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Apartments For Sale • 1,145 SF
| Premier Hermosa Beach Location: Situated just a few blocks from The Strand & the sparkling Pacific Ocean. |
| Prime Investment Opportunity: This triplex property serves as an ideal asset with strong potential for owner-occupancy. |
| ADU Expansion Potential: Outstanding chance to develop Accessory Dwelling Units (ADUs) to boost rental income (Buyer to verify). |
| Favorable Rent Regulations: Exempt from Los Angeles City rent control, falling under AB 1482 for competitive annual rent adjustments. |
| Modern Unit Features: Includes a fully renovated studio unit, plus Unit C featuring its own private deck for added comfort and desirability. |
| Robust Income Stream & Growth Potential: Boasts a current cap rate of 2.84% and GRM of 21.66, with pro-forma projections reaching a 3.71% cap rate. |
| Total Expenses: | $31,080 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 16 min | - | 7.2 mi |
| Long Beach (Daugherty Field) | 24 min | - | 15.4 mi |
| Bob Hope | 49 min | - | 34.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 2 |
| Type: | TwoCarGarage |
| Included in Rent: | Yes |
