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$ 3,100,000
Est. payment /mo
Price Dropped by $100K
710 5th Street Hermosa Beach, CA 90254
8 Beds
8 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25122841
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
Call Chris Bald at (310) 463-4575. /// 710 5th St (4-Plex) offers a rare blend of coastal living and investment opportunity. Nestled atop a scenic hillside in the heart of Hermosa Beach. This striking four-unit property, built in 1987, stands out not only for its sturdy 80s construction but also for its commanding ocean viewsa daily reminder of Southern Californias enviable lifestyle. Each of the four spacious units features two bedrooms and two bathrooms, making them highly desirable for both tenants and owner-occupiers seeking comfort, privacy, and the tranquility that comes with living just blocks from the Pacific. Location is everything, and this property delivers. Perfectly positioned at the intersection of Pacific Coast Highway and 2nd Street, residents enjoy easy access to the vibrant Hermosa Beach community, while investors benefit from the high visibility and strong rental demand that define this sought-after neighborhood. The buildings modern layout and curb appeal are complemented by its generous 4,906 square feet of living space, set on a 4,339 square foot lotample room for relaxation, entertaining, or future enhancements. What truly sets 710 5th St apart, however, is its unmatched value. Priced at $3,100,000, it currently offers the best price per square foot among comparable properties in the area. This unique combination of location, ocean views, and investment upside makes it an exceptional opportunity for discerning buyers looking to secure a foothold in one of the South Bays most dynamic markets with option to purchase (2) adjacent Buildings***
Location
State CA
County Los Angeles
Zoning Assessor
Direction Off of PCH and Herondo St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 4188031061

Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.