Hermosa Beach, CA 90254,121 2nd ST
$2,150,000
$2,375,000
9.5%
Est.Price: ?

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3,005 Sqft Lot

121 2nd ST Hermosa Beach, CA 90254

Est. payment /mo
SOLD DATE : 04/06/2015

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Key Details

Sold Price $2,150,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB14232078

Year Built 1926

Tax Year 2013

Lot Size 3,005 Sqft

Property Description

Amazing opportunity steps from the beach in the Hermosa Beach Sand Section. This 5 unit property (buyer to verify) is a major fixer/teardown. The rents in some units have not been raised in 20 years, so there is potential to raise the rents while you're planning the build. Seller states that two units can be built on the almost 3,000 sq ft lot. There are three structures currently on the lot... two 1/1 bungalows and one 2 story building with a 3/1.5 upstairs and two 1/1's downstairs. Hugely desirable corner lot with frontage on three streets in a great location!

Location

State CA

County Los Angeles

Area 148 - Hermosa Bch Sand

Interior

Cooling None

Fireplaces Type None

Laundry None

Exterior

Parking Features On Street

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Sidewalks

Utilities Available Sewer Connected

Building

Lot Description Near Public Transit

Story Two

Water Public

Others

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Aaron Klapper • Shorewood Realtors
Bought with Patrick Panzarella • Shorewood REALTORS

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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