821 Cypress Avenue Hermosa Beach, 90254

Bedrooms:
5
Bathrooms:
5
Square Feet:
3,250 sqft
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Virtual Tour of 821 Cypress Avenue , Hermosa Beach 90254

Property Description

Hermosa Beach provides the essence of California beach living. Located within 4 blocks of the beach and Pier Avenue restaurants and shopping, this cul-de-sac property is within a block of famous Clark Field, and just a couple blocks to tennis/pickle ball courts, kid-friendly South Park and the greenbelt. The ideally situated property presents you with the opportunity for a high end investment property you can rent out or live in yourself. Current rents provide a beach property with an approximate 3.5% Cap Rate and pro-forma rents provide 3.8%. The generously sized units provide great interior space along with large decks wrapping around the property allowing the living area to flow freely to the outside. 821 Cypress includes an open floor plan with a fireplace, dining area, breakfast area, 3 bedrooms and 2.5 bathrooms, and a private loft adjoining a wind-sheltered private deck. 825 Cypress is a generously sized west facing 2 bedroom unit with 2 baths and an office (bonus room), two decks, and a private yard. The open floor plan has a top floor living room with fireplace, dining area, kitchen and attached deck with space for an outdoor dining table. This property demands high rents due to its location, condition and abundance of parking (4 car garage plus 5 additional spaces).

General Information

Price:
$2,699,000
Status:
Active Under Contract
Listing Updated:
7/9/2020
List Date:
6/19/2020
Close Date
0000-00-00 00:00:00
Square Feet:
3,250
Bedrooms:
5
Bathrooms:
5
Garage Spaces:
4
Year Built:
1988
City:
Hermosa Beach
Zip:
90254
County:
Los Angeles
MLS ID:
SB20119833
Listing Broker:
Vista Sotheby’s International Realty
Listing Agent:
Steven Mullins
CalBRE#:
01487977

Home Features

Interior Features:
Balcony, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Living Room Balcony, Living Room Deck Attached, Open Floorplan, Storage, Tandem
Exterior Features:
Kitchen Features:
Eating Area:
Bath Features:
Appliances:
{Appliances}
Flooring:
Laminate
Laundry:
Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
Architectural Style:
Traditional
Levels:
Three Or More
Fireplace Features:
Family Room
Cooling:
None
Heating:
Central
Utilities:
Electricity Connected, Water Connected
Pool Type Features:
None
Spa Features:
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Rooms Included:
Bonus Room,Family Room,Foyer,Kitchen,Laundry,Master Bathroom,Master Bedroom,Master Suite,Office
Accessibility Features:

Community Information

MLS Area:
148 - Hermosa Bch Sand

Lot Information

Lot Size (sq feet):
3,010

Location Information

Directions:
Enter off of 8th. Between Clark Field and 8th Street.