563 2nd St - Apartments FOR SALE
Hermosa Beach, CA 90254 |
563 2nd St
Hermosa Beach, CA 90254
HIGHLIGHTS
- Premier Hermosa Beach Location: Situated just a few blocks from The Strand and the sparkling Pacific Ocean.
- Prime Investment Opportunity: This triplex property serves as an ideal asset with strong potential for owner-occupancy.
- ADU Expansion Potential: Outstanding chance to develop Accessory Dwelling Units (ADUs) to boost rental income (Buyer to verify).
- Favorable Rent Regulations: Exempt from Los Angeles City rent control, falling under AB 1482.
- Accessible Residential Financing: Eligible for standard residential loans.
- Modern Unit Features: Includes a fully renovated studio unit, plus Unit C featuring its own private deck for added comfort and desirability.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
1145
STORIES
2
YEAR BUILT
1918
PARKING SPACES
2
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
4188-025-003
