- 4 BR
- 4 BA
- 3,464 SqFt.
- 2,258 Lot
- $6,250,000
- Active
- DOM: 6
JUST REDUCED by $976,0000 this Class A 5-unit apartment building sits one off Hermosa Beach Strand. With $357,348 in pro forma annual gross income and $258,921 in pro forma net income (4.3% cap rate). This is high-end trophy asset has 7 parking spots and consists of: (1) 2-Bed/2-Bath unit with an OCEAN VIEW, (1) 2-Bed/1-Bath unit that has an amazing patio and OCEAN VIEW as well as (3) 1-Bed/1-Bath units. This high-end luxury building offers a turnkey investment opportunity in one of the most exclusive neighborhoods within the South Bay.
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
20 22nd Street, Hermosa Beach, (MLS® #SB25008552)
Date | Details | Price | Change |
---|---|---|---|
Price Reduced (from $6,975,000) | $5,999,000 | $976,000 (13.99%) | |
First Day Active | $6,975,000 | – |
Quick Summary of 20 22nd Street: This 7 Bedroom/6 Bathroom home in Hermosa Beach is priced at $5,999,000 ($1,645/PSF) . The 3,646 sqft. Single Family Residence residence was originally built in 1959 and was listed on January 18th, 2025 at $6,975,000, showing 23 Days on Market currently. Contact Dave Fratello today for more information or to go see 20 22nd Street.
Based on information from California Regional Multiple Listing Service, Inc. as of February 10th, 2025 at 8:52pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.