58 10th Court Hermosa Beach, CA $ 3,095,000
58 10th Court
$ 3,095,000
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58 10th Court

Hermosa Beach, CA, 90254
$ 3,095,000
Bedrooms2 Baths1.0 Sq 2,081

Monthly Estimate*

$ 18,536

Listed by eXp Realty of California Inc
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Multi-Family Home for sale in Hermosa Beach, CA

for $3,095,000 with 2 bedrooms and 1 full bath. This 2,081 square foot home was built in 1953 on a lot size of 0.0653.

Huge Price Reduction - Motivated Seller! Calling all beach property investors! For sale at a competitive price: 58 10th Ct in Hermosa Beach, a fantastic WALK STREET TRIPLEX just a few steps to the sand. UNIT MIX: (1) 2-bed/1-bath front walkstreet cottage + (2) x 1-bed/1-bath units, stacked at rear. The front home is a charming DETACHED single-level beach cottage, featuring a spacious, private walkstreet patio, and *newly renovated kitchen and bathroom*! The rear structure has a *brand new roof* installed, and includes two 1-bedroom apartments and a 1-car garage with access at the 10th Ct alley. The lower rear apartment has a brand *new bathroom plus the owner installed in-unit stackable laundry*! There's an additional outdoor/courtyard area between the buildings, with a laundry shed (with new machines!) and more storage under the staircase. This vibrant bohemian property is only a few steps to the sun, surf, sand and the Strand, one lot from shops and restaurants on Hermosa Ave, and a mere 2 blocks south of Hermosa Beach Pier. All three units are currently set up as short-term vacation rentals; furnishings negotiable as part of the sale. Continue running as a furnished investment property, and/or move right in to live the quintessential SoCal Beach Life! Owner will consider carry back/seller financing.

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Multi-Family Active

Price

$ 3,095,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Cottage

Lot Size

0.0653

Year Built

1953

Town/City

Hermosa Beach

County/Region

Los Angeles

MLS | Web ID

SB24172564

Days on Market

63

Features
General
Interior Features CeilingFans
Sewer PublicSewer
Heating FloorFurnace WallFurnace
Cooling None
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected
Appliances Dishwasher GasCooktop Disposal Microwave Refrigerator RangeHood TanklessWaterHeater WaterHeater Dryer Washer
Exterior Features Lighting
Zoning HBR3YY
HOA Fee 0.0
Garage Spaces 1.0
Architectural Style Cottage
Pool Features None
Security Features CarbonMonoxideDetectors SmokeDetectors
Year Built 1953
Electric Standard
Tenant Pays None
View None
Stories 1
Levels One Two
Property SubType Triplex
Gross Income 151200.0
Community Features Curbs StormDrains StreetLights Suburban Sidewalks WaterSports
Accessibility Parking
County Los Angeles
Net Operating Income 90436.0
Operating Expense 60763.0
Insurance Expense 2500.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Facing Direction South
Garage Y/N Y
Other Structures Sheds
Special Listing Conditions Standard Trust
Status Active
Directions Front/South side of property on 9th St walk street. Rear/North side property on the 10th Ct alley off Hermosa Ave.
City Hermosa Beach
Entry Location Front door
Senior Community Y/N N
NumberOfUnitsTotal 3
MLS Area 148 - Hermosa Bch Sand
Lot Size Units SquareFeet
Lot Size Square Feet 2846.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Terms Cash CashToNewLoan Conventional OwnerWillCarry
Spa Features None
Land Lease Y/N N
Electric Expense 1800.0
Home Warranty Y/N N
Fuel Expense 420.0
Property Condition Turnkey
Trash Expense 480.0
Water Sewer Expense 1200.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://youtu.be/KTNzzzYn6zI https://youtu.be/bSMgIMmIlrE
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 24
Property Sub Type Additional Triplex
Taxes 38687.0
Cap Rate 2.7
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Interior
Flooring Carpet Laminate Tile Vinyl
Fireplace Features None
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features CommonArea Inside Stacked
Entry Level 1
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Exterior
Parking Features DoorSingle Garage GarageFacesRear
Lot Features Landscaped Level Walkstreet
Water Source Public
Total Parking 1.0
Lot Size Area 2846.0
Foundation Details Slab
Number of Buildings 2
Spa N
Building Area Total 2081.0
Lot Size Acres 0.0653
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 58
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* Excluded Features
List By
Exp Realty Of California Inc

Broker

(888) 584-9427

Phone

Affordability Calculator

$18,536
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,536
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/18/2024$3,095,000 -5.50% Price Down
9/6/2024$3,275,000 -0.61% Price Down
8/30/2024$3,295,000 Listed Price

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58 10th Court, Hermosa Beach, CA, 90254 is a Multi-Family Home for sale at $3,095,000 with 2,081 sqft and a lot size of 0.0653. 58 10th Court has 2 bedrooms, 1.0 baths, and was built in 1953. The property's zip code is 90254 which is in Hermosa Beach, CA