Property Detail

Description

This is your opportunity to purchase a generational asset with stable income, recent comprehensive renovations, and an irreplaceable location less than a block from Hermosa's vibrant Pier Avenue and a few blocks from the ocean. All three units feature new kitchens, bathrooms, flooring, windows, appliances and fixtures, creating a true turnkey investment. Currently 100% occupied and leased at strong market rents, tenants enjoy the amenities including in-unit washer-dryers, six total parking spaces, private tenant storage lockers, and a spacious shared outdoor area with low-maintenance turf lawn. Situated in one of Southern California’s most supply-constrained coastal markets, the property benefits from a walkable lifestyle, consistent rental demand, and a resident profile that historically produces strong tenancy and rent resilience.