SOLD 06/30/2023
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Commercial sold for $4,900,000 in 60 days
59 10th St Hermosa Beach, CA, 90254
Off the market Other
An 8 unit building, ideally-located, just a block from The Strand. 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, as well. Excellent assumable debt: $2MM+/- at a rock bottom 3.7%, fixed for 4 more years. Priced well under the Hermosa average per/unit comp value.
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Property details
3,256 sqft interior area
Land area
5,231 sqft (0.12 acres)
Address
59 10th St, Hermosa Beach, CA, 90254
City of California
Hermosa Beach
County
Los Angeles
Year Built
1953
District
Hermosa Bch Sand
Nearby major retailers
Costco
Walmart Neighborhood Market
Toyota
T-Mobile
Trader Joe's
Whole Foods Market
Wholesale: 1
Supermarket: 10
Car: 1
Mobile phone: 5
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Listed by
Brice Head, CBRE, Inc.
Name
Brice Head
License number
01330706
Brokerage company
CBRE, Inc.
MLS #
CL23266523
Buyer agent
Name
Brice Head
Brokerage company
CBRE, Inc.
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Calculate your monthly payments
Mortgage
$15,045
Taxes
$0
HOA dues
$0
Mortgage
$980,000 / 20%
2.28%
30 years
Your amount
$15,045 / month
Lot details
TMK #4187004023
Parcel nr.
4187004023
90254 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90254
44%
Families with children
National average: 39%
39%
Non family households
342,934
Population
$135,765
Average Income
Age & gender
Median age 41 years
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Commute types
84% commute by car
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Education level
37% have bachelor education
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Number of employees
2% work in management
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Vehicles available
46% have 2 vehicle
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Vehicles by gender
46% have 2 vehicle
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Housing market insights for
$2.12m
Neighborhood average
sales price*
sales price*
$1.7m
Neighborhood median
sales price*
sales price*
488
Number
of sales*
of sales*
Housing type
51% are single detacheds
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Rooms
37% of the houses have 4 or 5 rooms
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Bedrooms
61% have 2 or 3 bedrooms
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Owners vs Renters
55% are owners
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18.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Jun 30, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jun 30, 2023 | Sold | $4,900,000 | 0 | Public Record |
| Jun 30, 2023 | Price Decrease | $4,900,000 -5.75% | 0 | MLS #CL23266523 |
| Jun 29, 2023 | Under contract | $5,199,000 | 0 | MLS #CL23266523 |
| May 2, 2023 | New Listing | $5,199,000 | 0 | MLS #CL23266523 |
Taxes of 59 10th St, Hermosa Beach, CA, 90254
HBR3 zoning / MLS #CL23266523
Zoning
HBR3
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Frequently Asked Questions about 59 10th St
What is 59 10th St?
59 10th St is a Commercial/Industrial propertywith 3,256 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
59 10th St, Hermosa Beach, CA, 90254.
What comparable properties are nearby?
Comparable nearby commercial properties include 908 Manhattan Ave, 1242 Hermosa Ave, 1401 Hermosa Ave, 47 21st Ct, 824 1st St, 512 N Pacific Coast Hwy.
Based on information from the bridgeMLS as of 05-13-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Jul 01, 2023
Verhouse Last checked 4 minutes ago
The closest grocery stores are Vons 2110, 0.49 miles away and Trader Joe's, 0.52 miles away.
The 90254 zip area has a population of 342,934, and 44% of the families have children. The median age is 41.49 years and 84% commute by car. The most popular housing type is "single detached" and 55% is owner.
