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    847 Bard Street

    Hermosa Beach, CA 90254
    • $1,800,000
    • STATUS: ACTIVE
    • ON SITE: 51 days
    • ID#: 302975017
    UPDATED: 57 min ago
    $1,800,000
    • 4
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    847 Bard St is a development opportunity located in the highly sought-after Sand Section of Hermosa Beach. The building currently consists of (2) 2+1 units excellent for an owner-user or developer. The property is approved by the City and Coastal Commission to build (2) two detached, three-story townhomes with rooftop decks. Unit 1 will feature 3-bedrooms & 3.5-bathrooms with 2,097 SF of living space, 411 SF of third-floor deck space, and a 17 X 20 garage space. Unit 2 will consist of 3-bedrooms & 3.5-ba 847 Bard St is a development opportunity located in the highly sought-after Sand Section of Hermosa Beach. The building currently consists of (2) 2+1 units excellent for an owner-user or developer. The property is approved by the City and Coastal Commission to build (2) two detached, three-story townhomes with rooftop decks. Unit 1 will feature 3-bedrooms & 3.5-bathrooms with 2,097 SF of living space, 411 SF of third-floor deck space, and a 17 X 20 garage space. Unit 2 will consist of 3-bedrooms & 3.5-bathrooms with 1,972 SF of living space, 376 SF of third-floor deck space, and a 17 X 20 garage space. Located just blocks from the Strand in prime Hermosa Beach, this is a unique opportunity to purchase as an owner-user or investor in the short term with the ability to develop down the line.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.yournextcalihome.com/homes/112361560
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    847 Bard Street Hermosa Beach, CA 90254

    • Price: $1,800,000
    • Status: ACTIVE
    • Updated: 57 min ago
    • ID#: 302975017
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    Neighborhood:
    Hermosa Beach (90254)
    County:
    Los Angeles
    Area:
    Hermosa Beach (90254)
    Property Description
    847 Bard St is a development opportunity located in the highly sought-after Sand Section of Hermosa Beach. The building currently consists of (2) 2+1 units excellent for an owner-user or developer. The property is approved by the City and Coastal Commission to build (2) two detached, three-story townhomes with rooftop decks. Unit 1 will feature 3-bedrooms & 3.5-bathrooms with 2,097 SF of living space, 411 SF of third-floor deck space, and a 17 X 20 garage space. Unit 2 will consist of 3-bedrooms & 3.5-ba 847 Bard St is a development opportunity located in the highly sought-after Sand Section of Hermosa Beach. The building currently consists of (2) 2+1 units excellent for an owner-user or developer. The property is approved by the City and Coastal Commission to build (2) two detached, three-story townhomes with rooftop decks. Unit 1 will feature 3-bedrooms & 3.5-bathrooms with 2,097 SF of living space, 411 SF of third-floor deck space, and a 17 X 20 garage space. Unit 2 will consist of 3-bedrooms & 3.5-bathrooms with 1,972 SF of living space, 376 SF of third-floor deck space, and a 17 X 20 garage space. Located just blocks from the Strand in prime Hermosa Beach, this is a unique opportunity to purchase as an owner-user or investor in the short term with the ability to develop down the line.
    Exterior Features

    Pool N/K Site Sidewalks

    Interior Features

    Total Baths Unit1 1 Total Baths Unit2 1

    Property Features

    Actual Cap Rate 3.08 Annual Expense Actual 26079 Buildings 1 Gross Rent Multiplier Actual 21.43 Gross Scheduled Income Actual 84000 Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 3500.0 Unit2 Rent Actual 3500.0 Zoning Assessor

    Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    San Diego CA, 92131