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Key Details
Sold Price $3,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,542 sqft
Price per Sqft $550
MLS Listing ID SB20003662
Sold Date 03/09/20
HOA Y/N No
Year Built 1986
Lot Size 3,484 Sqft
Acres 0.08
Property Description
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.
Location
State CA
County Los Angeles
Area 150 - Hermosa Bch East
Zoning HBR3YY
Rooms
Ensuite Laundry WasherHookup, ElectricDryerHookup
Interior
Laundry Location WasherHookup,ElectricDryerHookup
Fireplace No
Laundry WasherHookup, ElectricDryerHookup
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Sidewalks
View Y/N Yes
View Ocean
Total Parking Spaces 6
Private Pool No
Building
Lot Description CornerLot
Story 1
Entry Level One
Sewer PublicSewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4186016011
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing SellerFinancing
Special Listing Condition Standard
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Bought with J.Woody Stahl • Lyon Stahl Investment Real Estate, Inc.
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