RealtorĀ® | Broker Associate
DRE# 01487977
310.901.4687
steven@stevenmullins.com
Residential | Commercial | Investment
stevenmullins.com
This iconic property sits just a few doors from the Hermosa Strand and is the ultimate in Hermosa Beach living.
Completely renovated in 2019 with another refresh in 2022, the Hermosa Beach House includes 15 1-Bed 1-Bath units
and one 2-Bed 2-Bath unit fully furnished with washer/dryer, television, wifi, heating and cooling, stainless steel
appliances, and beautiful interiors. The courtyard
is a unique gathering place with 3 large TVs, full WIFI coverage, a
built-in bbq, custom fire-pit, full size bar and 5 daybeds. There is also an on-site gym and 16 enclosed garages. The
property is fully gated within an amazing community and has a track record of strong proven rents.
Call 310-901-4687 for more information or to schedule a private showing
3.08% Assumable Interest Only Loan | Matures 6/1/2030
Cap Rate: 3.63% GRM: 19.65 | Annual Net Operating Income: $544,057
As a former attorney who specializes in residential and multi-unit sales,
Steven is a go-to South Bay Investment Property Broker.
If you are looking for local representation to answer questions
about the South Bay market, give us a call.
South Bay Local Multi-Unit Property Expert
The Hermosa Beach House
60 15th Street | Hermosa Beach
16 unit Apartment Bldg
Offered at $14,995,000
JUST LISTED