445 Longfellow Avenue, Hermosa Beach, CA 90254

$2,799,000
List Price
$2,799,000
Status
ACTIVE
MLS#
SB23212569
Year Built
1939
Lot Size
2,475
Acres
0.06
Lot Location
2-5 Units/Acre
Days on Market
182
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level, Two Levels

Property Description

Seize the chance to own this Duplex with great income potential! This property is updated with hardwood flooring throughout and recently remodeled kitchens. This is an exceptional investment opportunity in North Hermosa Beach. Located just 4 blocks from the beach, 1 block to Robinson Elementary and a few blocks to Valley Park, this Duplex is in a prime location. This property has 2 units that are currently leased, both with below market rent. The back unit is a two-story, 3 bed/2 bath with 2 fireplaces and includes a 2-car garage with convenient back-alley access. This unit is being leased for $5,000/month and has a lease through April 30, 2024. The front unit is an adorable 1 bed/1 bath, leased for $1,900/month and is on a month-to-month lease. Don't miss out on this fantastic opportunity to invest in a prime Hermosa Beach sand section location with great income potential and secure your future financial success.

Additional Information

Pool Description
None
Fireplace Description
Living Room, Primary Bedroom
Heat
Central
Cooling Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$82,800
Operating Expense
5604

Listing courtesy of Listing Agent: Molly Hobin Williams (molly@thehobincompany.com) from Listing Office: Bayside.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.