Rare opportunity to own a fully leased income property west of PCH at a price within reach. Legal duplex zoned RBR-3A with an additional converted studio unit - all of which are detached. Solid cash flow with upside on rents and also ideal for use as vacation rentals. Perfect buy and hold property with future development opportunities. Walkable to Hermosa Beach, Whole Foods, shopping and restaurants, King Harbor read more Marina, library, and post office. Front unit is a cape cod style townhouse recently updated with new garage doors/openers and facade, newer carpet, wood laminate flooring, and paint. Features refrigerator, stove, dishwasher, laundry room with washer/dryer hookup, built in storage, and private fenced yard. Middle unit is a 1 bedroom / 1 bathroom beach cottage completely updated inside in 2012. Rear studio / 1 bathroom unit was converted from a two-car garage. Buyer to verify all information.
John Novak is a real estate sales agent and investor, representing buyers, sellers, renters and landlords in the South Bay and Greater Los Angeles Area - from El Segundo and Hawthorne, through Manhattan Beach, Hermosa Beach, Redondo Beach, into Torrance, the Palos Verdes area, Rolling Hills, San Pedro and beyond.
From his office at Beach City Brokers in Redondo Beach, John specializes in off-market, or pocket listings, constantly seeking out the most up-to-date market information to help his clients stay ahead of the curve.
By focusing on meeting client goals within the context of this evolving market, John provides informed and sensible advisement.