815 Cypress Avenue Hermosa Beach, 90254

Bedrooms:
5
Bathrooms:
5
Square Feet:
2,756 sqft
Price $2,399,000 .00
Approx /month
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Sale Price:
$2,399,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
Insurance: (year)
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Virtual Tour of 815 Cypress Avenue , Hermosa Beach 90254

Property Description

Rarely does a quality investment like this come to market! This updated duplex is perfect for an owner/user offering the quality of life in the Hermosa Sand Section, contemporary design with loads of sunlight, and privacy. The location is walking distance to the sand, Pier Avenue activities, the farmers market, and just a few steps to one of Hermosa’s coveted parks. The front unit has 3 bedrooms with oversized closet spaces, 2.5 updated bathrooms, a separate laundry room in unit, and indoor/outdoor living with two large sliders opening to the side patio. The rear/West facing unit has a completely updated kitchen (cabinets, counters, appliances), 2 large bedrooms with the master offering a separate outdoor rooftop deck, 2 updated bathrooms, laundry in unit, and an entertainers living area flowing out to an expansive outdoor patio space/yard to truly bring the outdoors in. Building features include new dual pane windows, separate gas/electrical meters, secure entry system, and other recent upgrades made by the current owner over the years. The property can be delivered vacant or occupied with pro forma rental income of $11,200 per month - that's like qualifying for approximately $1M more of a home with the rental income from the front unit alone! (subject to bank lending terms)

General Information

Price:
$2,399,000
Status:
Active
Listing Updated:
7/6/2020
List Date:
6/22/2020
Close Date
0000-00-00 00:00:00
Square Feet:
2,756
Bedrooms:
5
Bathrooms:
5
Garage Spaces:
2
Year Built:
1965
City:
Hermosa Beach
Zip:
90254
County:
Los Angeles
MLS ID:
PV20120557
Listing Broker:
Compass
Listing Agent:
Anthony Accardo
CalBRE#:
01863340

Home Features

Interior Features:
Exterior Features:
Kitchen Features:
Eating Area:
Bath Features:
Appliances:
{Appliances}
Flooring:
Laundry:
Individual Room, Inside
Architectural Style:
Levels:
Multi/Split
Fireplace Features:
Family Room
Cooling:
None
Heating:
Central
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Pool Type Features:
None
Spa Features:
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Rooms Included:
All Bedrooms Up
Accessibility Features:

Community Information

MLS Area:
148 - Hermosa Bch Sand

Lot Information

Lot Size (sq feet):
2,993

Location Information

Directions:
Cross Streets: 8th