CA > Hermosa Beach
Hermosa Beach, CA 90254,20 22nd Street
Hermosa Beach, CA 90254,20 22nd Street
Hermosa Beach, CA 90254,20 22nd Street
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Listed by William Joseph • Joseph Group
$5,999,000
Est. payment /mo
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3,646 SqFt
Active

20 22nd Street Hermosa Beach, CA 90254

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Kenneth Er

Kenneth Er

+1(510) 828-8572

UPDATED:

02/10/2025 05:12 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,646 sqft

Price per Sqft $1,645

MLS Listing ID CRSB24252047

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1959

Lot Size 3,296 Sqft

Property Sub-Type Other

Property Description

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.

Location

State CA

County Los Angeles

Interior

Heating Other

Cooling Central Air

Fireplace No

Laundry Gas Dryer Hookup, Other, Inside

Exterior

View Ocean

Building

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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