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71 19th St
Hermosa Beach, CA 90254

$4,750,000 USD

Multifamily For Sale  •  4,032 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 4,032 SF
  • Year Built 1950
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

Public Transportation

AirportDriveWalkDistance
Los Angeles International 16 min - 7.3 mi
Long Beach (Daugherty Field) 26 min - 16.3 mi
Bob Hope 48 min - 33.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: OneCarGarage
Included in Rent: Yes
Daniel Shieh 310-990-2131 Lyon Stahl Investment Real Estate
Daniel Shieh 310-990-2131 Lyon Stahl Investment Real Estate