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150 10TH ST Hermosa Beach, CA 90254
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Key Details
Sold Price $6,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22127457
Sold Date 07/29/22
HOA Y/N No
Year Built 1961
Lot Size 5,989 Sqft
Property Description
Price Reduced by Over $500,000 | A+ Location in the Heart of Hermosa Beach - Just 700 Feet from the Ocean | One Block from Both Pier Avenue & Hermosa Avenue, Two Blocks from the Hermosa Beach Pier | Significant Value-Add Potential - Approximately 71% in Rental Upside | 4.56% Pro-Forma Cap Rate & 16.01 Pro-Forma GRM | (One) 3-Bedroom/2-Bathroom Unit & (Nine) 1-Bedroom/1-Bathroom Units | Close Proximity to the Dining, Retail, & Entertainment Options of Pier Avenue, Hermosa Avenue, King Harbor, & the Hermosa Beach Pier | 10 Private Garages, Private Balconies & Enclosed Private Patios | 5,988-Square Foot Corner Lot Corner of 10th Street & Manhattan Avenue
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Zoning HBR3YY
Interior
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 10.0
Garage Description 10.0
Total Parking Spaces 10
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4187007001
Special Listing Condition Standard
Read Less
Bought with Subscriber Non • Non-Participant Office
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