67
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$5,995,000
Est. payment /mo
8 Beds
4 Baths
3,230 Sqft Lot
Price Dropped by $505K
2 2nd Street Hermosa Beach, CA 90254
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25041878
Bedrooms 8
HOA Y/N No
Lot Size 3,230 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Dont let the address fool you! 2 Second Street, Hermosa Beach * This 3,948s.f. quadraplex sits on the South corner of 2nd and The Strand on an oversized 3,230s.f. corner lot. * An amazing 46 of frontage that narrows to a still oversized 35 in the back. * Features a 3bedroom/1 bath unit, two 2 bedroom/1 bath units and a 1 bedroom/1 bath unit. * Located two blocks north of the 49 acre AES Power Plant slated for future redevelopment and a short walk to downtown Hermosa and the myriad of shops and restaurants. * Great opportunity for significant upside with the redevelopment of AES, as a reference the Metlox redevelopment in MB significantly benefited values of surrounding property as a 3 acre project and this project is 15x plus larger. * All leases are month to month
Dont let the address fool you! 2 Second Street, Hermosa Beach * This 3,948s.f. quadraplex sits on the South corner of 2nd and The Strand on an oversized 3,230s.f. corner lot. * An amazing 46 of frontage that narrows to a still oversized 35 in the back. * Features a 3bedroom/1 bath unit, two 2 bedroom/1 bath units and a 1 bedroom/1 bath unit. * Located two blocks north of the 49 acre AES Power Plant slated for future redevelopment and a short walk to downtown Hermosa and the myriad of shops and restaurants. * Great opportunity for significant upside with the redevelopment of AES, as a reference the Metlox redevelopment in MB significantly benefited values of surrounding property as a 3 acre project and this project is 15x plus larger. * All leases are month to month
Dont let the address fool you! 2 Second Street, Hermosa Beach * This 3,948s.f. quadraplex sits on the South corner of 2nd and The Strand on an oversized 3,230s.f. corner lot. * An amazing 46 of frontage that narrows to a still oversized 35 in the back. * Features a 3bedroom/1 bath unit, two 2 bedroom/1 bath units and a 1 bedroom/1 bath unit. * Located two blocks north of the 49 acre AES Power Plant slated for future redevelopment and a short walk to downtown Hermosa and the myriad of shops and restaurants. * Great opportunity for significant upside with the redevelopment of AES, as a reference the Metlox redevelopment in MB significantly benefited values of surrounding property as a 3 acre project and this project is 15x plus larger. * All leases are month to month
Location
State CA
County Los Angeles
Area Hermosa Beach (90254)
Zoning Assessor
Building
Lot Description Corner Lot
Story 2
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
Space Rent $2,935
Listed by Bryn Stroyke • Bayside
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