1230 6th Street
Hermosa Beach, CA 90254

Sold

Sold for $1,540,000 on Feb 28, 2017

Description

Terrific Duplex in Hermosa Hills! Large 4000 sq ft lot Two separate units, each has its own 2-car garage with private laundry inside. The front unit which faces 6th street is a 2 bed & 1 full bath beach cottage. It also has a finished attic (office?) and a front yard and small side yard/patio. The rear unit is above the two 2-car garages. This unit is a large 2 bed 2 bath (one ensuite) with fireplace in the living area, open kitchen and small balcony with pastoral views. The units are bright with plenty of storage areas are nicely maintained and are located in the sweet spot of the Hermosa Beach Hills. Just steps to parks, retail, restaurants and of course the beach. This is a fantastic opportunity for an investor or owner/user looking to help pay the mortgage with rental income. The units are mostly original so with a small amount of TLC you could up the rents to bring them in line with today's rental market. All expenses are estimated. information deemed reliable, however, buyer to verify all information including any potential building changes with the city of Hermosa Beach. Truly a "must see" to appreciate!

Features

• Zoning: HBR2YY
• Property Condition: Repairs Cosmetic
• Parking Spaces: 4.00
• Parking Features: Garage, Garage - Front Entry, See Remarks
• Parking: Yes
• Operating Expense: 18195.00
• Number With Refrigerator: 2
• Number With Range: 2
• Number With Patio: 2
• Number With Drapes: 2
• Number With Disposal: 2
• Number With Carpet: 2
• Number Of Units Leased: 2
• Number Of Separate Water Meters: 2
• Number Of Separate Gas Meters: 2
• Number Of Separate Electric Meters: 2
• Number Of Buildings: 2
• New Taxes Expense: 15887
• Property Type: Multi Family Home
• Road Frontage Type: City Street
• Road Surface Type: Paved
• Zip Code: 90254
• Year Built Source: Assessor
• Year Built: 1908
• Water Source: Public
• Water Sewer Expense: 1110
• Utilities: Water Connected
• Units: 2
• Trash Expense: 272
• Total Expenses: 18195.00
• Total Actual Rent: 4665
• Sub Type: Multi Family Home
• Style: Bungalow,Cottage
• Stories Total: 2
• Stories: Two
• Security Features: Smoke Detector
• Room Type: Attic, Kitchen
• Roof: Composition
• Net Operating Income: 59805
• MLS: MR
• Fencing: Blockwall
• Fence: Yes
• Electric: Standard
• Directions: At the corner of 6th street and Reynolds
• Country: United States
• Construction Materials: Shingle Siding
• Community Features: Curbs, Sidewalks, Street Lighting
• Close Price: 1540000
• Close Date: 2017-02-28
• Building Area Units: Square Feet
• Building Area Total: 2650
• Average Studio Area Units: Square Feet
• Average 3 Bed Area Units: Square Feet
• Average 2 Bed Area Units: Square Feet
• Area: 150 - Hermosa Bch East
• Appliances: Gas Stove, Gas Water Heater, Refrigerator, Yes
• Accessibility: Parking
• Fireplace: Bonus Room,Family Room,Kitchen,Patio,See Remarks, Yes
• Flooring: Carpet, Vinyl
• Foundation Details: Raised, Slab
• Lot SqFt: 3985.74
• Lot Size Units: Square Feet
• Lot Size Source: Assessor
• Lot Features: Corner Lot, Front Yard, Garden, Park Nearby
• Lot Dimensions: 40x100
• Listing Status: Closed
• Laundry Features: In Garage
• Laundry Equipment Own Lease: Own
• Laundry: Yes
• Interior Features: Beamed Ceilings, Cathedral-Vaulted Ceilings, Ceramic Counters, Tile Counters, Track Lighting
• Insurance Expense: 926
• Inclusions: 1 washer1 dryer 2 refrigerators
• Heating: Wall Heater, Yes
• Gross Scheduled Income: 78000
• Gross Multiplier: 19.00
• Gross Income: 78000
• Garage Spaces: 4.00
• # of Parking Spaces: 4.00