419 24th Street

    Hermosa Beach, CA 90254
    • $1,799,000
    • STATUS: Active
    • ON SITE: 76 days
    • ID#: SB17271884
    UPDATED: 58 min ago
    $1,799,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,337
      SQFT
    • $1,346
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1911
    County:

    School Ratings & Info

    Description

    Huge Price Drop! Motivated Seller! This is a Classic Beach Bungalow with TONS of charm is located on a deep lot at the peak of the Hermosa Sand Section. The home is currently rented to great tenants for $3600/month (escalating to $3800/month in January 2018) through June 2018. It is perfect for a modest owner as an investment, owner user property or as a development opportunity. The property is also being offered as an extension development opportunity to architect Michael Lee+GGs design next door at 429 24th Street, Hermosa Beach (See MLS ID: SB17141879). If you eventually build, you will have the potential for wonderful Palos Verdes and ocean views. Located just 4 short blocks from the beach and a few more to Downtown Hermosa Beach, this is an oversized Sand Section lot that is filled with potential. The wonderfully, classic Bohemian home exudes charm.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-23T14:30:08.457. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.themarellygroup.com/homes/79270583

    419 24th Street Hermosa Beach, CA 90254

    • Price: $1,799,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: SB17271884
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1,337
    SQFT
    $1,346
    $/SQFT
    1911
    Built
    Neighborhood:
    148 - Hermosa Bch Sand
    County:
    Los Angeles
    Area:
    148 - Hermosa Bch Sand
    Property Description
    Huge Price Drop! Motivated Seller! This is a Classic Beach Bungalow with TONS of charm is located on a deep lot at the peak of the Hermosa Sand Section. The home is currently rented to great tenants for $3600/month (escalating to $3800/month in January 2018) through June 2018. It is perfect for a modest owner as an investment, owner user property or as a development opportunity. The property is also being offered as an extension development opportunity to architect Michael Lee+GGs design next door at 429 24th Street, Hermosa Beach (See MLS ID: SB17141879). If you eventually build, you will have the potential for wonderful Palos Verdes and ocean views. Located just 4 short blocks from the beach and a few more to Downtown Hermosa Beach, this is an oversized Sand Section lot that is filled with potential. The wonderfully, classic Bohemian home exudes charm.
    Exterior Features

    Garage Spaces 1.00 Lot Features Back YardPark Nearby Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Area Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Curbs Country Us Elevation Units Feet Gross Income 43200.00 Gross Scheduled Income 43200.00 Insurance Expense 1000.00 Land Lease YN No Laundry YN Yes Net Operating Income 21610.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 21590.00 Trash Expense 0.00 Water Source Public Year Built Source Assessor Zoning Hbr1yy

    Listing provided courtesy of J. Gregory Maffei of Re/Max Estate Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-23T14:30:08.457. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    The Marelly Group | Realty One Group
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003