Lowest Gross Rent Multiplier in Hermosa Beach, by significant margin!!! Two large detached ocean views townhome style income units beautifully renovated to like new status to generate premium rents. 456 (Front Unit) features a traditional floorplan with 3 bedrooms, 2.5 bath in approx. 1,843s.f. with wide plank white oak flooring, slab Caesar stone counters, new custom cabinetry, new stainless appliances, frameless shower, new fixtures, 2 car garage and 2 car apron parking and panoramic ocean views. 458 (Rear Unit) features a reverse floor plan with 5 bedrooms, 3.5 baths in approx. 2,530s.f. with wide plank white oak flooring, slab Caesar stone counters, new custom cabinetry, new stainless appliances, frameless shower, new fixtures, huge 4 car garage and panoramic ocean views. In a submarket where new townhomes are trading in low $2m’s, you can get two like new units for the price of one (almost).
