201 28th Street,  Hermosa Beach CA, 90254 (Residential)

6 beds , 5 Full baths
2,490 sqft
Status: Pending
MLS#: SB16750687
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Last Updated: 12/9/2016 2:47 AM
Description for 201 28th Street Hermosa Beach, CA 90254
Welcome to 201 28th Street. Currently an ocean view duplex just a block from the beach in the most sought after neighborhood in Hermosa. The lot and location offer an abundance of possibilities, including building a brand new single family home with panoramic ocean views and an estimated 3,600 square feet. The separation from neighborhing homes would make for sit down views from the entire 2nd and 3rd levels. Located equidistant between the Hermosa and Manahattan Piers, this north Hermosa neighborhood has a wonderful community feel with easy access to both downtown areas as well as a variety of neighborhood restaurants and shops. Whether you're a buyer, investor or developer, the possibilities are endless. Currently being used as duplex with 4 bed/3 bath and a 2 bed/2 bath units both featuring private balconies and great ocean views. Other options include buy and hold with built-in reliable rental income and for capital appreciation. Renovate existing original interiors for added value and significant upside in rents (estimated potential $6,000 & $3,200 = 3.3 cap). Or, live in one unit and rent the other for an affordable beach lifestyle while your tenant helps to payoff your mortgage. Regardless of how you chose to utilize this property, its location, full lot and unit configuration are a winning combination. Square footage per appraisal. Buyer to verify. Also listed as residential income MLS SB16749512 with more information on current rentals
Price
$2,400,000
Los Angeles
6
5 Full
2,490 (approx)
SB16750687
Pending
Description
Welcome to 201 28th Street. Currently an ocean view duplex just a block from the beach in the most sought after neighborhood in Hermosa. The lot and location offer an abundance of possibilities, including building a brand new single family home with panoramic ocean views and an estimated 3,600 square feet. The separation from neighborhing homes would make for sit down views from the entire 2nd and 3rd levels. Located equidistant between the Hermosa and Manahattan Piers, this north Hermosa neighborhood has a wonderful community feel with easy access to both downtown areas as well as a variety of neighborhood restaurants and shops. Whether you're a buyer, investor or developer, the possibilities are endless. Currently being used as duplex with 4 bed/3 bath and a 2 bed/2 bath units both featuring private balconies and great ocean views. Other options include buy and hold with built-in reliable rental income and for capital appreciation. Renovate existing original interiors for added value and significant upside in rents (estimated potential $6,000 & $3,200 = 3.3 cap). Or, live in one unit and rent the other for an affordable beach lifestyle while your tenant helps to payoff your mortgage. Regardless of how you chose to utilize this property, its location, full lot and unit configuration are a winning combination. Square footage per appraisal. Buyer to verify. Also listed as residential income MLS SB16749512 with more information on current rentals
Listing Information
Property Type: Other, Spanish, 2 Story
6 5 Full
0.05 Acres 2,398 sq.ft. 2,490 (approx)
$963.86 1973
Yes- 2 spaces 2
Stucco
Neighborhood
School Information
District: Hermosa
HERMOSA VIEW HERMOSA VALLEY OTHER
Room Information
Bathrooms
5
Living Room
First Floor Bedroom
Interior Features
Gas Range/Cooktop, Range Hood, Refrigerator
Carpet Wall to Wall
None
Gas Heat
No Fireplace
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, Covered, Driveway, Garage
Stucco
Balcony
Composition
None
No Pool
Ocean, Coastline View, Catalina Island View
30X80
HBR2*
Gutters, Sidewalks, Street Lights, Curbs Walk
Driving Directions
Manhattan Ave and 28th Street
Financial Considerations
4181022044
Listing Price History

Hermosa Beach Real Estate

Hermosa Beach is located in California. Hermosa Beach, California 90254 has a population of 19,535.

The median household income in Hermosa Beach, California 90254 is $100,696. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Hermosa Beach 90254 is 38.5 years.

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Courtesy: Vista Sotheby’s Realty Keith Kyle
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Information is deemed reliable but is not guaranteed.

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