538 8th Street Hermosa Beach, CA 90254

215335807 33.8598 -118.39496 124 /listing/215335807-150357522/538-8th-street-hermosa-beach-ca-90254 False 0 6752100.0 105 SB18170401 True
  • $6,752,100
  • 6,483 lot
  • Est payment $36246.73/mo

Property & Neighborhood Info

Courtesy Of William Joseph, Strand Hill Christies International Real Estate

Multi-Family in Hermosa Beach

538 8th Street, Hermosa Beach is a once in lifetime 10-unit apartment building located in the sand section just five blocks from the beach with proximity to Hermosa Beach, Redondo Beach and Manhattan Beach piers. This well-kept property is located west of Valley Drive and consists of four levels, two of which are dedicated to living space, a subterranean parking garage, and an expansive rooftop deck with ocean and valley views . The building has 9,083 square feet on 6,483 sqft lot of land (0.02 Acres) zoned R3. The apartment unit mix consists of nine 2-bedroom units and one 1-bedroom unit. Each unit comes with gas range, refrigerator and dishwasher. Each unit also has a balcony deck some of which have valley and ocean views. The property has five assigned tandem parking spots and five assigned single parking spaces as well as one guest spot for a total of 16 parking spots on the property. The property also has a dedicated laundry room with two washers and two dryers, storage room and an interior bicycle storage area. Boasting an excellent walkscore of 88, tenants have access to many amenities including the greenbelt, Hermosa Beach restaurants and shops and the Redondo Beach harbor. For families, this property also provides proximity to several award Hermosa Beach schools as well as Mira Costa High School and Redondo Union High School. Six out the ten units are currently on month-to-month tenancy.

Courtesy Of William Joseph, Strand Hill Christies International Real Estate
  1. 6,483 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1971
  • Garage: 15.0
  • County: Los Angeles
  • Units: 10
  • MLS Number:SB18170401

Additional Features

  • Interior Features:
    • Storage Space
  • Laundry:
    • Individual Room
  • Laundry Equipment:
    • Own
  • Appliances:
    • Dishwasher
    • Gas Range
    • Refrigerator
    • Water Heater Central
    • Water Heater Unit
  • Common Walls:
    • 1 common wall
  • Levels:
    • Three Or More
  • View:
    • Ocean
    • Peek-A-Boo
    • Valley
  • Water Source:
    • Public
  • Lot Features:
    • 6-10 Units/Acre
    • Greenbelt
  • Pool Features:
    • None
  • Carport Spaces:
    • 1.00
  • Parking:
    • Assigned
    • Built-In Storage
    • Driveway
    • Subterranean
  • Parking Spaces:
    • 16.00
  • Energy Efficient:
    • Water Heater
  • Sewer:
    • Public Sewer
  • Utilities:
    • Sewer Connected
  • Security Features:
    • Smoke Detector
  • Accessibility Features:
    • Parking
  • Community Features:
    • Sidewalks
  • Number of Buildings:
    • 1
  • Gross Income:
    • 313566.00
  • Net Operating Income:
    • 227887.00
  • CDOM:
    • 160
  • Special Conditions:
    • Standard
  • Tenant Pays:
    • Cable TV
    • Electricity
  • Fuel Exp:
    • 2690.00
  • Insurance Expense:
    • 3788.00
  • Lot Size Acres:
    • 0.1488
  • Lot Size Area:
    • 6483.0000
  • Lot Size Square Feet:
    • 6483.00
  • Maintenance Exp:
    • 5494.00
  • Number Of Units Leased:
    • 10
  • Operating Expense:
    • 85679.00
  • Price Per SQFT:
    • 743.38
  • Tax ID:
    • 4187031030
  • Total Expenses:
    • 85679.00
Neighborhood info courtesy of Homes.com © 2019

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$38,769.95*
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Lily Liang
Lily Liang
Executive Vice President

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538 8th Street Hermosa Beach, CA 90254

215335807 33.8598 -118.39496 124 /listing/215335807-150357522/538-8th-street-hermosa-beach-ca-90254 False 0 6752100.0 105 SB18170401 True
  • $6,752,100
  • 6,483 lot
  • Est payment $36246.73/mo