1010 8th Street

    Hermosa Beach, CA 90254
    • $1,349,900
    • STATUS: Active
    • ON SITE: 104 days
    • ID#: SB20034655
    $1,349,900
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,110
      SQFT
    • $1,216
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    VIRTUAL TOUR: https://my.matterport.com/show/?m=x9wQios9BsB&brand=0 | This absolutely darling duplex has been recently renovated and is a hidden gem. Ocean views with even better views possible from an addition or future new construction. The price includes approved plans for a 425 sf addition and ocean view deck and conversion to SFR. Because the plans were approved before the rule changes they are still valid. The yard is a south facing private oasis drenched in sunlight where real grass flourishes. The upper unit has a stunning remodeled kitchen and bath, lots of light and includes views of the ocean. No wasted space in this plan that is at once comfortable and functional. It even has interior washer dryer hookups. The remodeled bath is a sparkling delight and warm refinished original oak hardwood floors highlight the space. Downstairs, the refurbished kitchen great room is extremely homey with plenty of storage. The bedroom is gracious and the bathroom is also beautifully remodeled. The oversized single car garage has enough height for a storage loft. Fabulous neighborhood of $3,000,000 plus new homes. Straight walk to the beach down 8th Street (one way signalized - no traffic from PCH - that+GGs why it+GGs so quiet). Upper rents at $2500 a month and lower rents at $1,600. Both are very low. https://my.matterport.com/show/?m=x9wQios9BsB

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-31T00:24:27.903. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

    www.isabelvelez.com/homes/103287461

    1010 8th Street Hermosa Beach, CA 90254

    • Price: $1,349,900
    • Status: Active
    • ID#: SB20034655
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1,110
    SQFT
    $1,216
    $/SQFT
    1955
    Built
    Neighborhood:
    150 - Hermosa Bch East
    County:
    Los Angeles
    Area:
    150 - Hermosa Bch East
    Property Description
    VIRTUAL TOUR: https://my.matterport.com/show/?m=x9wQios9BsB&brand=0 | This absolutely darling duplex has been recently renovated and is a hidden gem. Ocean views with even better views possible from an addition or future new construction. The price includes approved plans for a 425 sf addition and ocean view deck and conversion to SFR. Because the plans were approved before the rule changes they are still valid. The yard is a south facing private oasis drenched in sunlight where real grass flourishes. The upper unit has a stunning remodeled kitchen and bath, lots of light and includes views of the ocean. No wasted space in this plan that is at once comfortable and functional. It even has interior washer dryer hookups. The remodeled bath is a sparkling delight and warm refinished original oak hardwood floors highlight the space. Downstairs, the refurbished kitchen great room is extremely homey with plenty of storage. The bedroom is gracious and the bathroom is also beautifully remodeled. The oversized single car garage has enough height for a storage loft. Fabulous neighborhood of $3,000,000 plus new homes. Straight walk to the beach down 8th Street (one way signalized - no traffic from PCH - that+GGs why it+GGs so quiet). Upper rents at $2500 a month and lower rents at $1,600. Both are very low. https://my.matterport.com/show/?m=x9wQios9BsB
    Exterior Features

    Garage Spaces 1.00 Lot Features Back YardSprinklers In RearYard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 1.00 Pool Features None Pool Private YN No Property Attached YN No View HillsOcean View YN Yes

    Interior Features

    Appliances Gas OvenGas RangeRefrigeratorWater Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 555 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating Electric Heating YN Yes Interior Features Built-In Features Laundry Features Gas Dryer HookupIn KitchenInsideUpper LevelSee RemarksWasher Hookup Levels Two Room Type See Remarks

    Property Features

    Accessibility Features None Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 2.53 Community Features CurbsSidewalks Country Us Elevation Units Feet Garage Income 0.00 Gardener Expense 540.00 Gross Income 4300.00 Gross Multiplier 26.16 Gross Operating Income 50568.00 Gross Scheduled Income 51600.00 Improvements Amount 88434 Improvements Percent 10.00 Insurance Expense 1200.00 Land Lease YN No Land Value 795906 Land Value Percent 90.00 Laundry Income 0.00 Laundry YN Yes Net Operating Income 34252.00 New Construction YN No New Taxes Expense 14308.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 1 Number With Carpet 1 Number With Dishwasher 1 Number With Disposal 2 Number With Patio 1 Number With Range 2 Number With Refrigerator 2 Operating Expense 17348.00 Operating Expense Percent 33.60 Other Income1 0.00 Other Income2 0.00 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 17348.00 Trash Expense 640.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer Connected Vacancy Allowance 1032 Vacancy Allowance Rate 2.00 Water Sewer Expense 660.00 Water Source Public Year Built Source Public Records Zoning Hbr2yy

    Listing provided courtesy of Greg Geilman of Re/Max Estate Properties and Robert Freedman of Re/Max Estate Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-31T00:24:27.903. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

     
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