1251 Prospect Avenue, Hermosa Beach, CA 90254 (MLS # SB17089224)

Price $2,499,999
Status Active
Beds 0
Baths 0 bath
Home size 3,180 sq ft
Lot Size 4,720 sqft
Days on Market 114
HUGE PRICE REDUCTION!!! Price just reduced $300,000. Bring all reasonable offers ASAP. The subject property is a 4 unit apartment building located at 1251 Prospect Avenue in Hermosa Beach. The property is ideally located off Aviation Boulevard allowing easy access to the 405 freeway yet a short bike ride to the beach. The Hermosa Beach Pier is a mere 6 blocks away! The unit mix consists of 1-3BR/2BA and 3-1BR/1BA. There have been many capital improvements including a replaced roof and copper plumbing. There is a small patio in the rear for the tenants to enjoy and 3 of the 4 units have hardwood floors. There is ample onsite parking (garages) which is a premium for the area. The property was originally built in 1959, them total building square footage is 3,180 and it sits on 4,721 square foot lot. 1251 Prospect Avenue represents the perfect opportunity for an owner/user or investor looking to acquire multi-family in a prime South Bay neighborhood.
Property Type(s): Residential Income
Last Updated 5/23/2017 Year Built 1959
Community 150 - Hermosa Bch East County Los Angeles

Price History

Prior to May 23, '17 $2,800,000
May 23, '17 - Today $2,499,999

Additional Details

AREA 150 - Hermosa Bch East
LOT 4721 sq ft
WATER Public



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Listing provided by : Brian Estes CalBRE:01394559, Re/Max Commercial & Investment

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