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635 8th Pl
Hermosa Beach, CA 90254
635-643 8th Place, Hermosa Beach · Multifamily Property For Sale
·
6 Units
Investment Highlights
- 6 units in highly desirable Hermosa Beach
- 4% cap rate on current | 5.6% cap rate on market
- 87 WalkScore - close proximity to Hermosa Beach Pier, South Park, Greenbelt, PCH
- 2 units to be delivered vacant
- Large 7,520 square foot lot
Property Facts
| No. Units | 6 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,376 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Zoning | R2 - Two-Family Residence | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,376 SF |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | R2 - Two-Family Residence |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,548 | - |
| 2+1 | 2 | $2,900 | - |
Property Taxes
| Parcel Number | 4187-028-021 | Improvements Assessment | $445,707 |
| Land Assessment | $2,971,382 | Total Assessment | $3,417,089 |
Property Taxes
Parcel Number
4187-028-021
Land Assessment
$2,971,382
Improvements Assessment
$445,707
Total Assessment
$3,417,089
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