538 8th Street, Hermosa Beach, CA 90254

$6,752,100
9,083
SqFt
List Price
$6,752,100
Price Change
▼ $497,900 1536908246
Status
ACTIVE
MLS#
SB18170401
Year Built
1971
Living Sq. Ft
9,083
Lot Size
6,483
Lot Location
6-10 Units/Acre, Greenbelt
Days on Market
125
Property Type
Multifamily
Stories
Three Or More Levels

Property Description

538 8th Street, Hermosa Beach is a once in lifetime 10-unit apartment building located in the sand section just five blocks from the beach with proximity to Hermosa Beach, Redondo Beach and Manhattan Beach piers. This well-kept property is located west of Valley Drive and consists of four levels, two of which are dedicated to living space, a subterranean parking garage, and an expansive rooftop deck with ocean and valley views . The building has 9,083 square feet on 6,483 sqft lot of land (0.02 Acres) zoned R3. The apartment unit mix consists of nine 2-bedroom units and one 1-bedroom unit. Each unit comes with gas range, refrigerator and dishwasher. Each unit also has a balcony deck some of which have valley and ocean views. The property has five assigned tandem parking spots and five assigned single parking spaces as well as one guest spot for a total of 16 parking spots on the property. The property also has a dedicated laundry room with two washers and two dryers, storage room and an interior bicycle storage area. Boasting an excellent walkscore of 88, tenants have access to many amenities including the greenbelt, Hermosa Beach restaurants and shops and the Redondo Beach harbor. For families, this property also provides proximity to several award Hermosa Beach schools as well as Mira Costa High School and Redondo Union High School. Six out the ten units are currently on month-to-month tenancy.

Additional Information

Tract Number
31680
Lot Description
Smoke Detector, Sidewalks
Appliances
Dishwasher, Gas Range, Refrigerator, Water Heater Central, Water Heater Unit
Pool Description
None
View
Ocean, Peek-A-Boo, Valley
Garage Spaces Total
15
Sewer
Public Sewer
Water
Public
Attached Structure
Attached

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of William Joseph from Strand Hill Christies International Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.