Hermosa Apartments

Location, location, location, only a short distance to walk to Hermosa Beach. The property is titled yet only separated from the ocean front by a road and beachfront homes/properties.
The lot is over 1,000 sq. meters. The property, an 8 unit complex offers; 4 total lockout bedrooms with 4 baths (two upstairs and two downstairs), two studios with two baths (one up and one down), an owner’s one bedroom one bath apartment (there is a 2nd bath almost completed), plus downstairs there is a caretakers apartment. The complex also includes a covered common area with a washer, dryer, and bathroom, storage shelves. There is a kitchen outside below the stairs and next to the outside main floor patio. Most furnishings are included in the price. Additionally there is a bodega for storage and there is an outdoor shower. The lot is completely walled in and has plenty of room for a pool or expansion. Total of 8 bedrooms, 9 baths (plus a second bathroom in the owner’s apartment that is almost completed).

Great opportunity for owner occupancy with ability to enjoy rental income from the other units!
Owner may consider lease option or seller may carry a mortgage. …Read Less