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1002 -1006 Prospect Avenue
USD 2,950,000
Property ID: 23299573
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1002 -1006 Prospect Avenue ,90254
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icon 5676 SqFt
icon Built in 1955
icon USD 520/SqFt
icon 8 Beds
icon 0 Full
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Location
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Interior Details
Bedrooms
8
Bathrooms
0
Interior Size
3306
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1955
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Detailed Introduction Of This Home
This exceptional Hermosa Beach investment offers a remarkable Value-Add opportunity with potential rental upside of about 150%. Boasting Ocean Views for all units, the property features two side-by-side triplexes, each with separate Assessor Parcel Numbers, in an A+ location close to Pier Avenue and the ocean. With a unit mix of four 2-bedroom/1-bathroom units and two studio/1-bathroom units, along with four garage parking spaces, this property qualifies for residential financing and stands as an opportunity for a flip or value-add long-term investment. The property falls under AB1482 which allows an investor to implement a flexible value add strategy. This is truly a blank canvas. Get in at an attractive price and add your own value.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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1002 -1006 Prospect Avenue
USD 2,950,000 8 Beds
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