Properties

907 5th Street
Hermosa Beach, California CA 90254-2071
$3,300,000 Price
Active Status
5,542 SqFt
0.080 Acres
SB20003662 Listing ID
907 5th St consists of one (1) 3-Bed/2.5-Bath unit and two (2) 3 Bed/2-Bath units with nearly 2,000 SF per unit. Each tri-level unit features ocean views, with a combined living area of 5,542 square feet on a 3,485 square foot lot. The building is separately metered for gas and electricity, and each unit contains its own washer/dryer and 2-car garage. This well-maintained property is just one block from PCH and is in close proximity to Pier Avenue, local restaurants, retail, and The Strand. Located in one of the strongest rental markets in California - this is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low.
Schedule Showing
Status Active
County Los Angeles
Year Built 1986
Price/SqFt $595.45
Property Type Residential Income
Residential Income

Primary Features

County: Los Angeles
Lot Features: Corner Lot
MLS Area Major: 150 - Hermosa Bch East
Special Listing Conditions: Standard
View Type: Ocean
Year Built: 1986
Zoning: HBR3YY

Additional

Community Features: Sidewalks
Land Lease: no
Laundry Features: Electric Dryer Hookup, Washer Hookup
Laundry: yes
Lot Size Source: Assessor
Lot Size Units: Square Feet
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Number Of Separate Water Meters: 1
Number Of Units Total: 3
Other Expense Description: Utility
Property Attached: yes
Senior Community: no
Tax Block: 85
Tax Lot: 9
Tax Tract Number: 6211
Water Source: Public
Year Built Source: Assessor

Interior Features

Common Walls: 2+ Common Walls
Garage Spaces: 6
Levels: One
Stories Total: 1

Financial Details

Gross Income: 90674
Gross Scheduled Income: 136800
Insurance Expense: 2217
Maintenance Expense: 4104
Net Operating Income: 90674
New Taxes Expense: 46126
Operating Expense: 46126
Other Expense: 2400
Rent Control: no
Total Expenses: 46126

External Features

Lot Size Area: 3485
Lot Size Square Feet: 3485
Number Of Buildings: 1
Parking Total: 6
Pool Features: None
Private Pool: no
Sewer: Public Sewer
View: yes

Location Information

Country: US

Zoning Info


Area Info


© 2020. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Last updated Monday, January 20th, 2020.

Based on information from CARETS as of Monday, January 20th, 2020 03:10:09 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listing courtesy of J.Woody Stahl, DRE #01399621 from Lyon Stahl Investment Real Estate, Inc.

Contact - Listing ID SB20003662

Alison Clay-Duboff

1040 Manhattan Beach Blvd
Manhattan Beach, CA 90266
Phone: 310-200-3037
Fax: 310-265-6050

Data services provided by IDX Broker
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