259 28th St - Apartments FOR SALE


Hermosa Beach, CA 90254
$2,725,000 USD
310-427-2414
259 28th St, Hermosa Beach, CA for Sale
$2,725,000 USD
Apartments - FOR SALE
1/18
null | 3% Cap Rate

259 28th St
Hermosa Beach, CA 90254


HIGHLIGHTS

  • Ocean Views
  • Four One Bed, One Bath Units

OVERVIEW

Nestled near the top of one of North Hermosa's most enchanting streets in the prestigious Sand Section, this rare quadplex boasts breathtaking south and west-facing ocean views. Each of the four well-maintained 1-bedroom, 1-bath units features updated kitchens with sleek granite countertops. The property also includes two one-car garages, with two of the units enjoying their own designated garage space—an invaluable feature in this coveted beachside neighborhood. Perfectly positioned between the Manhattan and Hermosa Beach piers, this property offers unparalleled access to vibrant restaurants, boutique shops, and sandy shores. Whether you're seeking a charming weekend retreat with rental income or a pure investment opportunity, this exceptional property embodies the coastal lifestyle that makes Hermosa Beach one of California's most sought-after communities.

FOR SALE DETAILS

PRICE

$2,725,000 USD

PRICE/SF

$1,269 USD /SF

# OF UNITS

4

PRICE/UNIT

$681,250

CAP RATE

3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,400 SF

ZONING

R2

APN/PARCEL ID

4181-022-043

ASK ABOUT THIS PROPERTY

Ed KaminskyKaminsky Real Estate GroupMore Info
310-427-2414

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Ed KaminskyKaminsky Real Estate GroupMore Info
310-427-2414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.