223 24th Street

Hermosa Beach, CA 90254

$4,399,000
Price
7
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 223 24th Street

StatusPending
MLS #SB19132395
Year Built1921
DOM114
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Lot Size0.11 AC / 4,929 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

David Caskey

Strand Hill Christies International Real Estate

dave@caskeyandcaskey.com

P: 310.374.1800

DRE #01198999

Contact Agent(s)

Property Details for 223 24th Street

Parking Spaces Total
5
Private Pool
No

Description

Rarely does an opportunity come along in the Hermosa Beach real estate market to own a prime piece of ocean view property on an over-sized ocean view lot. Currently a five-unit, 4072 square foot structure on a 4929 sq.ft. lot, this building encompasses four one-bedroom, one-bath residences and one three-bedroom, one-bath unit. The three-bedroom units occupies the entire third floor and offers light-filled rooms, a large living room and an enclosed deck with panoramic ocean-views and the charm of... original detailing. The four one-bedroom units offer generous bedrooms and sun-drenched living spaces. Both downtown Hermosa Beach and the shops and restaurants of Manhattan Beach are equidistant from this site, presenting an unbeatable location for partaking of all the South Bay Beach has to offer. With the picturesque Strand, white sand beaches , volleyball courts and even swings just outside your front door, this chance to own a multi-unit property is beyond compare.

Location

Listing Courtesy of Strand Hill Christies International Real Estate, David Caskey, DRE #01198999

Building Information for 223 24th Street

Stories-Residences-Year Built1921Building Size-Lot Size0.11 AC / 4,929 SF

Payment Calculator

$15,822 per month

30 year fixed, 3.51% Interest

Principal and Interest

$15,822

Property Taxes

HOA Dues

$0

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Property Information for 223 24th Street

Property Features
    Interior Features
  • Common Walls: 1 Common Wall
  • Flooring Type: Carpet
  • Laundry: No
  • Laundry Features: None
    Exterior Features
  • Pool Features: None
    Parking Info
  • Garage Spaces: 5
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1921
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 4072
  • Building Area Units: Square Feet
Community/Development / Location Info
    School/Location Info
  • County Or Parish: Los Angeles
  • Directions: Cross Streets: 24th & Ozone
  • MLS Area Major: Hermosa Beach Sand (148)
    Association Information
  • Community Features: Sidewalks, Suburban
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Lot: 25
  • Tax Tract Number: 1031
    Income Details
  • Gross Income: $106,200
  • Gross Scheduled Income: $106,200
  • Net Operating Income: $74,484
    Expense Details
  • Electric Expense: $57
  • Fuel Expense: $77
  • Insurance Expense: $2,070
  • New Taxes Expense: $0
  • Operating Expense: $31,716
  • Professional Management Expense: $0
  • Total Expenses: $31,716
  • Trash Expense: $1,456
  • Water Sewer Expense: $1,617
Unit Information
    Unit 1
  • Unit Type Actual Rent: $0
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2500
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $0
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $1,700
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2500
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,700
  • Unit Type Type: 2
    Unit 3
  • Unit Type Actual Rent: $1,750
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2500
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,750
  • Unit Type Type: 3
    Unit 4
  • Unit Type Actual Rent: $1,900
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2500
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,900
  • Unit Type Type: 4
    Unit 5
  • Unit Type Actual Rent: $3,500
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 4500
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $3,500
  • Unit Type Type: 5
    Multi-Unit Info
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 0
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: No
  • Total Actual Rent: $106,200
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Acres: .11
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4929
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer

Property History for 223 24th Street

DateEvent & SourcePriceAppreciation
Oct 8, 2019Withdrawn / Cancelled

CRMLS #SB19188740

Sep 28, 2019Pending

CRMLS #SB19132395

Sep 23, 2019Pending

CRMLS #SB19188740

DateEvent & SourcePrice
10/08/2019
Withdrawn / Cancelled

CRMLS #SB19188740

09/28/2019
Pending

CRMLS #SB19132395

09/23/2019
Pending

CRMLS #SB19188740

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

Public Records for 223 24th Street

Taxable ValueLand$871,883Additions$126,015Total$997,898
Tax Record2018$12,250
Home Facts
Beds6Finished Sq.Ft.4,072 SqFtLot Size4,930 SqFtStyleMulti-Family Res (5+ Units)Year Built1921Year Renovated1921ZoningHBR2*CountyLOS ANGELES

Schools near 223 24th Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Hermosa Valley Elementary SchoolPublic4-80.5 mi
9
Hope Chapel AcademyPrivateK-120.5 mi
NR
Hermosa View Elementary SchoolPublicK-30.7 mi
10

Hermosa Valley Elementary School

4-8, 0.5 mi, Public

9

Hope Chapel Academy

K-12, 0.5 mi, Private

NR

Hermosa View Elementary School

K-3, 0.7 mi, Public

10

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.

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Strand Hill Christies International Real Estate, David Caskey, DRE #01198999
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