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$12,000,000
29 Days Online

1731 Pacific Coast Hwy
Hermosa Beach, CA 90254

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by John Stiegler II of Lyon Stahl Investment Real Estate, Inc.

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310-902-7214
1731 Pacific Coast Hwy1731 Pacific Coast Hwy1731 Pacific Coast Hwy1731 Pacific Coast Hwy
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The Oceanus in Hermosa Beach is a rare opportunity to purchase a large building in an exclusive beach community in the greater South Bay area of Los Angeles. The 16,211 SqFt building sits on a huge, 18,591 SqFt Lot and boasts a total of 20 Two-Bedroom, One-Bathroom units. With 40 Parking Spaces total, every unit has been allocated two parking spots each. The tenants also have access to the private pool on the property. This building has been maintained meticulously by the current owner, who has newly installed solar panels on the roof, two washer/dryer rooms, and heating apparatuses. This trophy building is located right in the heart of Downtown Hermosa and is in walking distance to countless restaurants, gyms, grocery stores, and the beach. This opportunity is perfect for any long-term investor looking to place their money in a rare, constantly appreciating asset.

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Listing Snapshot
Price 
$12,000,000
Days Online 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
16,211 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4268 Acres
Year Built 
1963
MLS Number 
SB23030968
Status 
Active
Property Tax 
$39,461
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
4 weeks agoListing first seen online
General Features
Parking 
Attached Carport
Parking Spaces 
40
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.4268
Water 
Public
Property Sub Type 
Apartment
Garage Spaces 
0
Zoning 
HBR3YY
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool 
true
Pool Features 
Private
Private Pool 
true
Lot 
Item01 Unit Acre
Community Features
Community Features 
BikingStorm DrainsStreet LightsSuburbanSidewalksUrbanWater Sports
Senior Community 
No
MLS Area 
149 - Hermosa Bch Valley


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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