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1731 Pacific Coast Hwy
Hermosa Beach, CA 90254
Multifamily Property For Sale
·
20 Units
Investment Highlights
- A+ BEACH CITY TROPHY LOCATION
- EQUIPPED WITH SOLAR PANELS | 40 PARKING SPOTS
- 2 BLOCKS FROM PIER AVENUE
- 30% RENTAL UPSIDE | OCEAN FACING UNITS
- NO LOCAL RENT CONTROL - AB 1482
- ALL 2-BED/1-BATH UNITS | 3.71% IN PLACE CAP | PRO-FORMA CAP OF 5.25%
Property Facts
| No. Units | 20 | Building Size | 16,211 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 2.47/1,000 SF |
| Lot Size | 0.43 AC | ||
| Zoning | HBR3YY | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 16,211 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 2.47/1,000 SF |
| Zoning | HBR3YY |
Amenities
Unit Amenities
- Heating
- Kitchen
- Tub/Shower
Site Amenities
- Laundry Facilities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 20 | $2,708 | - |
Property Taxes
| Parcel Number | 4184-025-012 | Improvements Assessment | $1,805,939 |
| Land Assessment | $1,557,513 | Total Assessment | $3,363,452 |
Property Taxes
Parcel Number
4184-025-012
Land Assessment
$1,557,513
Improvements Assessment
$1,805,939
Total Assessment
$3,363,452
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