This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
732 9th St
Hermosa Beach, CA 90254
Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,840 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1964 |
| Apartment Style | Low-Rise | Parking Ratio | 1.04/1,000 SF |
| Lot Size | 0.11 AC | ||
| Zoning | HBR3YY | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.11 AC |
| Building Size | 3,840 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.04/1,000 SF |
| Zoning | HBR3YY |
AMENITIES
UNIT AMENITIES
- Washer/Dryer Hookup
- Ceiling Fans
ABOUT 732 9TH ST , HERMOSA BEACH, CA 90254
RECENT $300,000 price reduction. Marcus & Millichap is proud to present to market 732 9th Street, a four-unit apartment building in prime Hermosa Beach, California. This offering presents an excellent opportunity to acquire a partially renovated asset with significant potential upside in rents, a strong unit mix, and an outstanding location in an affluent rental market. The property is well-located less than a mile from the Hermosa Beach Pier and all of the popular retail, restaurant, and night life options on Pier Avenue. Additionally, tenants enjoy easy walking distance to Clark Field and the adjacent tennis courts and other recreation options. This is a highly sought-after area with consistently low vacancy rates and a strong tenant base. 732 9th Street offers four large two-bedroom/one-and-one-half-bath townhomes, two of which have been completely renovated. The remodeled units boast new kitchens, new flooring, new lighting fixtures, tankless water heaters and more, while all of the units boast in-unit laundry hookups and private patios. All of the units are separately metered for all utilities. The property also offers four single-car garages.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | $2,300 | - |
PROPERTY TAXES
| Parcel Number | 4187-028-009 | Improvements Assessment | $339,028 |
| Land Assessment | $2,187,291 | Total Assessment | $2,526,319 |
PROPERTY TAXES
