615 11th Street, Hermosa Beach, CA 90254

Property Description

Introducing a unique investment opportunity. Cash or hard money loan only. This duplex property presents two freestanding townhomes, ideal for those seeking versatility in a prime coastal location. Each unit boasts multi-level living areas, designed with high ceilings, enhancing the sense of openness and comfort. Functionality meets convenience with in-unit washer/dryers and air conditioning, ensuring a modern living experience. Parking is ample, with an attached double garage per unit, supplemented by an additional open space, providing a total of 5 parking spaces. The front unit has a roof deck. While the front townhome requires a full restoration due to fire damage, the rear unit remains unaffected and tenant-occupied, delivering immediate income potential. Current annual income from rear unit is $75,300. Tenants to remain at close of escrow and seller will not deliver the rear unit vacant. This property is offered as a successor trustee sale, "as-is," inviting buyers to explore the possibilities of renovation and reimagining this coastal gem. Strategically located less than a mile from the beach and near essential amenities like Pavilions, Trader Joes and the Hermosa Beach Community Center, this property offers not only a home but a lifestyle imbued with the charm of Hermosa Beach. For more information, please contact the listing agent.