546 Monterey Boulevard

Hermosa Beach, CA 90254

$2,950,000

Status: Active

  • 4Units
  • 3,360SQ. Feet
  • 3,143Lot Sq. Ft.

3 Units MONTH TO MONTH AND 1 VACANCY: great option to buy as CA moves towards rent control! Reduced price on prime investment opportunity: 4 UNIT MULTIFAMILY building just a few blocks from the beach. OCEAN VIEWS from front units. Walking distance from downtown Hermosa. 4 two bedroom/1 bathroom apartments - easy to rent. Current tenants are on month-to-month basis. TWO COVERED/ENCLOSED PARKING SPACES for EACH UNIT! NEWLY RESTORED roof top deck and roof. Termite work just completed along with new exterior paint! Stainless appliances in the kitchens PLUS each unit has it's own stainless steel grill on the rooftop deck. This is a well maintained building - only the second owner (built 1972). Turnkey building steps from the sand. Common laundry room with coin-operated washer/dryer for additional revenue.

Key Info

  • TypeResidential Income
  • StatusActive
  • Year Built1972
  • Days on Market128
  • Price$2,950,000
  • Price/Sqft$878
  • Date ListedJune 6th, 2019
  • MLS® #PV19133814

Interior

  • Square Footage3,360
  • Units4
  • Bathrooms0.00
  • CoolingNone
  • Parking Spaces8
  • Garage Spaces8

Listing Details

  • Listing AgentClint Patterson(01877253)
  • Listing OfficeBerkshire Hathaway HomeService

Community Information

  • AreaHermosa Beach Sand (148)
  • CityHermosa Beach, CA
  • Zip Code90254
  • CountyLos Angeles

Exterior

  • StyleMid Century Modern
  • Lot Sq. Ft.3,143

Price Change History for 546 Monterey Boulevard, Hermosa Beach, CA (MLS® #PV19133814)

Date Details Change
Price Reduced from $3,000,000 to $2,950,000 $50,000 (1.67%)
Price Reduced from $3,100,000 to $3,000,000 $100,000 (3.23%)
Price Reduced from $3,200,000 to $3,100,000 $100,000 (3.13%)
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Based on information from California Regional Multiple Listing Service, Inc. as of October 13th, 2019 at 9:07pm PDT. 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.