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$ 9,300,000
Est. payment | /mo
6 Beds
6 Baths
$ 9,300,000
Est. payment | /mo
6 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25112791
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
Twelve Units. Three Parcels. One Unmatched Beachfront Investment. Introducing the 5th Street Collectiona once-in-a-lifetime opportunity to own three contiguous 4-unit apartment buildings in the heart of Hermosa Beach, just steps from the Pacific Ocean. Perched on an elevated parcel with sweeping ocean breezes and walkable access to Pier Avenue, this portfolio defines Southern California coastal living and investing at its finest. Originally built in 1987 and held by the original developer, each building offers four spacious 2-bedroom, 2-bathroom units with over 1,200 square feet per unitideal for premium long-term tenants. Each unit features its own in-unit washer and dryer, enhancing convenience and appeal for residents. With 12,987 square feet of land and nearly 15,000 square feet of rentable space, this collection benefits from below-market pricing on a per-square-foot basis and qualifies for residential financing. Each parcel holds its own APN, allowing buyers to purchase individually or together for scale. Whether you're a legacy investor or a strategic 1031 exchange buyer, these income-producing assets offer a rare blend of stability, value-add potential, and unbeatable location.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Off of PCH and Herondo St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 4188031062

Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.
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