This Multifamily Property is no longer advertised on LoopNet.com.

1538 Loma Dr
Hermosa Beach, CA 90254
Multifamily Property For Sale · 4 Units

Investment Highlights

  • IDEAL FOR THE "WORK-AT-HOME" RENTER.
  • JUST UPHILL FROM HERMOSA AVE. - QUICK WALK TO THE BEACH.
  • A SOLID “ALMOST 4% CAP” FROM DAY ONE – SOUND RETURN FOR ANY BUILDING WITH “BEACH” IN THE NAME.
  • ALL 2-BED UNITS, 3 OF WHICH RECENTLY REHABBED.
  • TENANTS ENJOY LARGE COMMUNAL DECK.
  • SOLD AS PART OF A 2-BUILDING PORTFOLIO WITH 8 UNITS AT 59 10TH STREET.

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.09 AC
Building Size 3,200 SF
No. Stories 2
Year Built 1964
Parking Ratio 1.25/1,000 SF
Zoning HBR3YY

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -

Property Taxes

Property Taxes

Parcel Number
4183-017-031
Land Assessment
$2,548,980
Improvements Assessment
$572,220
Total Assessment
$3,121,200
  • Listing ID: 27753142

  • Date on Market: 2/14/2023

  • Last Updated:

  • Address: 1538 Loma Dr, Hermosa Beach, CA 90254

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