinetry, new stainless appliances, frameless shower, new fixtures, huge 4 car garage and panoramic ocean views. In a submarket where new townhomes are trading in low $2m’s, you can get two like new units for the price of one (almost).

Listing description from the August 2016 sale, as reported to CRMLS.

Sale history

$2,575,000

Sold August 2016 · listed $2,680,000, on market May 2016 · MLS #SB16093723 · Source: CRMLS

Listing Agent: Bryn Stroyke · Listing Office: Stroyke Properties Inc. · Contact: 310-545-9595 · Bought with: Arthur Chalekian · JohnHart Real Estate

$1,865,000

Sold July 2015 · listed $1,875,000, orig. $2,290,000, on market April 2015 · MLS #SB15068046 · Source: CRMLS

Listing Agent: Chris Broadhurst · Listing Office: Shorewood Realtors · Contact: 310-376-8871 · Bought with: Gary Kooba · Berkshire Hathaway HomeService

$1,865,000

Sold July 2015 · listed $1,875,000, orig. $2,290,000, on market April 2015 · MLS #SB15067598 · Source: CRMLS

Listing Agent: Chris Broadhurst · Listing Office: Shorewood Realtors · Contact: 310-376-8871 · Bought with: Gary Kooba · Berkshire Hathaway HomeService

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