907 5th Street

Hermosa Beach, CA 90254

$3,050,000

Closed

  • 5,542Sq. Ft.
  • 3,485Lot Size (Sq.Ft.)

907 5th St consists of one (1) 3-Bed/2.5-Bath unit and two (2) 3 Bed/2-Bath units with nearly 2,000 SF per unit, with attractive seller financing available (minimum 25% down payment and low interest only financing). Each tri-level unit features ocean views, with a combined living area of 5,542 square feet on a 3,485 square foot lot. The building is separately metered for gas and electricity, and each unit contains its own washer/dryer and 2-car garage. This well-maintained property is just one block from PCH and is in close proximity to Pier Avenue, local restaurants, retail, and The Strand. Located in one of the strongest rental markets in California - this is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low.

Key Details

  • Type: Residential Income
  • Year Built: 1986
  • Days on Market: 38
  • Combined DOM* : 38
  • Close Date: March 9th, 2020
  • Status: Closed
  • Closed Price: $3,050,000
  • PPSF: $550
  • Orig. list price: $3,300,000
  • Date Listed: January 7th, 2020
  • MLS® #: SB20003662
  • APN: 4186016011
  • Special:

Additional Info

  • Stories: 1
  • Stories: One Level
  • Parking Spaces: 6
  • Garage Spaces: 6

Co-Agent

  • Agent: Brett Lyon
  • Office: Lyon Stahl Investment Real Estate, Inc.

Community Information

  • Area: Hermosa Beach East (150)
  • City/State: Hermosa Beach, CA
  • Zip Code: 90254
  • County: Los Angeles

Exterior

  • Lot Description: Corner Lot
  • Lot Size (sq. ft.): 3,485
  • Lot Size (acres): 0.08

Interior

  • Square Footage: 5,542
  • Appliances: Electric Dryer Hookup

* 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” it, or sellers may change agents when a property has failed to sell.

Price History for 907 5th Street, Hermosa Beach, CA (MLS® #SB20003662)

Date Details Price Change
Closed $3,050,000
Pending (from Active)
Property Listed $3,300,000

Active Listings Similar to 907 5th Street


View all similar properties

Recent Sales Similar to 907 5th Street


View all similar properties
Please provide a valid email address.

Based on information from California Regional Multiple Listing Service, Inc. as of July 12th, 2020 at 3:20am PDT. 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.