Listed by Jonathan Nikfarjam, Shield CRE, Inc.,

150 10TH Street

Hermosa Beach, CA, 90254

$6,700,000

$990 per ft²
$6,700,000
$990 per ft²
Sold
Sold
carpenters-square
6,763 ft²
property_type
Multi-family
calendar
Built 1961
Price Reduced by Over $500,000 | A+ Location in the Heart of Hermosa Beach - Just 700 Feet from the Ocean | One Block from Both Pier Avenue & Hermosa Avenue, Two Blocks from the Hermosa Beach Pier | Significant Value-Add Potential - Approximately 71% in Rental Upside | 4.56% Pro-Forma Cap Rate & 16.01 Pro-Forma GRM | (One) 3-Bedroom/2-Bathroom Unit & (Nine) 1-Bedroom/1-Bathroom Units | Close Proximity to the Dining, Retail, & Entertainment Options of Pier Avenue, Hermosa Avenue, King Harbor, & the Hermosa Beach Pier | 10 Private Garages, Private Balconies & Enclosed Private Patios | 5,988-Square Foot Corner Lot Corner of 10th Street & Manhattan Avenue
MLS® ID:
22127457
Listed:
2/13/22
Updated:
8/9/22
RE/MAX Estate Properties
Cecily Lee

Exterior/Building Features

Lot Size
5,988 ft² lot

Other Property Details

Area Name
148 - Hermosa Bch Sand
Garage
Yes
Garage Spaces
10
Parking
Garage
Parking Total
10.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
HBR3YY

Property History

Date
Event
Price
Value
8/1/22
Sold
-
-
8/1/22
Price Change
$6,700,000
-4%
5/4/22
Active Under Contract
-
-
3/14/22
Price Change
$6,995,000
-6%

 

Listed by Jonathan Nikfarjam, Shield CRE, Inc.,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/9/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 7:56 PM UTC, 8/9/22

RE/MAX Estate Properties
Cecily Lee
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