CA > Hermosa Beach
Hermosa Beach, CA 90254,20 22nd ST
Hermosa Beach, CA 90254,20 22nd ST
Hermosa Beach, CA 90254,20 22nd ST
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$5,999,000
Est. payment /mo
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7 BD
6 BA
3,646 SqFt
Price Dropped by $976K

20 22nd ST Hermosa Beach, CA 90254

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Adam Renick

Adam Renick

Coldwell Banker West

+1(619) 678-8186

UPDATED:

02/09/2025 08:54 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,646 sqft

Price per Sqft $1,645

MLS Listing ID SB25008552

Bedrooms 7

Full Baths 6

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1959

Lot Size 3,297 Sqft

Property Sub-Type Single Family Residence

Property Description

JUST REDUCED by $976,0000 this Class A 5-unit apartment building sits one off Hermosa Beach Strand. With $357,348 in pro forma annual gross income and $258,921 in pro forma net income (4.3% cap rate). This is high-end trophy asset has 7 parking spots and 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. This high-end luxury building offers a turnkey investment opportunity in one of the most exclusive neighborhoods within the South Bay.

Location

State CA

County Los Angeles

Area 148 - Hermosa Bch Sand

Zoning HBC1*

Rooms

Main Level Bedrooms 2

Interior

Interior Features Multiple Staircases

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Attached Carport, Storage

Garage Spaces 7.0

Carport Spaces 3

Garage Description 7.0

Pool None

Community Features Sidewalks

Utilities Available Sewer Connected

Waterfront Description Beach Access

View Y/N Yes

View Ocean

Attached Garage Yes

Total Parking Spaces 10

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Turnkey

Schools

School District Hermosa

Others

Senior Community No

Tax ID 4182004008

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by William Joseph • Joseph Group • 310-415-4655

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agent

Adam Renick

Agent | License ID: 01979227

+1(619) 678-8186

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20 22nd ST