135 29th Street

Hermosa Beach, CA 90254

$4,198,000
Price
3
Beds
1
Bath
1,702 Sq. Ft.
$2,467 / Sq. Ft.
1,702
Sq. Ft.
$2,467
per Sq. Ft.

Description

Location Location! North Hermosa Beach 1 block from the Strand. This 3 unit building has all 1 bed 1 bath units which makes it easy to rent and stay occupied. Currently the property is fully occupied and easy to manage. This landmark property could be a long hold or potential for development. Please drive by only and do not disturb the tenants.Location Location! North Hermosa Beach 1 block from the Strand. This 3 unit building has all 1 bed 1 bath units which makes it easy to rent and stay occupied. Currently the property is fully occupied and easy to manage. This landmark property could be a long hold or potential for development. Please drive by only and do not disturb the tenants.
  1. Listed by Keith Kelley • DRE #01810798 • Brokerage DRE #01834818 • Palm Realty Boutique • 310-944-5554
  2. Listed by Tony Puma • DRE #01375596 • Brokerage DRE #01834818 • Palm Realty Boutique, Inc.

Property Details for 135 29th Street

Parking Spaces Total
3
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1702
Assessor Parcel Number
4181-028-013
Property Attached YN
false

Location

Listing Courtesy of Palm Realty Boutique, Keith Kelley, DRE #01810798; Palm Realty Boutique, Inc., Tony Puma, DRE #01375596
Add your commute
LISTING UPDATED: 01/22/2024 10:17 PM

Property Details for 135 29th Street

StatusActive
MLS #PV24013187
Days on Market97
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1931
Lot Size0.06 AC / 2,418 SF
CountyLos Angeles County

Location

Listing Courtesy of Palm Realty Boutique, Keith Kelley, DRE #01810798; Palm Realty Boutique, Inc., Tony Puma, DRE #01375596
Add your commute

Building Information for 135 29th Street

Stories2Residences-Year Built1931Building Size-Lot Size0.06 AC / 2,418 SF

Payment Calculator

$23,471 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,910

Property Taxes

$561

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 135 29th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $9,650
  • Gross Scheduled Income: $115,800
  • Net Operating Income: $107,400
Expense Details
  • Operating Expense: $8,400
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,400
  • Trash Expense: $2,400
  • Water Sewer Expense: $3,600
  • Total Expenses: $8,400
Tax / Assessment Info
  • Tax Block: 106
  • Tax Tract Number: 6210
  • Tax Census Tract: 6210
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 13
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Ground
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,300
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,150
  • Unit Type Total Rent: $3,150
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 135 29th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 135 29th Street

Taxable ValueLand$549,891Additions$17,006Total$566,897
Tax Record2023$6,732 ($561 / month)
Home Facts
Total Finished SqFt1,702 SqFtAbove Grade Finished SqFt1,702 SqFtLot Size2,418 SqFtStyleTriplexYear Built1931ZoningHBR3YYCountyLOS ANGELESAPN4181-028-013

Schools near 135 29th Street

This home is within Hermosa Beach City Elementary School District.
Rating
School
Type
Grades
Distance
Public - 4 to 8
Public - K to 3
Private - K to 12
Rating
School
Distance
Hermosa Valley Elementary School
Public4 to 8

Hermosa View Elementary School
PublicK to 3

Hope Chapel Academy
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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135 29th Street is a multi-family home for sale in Hermosa Beach, CA 90254. This property was listed for sale on January 22, 2024 by Palm Realty Boutique, it's currently listed at $4,198,000. This listing's school district is Hermosa Beach City Elementary School District. Nearby schools include Hermosa Valley Elementary School, Hermosa View Elementary School and Hope Chapel Academy. 135 29th Street is a 3-bed, 1-bath, 1,702 sqft multi-family home built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Palm Realty Boutique, Keith Kelley, DRE #01810798; Palm Realty Boutique, Inc., Tony Puma, DRE #01375596

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.