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For Sale property id: 77311107
USD 5,995,000 Mortgage Calculator
USD 5,995,000
2 2nd Street, Hermosa Beach, California, United States
  • 366.78120192 m²

Description

Don’t let the address fool you!
2 Second Street, Hermosa Beach
* This 3,948s.f. quadraplex sits on the South corner of 2nd and The Strand on an oversized 3,230s.f. corner lot.
* An amazing 46’ of frontage that narrows to a still oversized 35’ in the back.
* Features a 3bedroom/1 bath unit, two 2 bedroom/1 bath units and a 1 bedroom/1 bath unit.
* Located two blocks north of the 49 acre AES Power Plant slated for future redevelopment and a short walk to downtown Hermosa and the myriad of shops and restaurants.
* Great opportunity for significant upside with the redevelopment of AES, as a reference the Metlox redevelopment in MB significantly benefited values of surrounding property as a 3 acre project and this project is 15x plus larger.
* All leases are month to month

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