Multifamily
630 3rd St
630 3rd St, Hermosa Beach, CA 90254
Listing Price: $3,375,000
Investment Overview
We are pleased to present, as an exclusive advisor, 630 3rd St, a 4 unit in the highly desirable Hermosa Beach submarket. The property is west of PCH and seconds from the Green Belt. The building is estimated 4,930 sqft with massive units . Each unit is a 2b2b townhome with two garages per unit. A new owner can benefit from a rare coastal market acquisition, newer construction relative to other properties in the area, a nice building that can be taken a “step further”, and a low price per foot compared to other sales in the beach cities. Two units have been renovated, all new windows, electrical, plumbing, newer roof, railings, and more. The property is fully occupied and estimated 43% upside in rents.
Investment Highlights
- Estimated 43% Upside in Rents
- 1986 Construction
- Each Unit Gets a Double Car Garage
- Very Walkable 89 Walk Score
- 100% 2 Bedroom 2 Bathroom Townhomes
Exclusively Listed By
Financing By
Listing Price: $3,375,000
Investment Highlights
- Estimated 43% Upside in Rents
- 1986 Construction
- Each Unit Gets a Double Car Garage
- Very Walkable 89 Walk Score
- 100% 2 Bedroom 2 Bathroom Townhomes
Investment Overview
We are pleased to present, as an exclusive advisor, 630 3rd St, a 4 unit in the highly desirable Hermosa Beach submarket. The property is west of PCH and seconds from the Green Belt. The building is estimated 4,930 sqft with massive units . Each unit is a 2b2b townhome with two garages per unit. A new owner can benefit from a rare coastal market acquisition, newer construction relative to other properties in the area, a nice building that can be taken a “step further”, and a low price per foot compared to other sales in the beach cities. Two units have been renovated, all new windows, electrical, plumbing, newer roof, railings, and more. The property is fully occupied and estimated 43% upside in rents.
Exclusively Listed By
Financing By

