$2,825,000
$2,899,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,356 Sqft Lot
SOLD DATE : 10/31/2023
Key Details
Sold Price $2,825,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23128700
Sold Date 10/31/23
Bedrooms 5
HOA Y/N No
Lot Size 2,356 Sqft
Property Description
This fantastic duplex is in an A+ location just a couple blocks to the water, and neighbors some of the most spectacular homes in the whole City, on Monterey, Circle Drive and Bayview. Custom built in 1972 by one of the area's premier custom builders as his personal residence, with income property attached, this property has only had one other owner and has been meticulously maintained through the years. This was a really special build for the era, incorporating a townhome style front unit consisting of 3 bedrooms and 2 bathrooms of around 1600 Sf (btw), with vaulted truss wood beamed ceilings soaring 16 feet in the air creating drama in both units. Each unit has a crackling wood burning (and gas) fireplace. The rear unit is a flat above a spacious 2-car garage. With 2 bedrooms and one bath, around 800 sf. There are two 2-car garages, one accessed off Monterey Ave and the other off of Loma Drive in the rear. Both units have nicely upgraded kitchens and baths, with new quartz countertops, appliances, cabinet hardware and luxury paint. Both units have lots of storage, and each has a functional storage space. Each unit has a Private laundry for each unit. With the 30 height limit there is awesome potential to active panoramic Ocean Views. Live in or rent out now and remodel or build later. Rents are $5,100 front and $3,700 rear (Should be $7,500-$8,000 front and $5,000-$5,500 rear). Tenants are both month to month.
This fantastic duplex is in an A+ location just a couple blocks to the water, and neighbors some of the most spectacular homes in the whole City, on Monterey, Circle Drive and Bayview. Custom built in 1972 by one of the area's premier custom builders as his personal residence, with income property attached, this property has only had one other owner and has been meticulously maintained through the years. This was a really special build for the era, incorporating a townhome style front unit consisting of 3 bedrooms and 2 bathrooms of around 1600 Sf (btw), with vaulted truss wood beamed ceilings soaring 16 feet in the air creating drama in both units. Each unit has a crackling wood burning (and gas) fireplace. The rear unit is a flat above a spacious 2-car garage. With 2 bedrooms and one bath, around 800 sf. There are two 2-car garages, one accessed off Monterey Ave and the other off of Loma Drive in the rear. Both units have nicely upgraded kitchens and baths, with new quartz countertops, appliances, cabinet hardware and luxury paint. Both units have lots of storage, and each has a functional storage space. Each unit has a Private laundry for each unit. With the 30 height limit there is awesome potential to active panoramic Ocean Views. Live in or rent out now and remodel or build later. Rents are $5,100 front and $3,700 rear (Should be $7,500-$8,000 front and $5,000-$5,500 rear). Tenants are both month to month.
Location
State CA
County Los Angeles
Area Hermosa Beach (90254)
Zoning Assessor
Building
Lot Description Sidewalks
Story 2
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash
Space Rent $5,100
Listing Terms Cash
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Bought with Greg Geilman • DOMO Real Estate