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CBRE
Available
8 units at The Beach with 3.7% assumable debt!
...a rare acquisition opportunity in one of LA's wealthiest and most sought-after zips.
59 10th St.
Hermosa Beach
The deal...
An 8 unit building on a double lot, ideally-located, just steps to sand & surf.  The perfect location for those wanting the quintessential  'Hermosa lifestyle'.  One Bedroom units - ideal for the typically young and active renters who want all that the beach has to offer - as well as the retail and dining options along Pier Ave. and Hermosa Ave.  Ample parking - 10 garage spots and 5 open spots on the apron, also.

Excellent assumable debt: $2MM+/- at a rock bottom 3.7%, fixed for 4 more years.  200 bps UNDER prevailing interest rates.

And priced well under the Hermosa sales comp average of $700K+/- per unit.

Exclusively listed at $5,199,000.
For more information, please contact:
Brice W. Head, MBA
Senior Vice President
CBRE | Capital Markets
+1 310 344 8218
brice.head@cbre.com
Lic. 01330706
CBRE
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