Great Income Prop in Hermosa Beach
- Features
This bread and butter income property consists of two buildings, a quaint 2 bedroom 1 bath cottage and a detached 3 unit building consisting of (3) 1 bedroom 1 bath units all recently upgraded that get great rents. The future of this property allows for the development of two larger townhomes with ocean views. With the majority of apartment buildings being torn down for new development throughout the city, this property is very easy to lease and rents in the future should only go up as the scarcity of apartment buildings grows. Great 1031 exchange property that gives you good income and future development potential. Buyer to verify lot demensions, size and future development potential and actual meters on site.
- Bedrooms: 5
- Baths: 4
- Year Built: 1950
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