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Fully Remodeled & Fully Vacant – Turnkey 5-Unit Beachside Investment Opportunity!This beautifully renovated, move-in ready five-unit apartment complex is a rare gem for beach-loving investors seeking strong income potential and long-term appreciation. Located just two blocks from the sand and two blocks from the iconic Hermosa Beach Pier, this property offers an unbeatable A+ location paired with pristine A+ condition.The unit mix includes five 1-bedroom, 1-bathroom units split across two buildings. At the front, two charming bungalow-style units are connected and share a 2-car garage. In addition, there's open-air parking for five more vehicles – a major perk in this prime beach area.The rear building is a two-story structure, with upper-level units featuring beautiful ocean views from both the living rooms and bedrooms. On the ground floor, you'll find an additional unit plus two 1-car garages accessible from the alley.The remodel spared no expense – a rare find in investment properties – with high-end finishes and thoughtful upgrades designed to reduce ongoing expenses. For example, there's no landscaping maintenance or water bill thanks to the low-maintenance design.Everything is done for you. Just place your tenants and start enjoying strong returns from this exceptional coastal investment!
Last Updated | 4/24/2025 | Year Built | 1941 |
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Community | Hermosa Bch Sand | Garage Spaces | 4.0 |
County | Los Angeles |
Additional Details
AIR | None |
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APPLIANCES | Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Heater |
AREA | Hermosa Bch Sand |
GARAGE | Assigned, Yes |
HEAT | Electric, Wall Furnace |
HOA DUES | 0 |
INTERIOR | Ceiling Fan(s), Quartz Counters, Recessed Lighting, Unfurnished |
LOT | 4991 sq ft |
LOT DESCRIPTION | Landscaped, Value In Land |
PARKING | Assigned |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | Contemporary |
UTILITIES | Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | Ocean |
WATER | Public |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | Ocean Side Of Highway |
ZONING | HBR3YY |
Location
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