Description
Don’t let the address fool you! 2 Second Street, Hermosa Beach * This 3,948s.f. quadraplex sits on the South corner of 2nd and The Strand on an oversized 3,230s.f. corner lot. * An amazing 46’ of frontage that narrows to a still oversized 35’ in the back. * Features a 3bedroom/1 bath unit, two 2 bedroom/1 bath units and a 1 bedroom/1 bath unit. * Located two blocks north of the 49 acre AES Power Plant slated for future redevelopment and a short walk to downtown Hermosa and the myriad of shops and restaurants. * Great opportunity for significant upside with the redevelopment of AES, as a reference the Metlox redevelopment in MB significantly benefited values of surrounding property as a 3 acre project and this project is 15x plus larger. * All leases are month to month