22nd Street
 Hermosa Beach, California 
Hermosa Beach, California
 Listed By Joseph Group 
 The Single Family Home for Sale located at Hermosa Beach, California is currently for sale.  Hermosa Beach, California is listed for $6,975,000.  This property has 7 bedrooms, 6 bathrooms, Ocean View, Contemporary, Attached Garage features.  If the property located at Hermosa Beach, California isn't what you're looking for, visit  https://www.customtestdomain.store  to see other  Single Family Homes for Sale in Hermosa Beach  . 
 Date Updated : Jan 22, 2025
MLS#: 373824782
$6,975,000 USD
  •  Type 
    Single Family Home
  •  Bedrooms 
     7 
  •  Bathrooms 
     6 
  •  Home/Lot size 
     339m²   (3,646ft²) 
 The details 
 Property features 
 Key features 
  • Ocean View
  • Contemporary
  • Attached Garage
 Construction details 
  •  Year built: 1959
  •  Building condition:  Remodeled  Turnkey 
  •  Style:  Contemporary 
 Other features 
  •  Property features:  Laundry  Parking  2 Staircases 
  •  Cooling system:  Central AC 
  •  Heating system:  Central 
  •  Garages:  7 
 Area 
  •  Property size:  339m²   (3,646ft²) 
  •  Land/Lot size:  306m²   (3,296ft²) 
  •  Bedrooms: 7
  •  Bathrooms:  6 
  •  Total rooms:  13 
 School information 
  • High School District: Hermosa
 Description 
Rarely does one of the crown jewels of Hermosa Beach multifamily become available with $357,348 in pro forma annual gross income and $248,498 in pro forma net income (3.56% cap rate). Just one home off the Hermosa Beach Strand, this high-end luxury 5-unit trophy asset 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. The building features 7 parking spots, 4 of which are garage parking. This high-end luxury building offers a turnkey investment opportunity in one of the most exclusive neighborhoods within the South Bay. Current rent roll reflects $26,225 per month with pro forma income for Unit E.
 Location 
 Hermosa Beach, California 
 Courtesy of  William Joseph  Joseph Group 
Listing Contact: 310-415-4655 
Palm Springs
California
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