630 3rd Street, Hermosa Beach, CA 90254
Property
Sold April 2023
Listing Agent: Jonathan Weir (DRE #02038545) · Listing Office: Marcus & Millichap · Contact: 424-405-3900 · Bought with: Fatima Jen · Home Team Realty · MLS #23246495 · Source: CRMLS
About this property
We are pleased to present, as an exclusive advisor, 630 3rd St, a 4 unit in the highly desirable Hermosa Beach submarket. The property is west of PCH and seconds from the Green Belt. The building is estimated 4,930 sqft with massive units . Each unit is a 2b/2b townhome with two garages per unit. A new owner can benefit from a rare coastal market acquisition, newer construction relative to other properties in the area, a nice building that can be taken a "step further", and a low price per foot compared to other sales in the beach cities. Two units have been renovated, all new windows, electrical, plumbing, newer roof, railings, and more. The property is fully occupied and estimated 43% upside in rents.
Listing description from the April 2023 sale, as reported to CRMLS.
Sale history