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20 22nd Street, Hermosa Beach, CA 90254
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20 22nd Street
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More Like This
  • MLS#: SB25008552 ( Single Family Residence )
  • Street Address: 20 22nd Street
  • Viewed: 6
  • Price: $5,999,000
  • Price sqft: $1,645
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 3646
  • Bedrooms: 7
  • Total Baths: 6
  • Full Baths: 6
  • Garage / Parking Spaces: 10
  • Days On Market: 42
  • Additional Information
  • County: LOS ANGELES
  • City: Hermosa Beach
  • Zipcode: 90254
  • District: Hermosa
  • Provided by: Joseph Group
  • Contact: William William
  • DMCA Notice
  • 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.
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Features
Architectural Style
  1. Contemporary
Assessments
  1. None
Association Fee
  1. 0.00
Carport Spaces
  1. 3.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 32
Entry Location
  1. First floor
Fireplace Features
  1. None
Garage Spaces
  1. 7.00
Heating
  1. Central
Interior Features
  1. 2 Staircases
Laundry Features
  1. Common Area
  2. Gas & Electric Dryer Hookup
  3. Gas Dryer Hookup
  4. Inside
Levels
  1. Two
Living Area Source
  1. Assessor
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
Parcel Number
  1. 4182004008
Parking Features
  1. Built-In Storage
  2. Attached Carport
Pool Features
  1. None
Property Type
  1. Single Family Residence
Property Condition
  1. Turnkey
  2. Updated/Remodeled
School District
  1. Hermosa
Sewer
  1. Public Sewer
Spa Features
  1. None
Utilities
  1. Sewer Connected
View
  1. Ocean
Waterfront Features
  1. Beach Access
Water Source
  1. Public
Year Built
  1. 1959
Year Built Source
  1. Public Records
Zoning
  1. HBC1*