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71 19th St
Hermosa Beach, CA 90254

$4,750,000 USD

Apartments For Sale • 4,032 SF

Property Details

Property Type Apartments
Total Building Size 4,032 SF
Lot Size 0.07 AC
Building Class C
Year Built 1950
Zoning R2-B

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Rare opportunity to own walk street investment property in North Hermosa Beach. 
                            
                                Two units delivered vacant, including the front main unit facing patio
                            
                                Hermosa Beach now allows short term rentals, allowing a new owner to immediately capitalize on with the vacant units
                            
                                Potential additional income from 3 vacant garages that sellers have been using (each were fetching $200/mo over 10 years ago)
                            
                                Strong long-term appreciation fundamentals driven by limited multifamily supply and high barriers to entry on the coast
                            
                                Exceptional walkability, literally just steps from the sand and pier

Property Flyers

OM - 71 19th St, Hermosa Beach

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	15 min	-	7.0 mi
Long Beach (Daugherty Field)	25 min	-	16.3 mi
Bob Hope	49 min	-	34.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1
Type:	OneCarGarage
Included in Rent:	Yes

Daniel Shieh 310-990-2131 Lyon Stahl Investment Real Estate

71 19th St Hermosa Beach, CA 90254