Real Estate in San Diego's North County — Adam Foley — DRE #01973295

MLS# SB25008552 – 20 22nd Street, Hermosa Beach, CA 90254

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$5,999,000 - 7Br/6Ba - for Sale in Hermosa Beach
Price: $5,999,000
Beds: 7
Baths: 6
Living Area SqFt: 3,646
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.08
Lot Size SqFt: 3,297
Year Built: 1959
Days on Website: 25

Property listed by Joseph Group, William Joseph 310-415-4655

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Property Description

JUST REDUCED by $976,0000 this Class A 5-unit apartment building sits one off Hermosa Beach Strand. With $357,348 in pro forma annual gross income and $258,921 in pro forma net income (4.3% cap rate). This is high-end trophy asset has 7 parking spots and consists of: (1) 2-Bed/2-Bath unit with an OCEAN VIEW, (1) 2-Bed/1-Bath unit that has an amazing patio and OCEAN VIEW as well as (3) 1-Bed/1-Bath units. This high-end luxury building offers a turnkey investment opportunity in one of the most exclusive neighborhoods within the South Bay.

Open House

Property Details and Features

  • Bathrooms
  • 1 main level bathroom
  • 6 full bathrooms
  • 6 total bathrooms
  • Bedrooms
  • 2 main level bedrooms
  • 7 total bedrooms
  • Building
  • Built in 1959
  • Levels: Two
  • Living area: 3646
  • 2 stories
  • Architectural style: Contemporary,Attached
  • Common walls: TwoCommonWallsOrMore
  • Community
  • Sidewalks
  • Cooling
  • CentralAir
  • Fireplaces
  • None
  • Garage
  • 7 spaces
  • Heating
  • Central
  • Interior Features
  • MultipleStaircases
  • Laundry
  • CommonArea
  • ElectricDryerHookup
  • GasDryerHookup
  • Inside
  • Listing
  • ListingID: SB25008552
  • Standard status: Active
  • 22 days on market
  • Location
  • Country: US
  • Lot
  • 0.0757 acres
  • 3,296 square feet
  • Size: 3,296
  • TwoToFiveUnitsAcre
  • Parking
  • 3 carport spaces
  • 10 totals parking
  • AttachedCarport
  • Storage
  • Pool
  • None
  • Property
  • Zoning: HBC1*
  • Ocean
  • BeachAccess
  • Sewer
  • PublicSewer
  • Spa
  • None
  • Utilities
  • SewerConnected

Property Map

$5,999,000 – 20 22nd Street, Hermosa Beach, CA 90254

Street View

Nearby Schools

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    Adam Foley | Ranch to Sea Living
    Email: info@ranchtosealiving.com
    Phone: 858-999-5393
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    Adam Foley | Ranch to Sea Living | info@ranchtosealiving.com | Phone: 858-999-5393
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