Listed by Jonathan Weir with Marcus & Millichap

630 3rd Street

Hermosa Beach, CA, 90254

$3,375,000

$684 per ft²
$3,375,000
$684 per ft²
Active
Active
 - For Sale
beds
8 Beds
baths
8 Baths
carpenters-square
4,930 ft²
property_type
Multi-family
calendar
Built 1986
We are pleased to present, as an exclusive advisor, 630 3rd St, a 4 unit in the highly desirable Hermosa Beach submarket. The property is west of PCH and seconds from the Green Belt. The building is estimated 4,930 sqft with massive units . Each unit is a 2b/2b townhome with two garages per unit. A new owner can benefit from a rare coastal market acquisition, newer construction relative to other properties in the area, a nice building that can be taken a "step further", and a low price per foot compared to other sales in the beach cities. Two units have been renovated, all new windows, electrical, plumbing, newer roof, railings, and more. The property is fully occupied and estimated 43% upside in rents.
MLS® ID:
23246495
Listed:
2/28/23
Updated:
3/20/23
Compass
Accardo Real Estate Company

Interior Features

Kitchen Appliances
Dishwasher, Refrigerator
Total Bedrooms
8
Total Bathrooms
8
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
4,843 ft² lot

Other Property Details

Area Name
149 - Hermosa Bch Valley
Garage
Yes
Garage Spaces
8
Parking
Garage
Parking Total
8.0
View
N
County
Los Angeles
Pool
No
Total Stories
1
Zoning
HBR3YY
Buyer Agency Compensation
2.000

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/20/23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/20/23 at 8:08 PM UTC

Compass
Accardo Real Estate Company
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