Est. cap rate

0.9%

Assumed rent, all units

$6,840/mo

Units

2

Price per unit

$2,299,500

Est. annual NOI

$41,040

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

4,050 sqft

Lot size

2,921 sqft

Year built

1921

Stories

3

Garage spaces

4

Style

Contemporary

Heating

Central

Cooling

Central Air

Pool

None

View

Coastline,Ocean,Mountain(s),Pier,Water,Panoramic

Status

Active

Days on market

64

MLS #

249025981

About this property

Step into this beautifully designed home where modern elegance meets coastal charm. The open floor plan seamlessly integrates indoor and outdoor living, perfect for entertaining or simply enjoying the serene ocean breezes. The spacious living area features large glass sliding doors that flood the space with natural light and offer panoramic views of the Pacific Ocean. The luxurious master suite is a true sanctuary, a walk-in closet, and a spa-like en-suite bathroom and a glass-enclosed shower. Three additional bedrooms provide ample space for family and guests. The gourmet kitchen is a chef's dream, equipped with top-of-the-line stainless steel appliances, custom cabinetry, and a large center island with a breakfast bar. The adjacent dining area opens up to a private patio, ideal soaking in the stunning sunsets. A perfect spot to enjoy your morning coffee or evening cocktails while taking in the majestic ocean vistas. Located in the heart of Hermosa Beach, this home is just a short stroll from the beach, trendy shops, and renowned restaurants. Experience the ultimate in beach living with easy access to the vibrant community and all the amenities it has to offer. Experience the allure and versatility of 1204 Monterey Blvd, which includes a bonus front house ideal for rental income or accommodating extended family. The front house boasts a bright and airy atmosphere, featuring pristine white walls, elegant white wood ceilings, and beautiful white wood floors. This inviting space seamlessly blends comfort and style, offering a perfect retreat or an excellent opportunity for rental potential. Don't miss the opportunity to own this exceptional coastal property. Entertaining all offers. Contact us today to schedule a private showing and make this dream home yours.

Location

1204 Monterey Boulevard

Hermosa Beach, Los Angeles, CA, 90254