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Hot Pick | Hermosa Beach Income property1139 17th ST, Hermosa Beach 90254By Ryan Rockwood Today we made a recently rare journey into the land of non-foreclosures with a visit to a new listing on 17th St in Hermosa. Diagnosis? Surprisingly nice! Check out my photos. The property is huge, on a corner, includes two small independent homes, a good sized yard, 2 car garage, a large ocean view deck and the potential to one day rip down these old homes and build a not-so-mini mansion w/a bitchin’ ocean view! Priced at $1,050,000 it might even cash flow immediately … I’d certainly rent one of the homes for $2,500+. (That’s kind of my yardstick for rental value). For more information and a tour call me right this very moment! Like what you have been reading here? Subscribe now and receive email updates of our articles. Posted on October 13th, 2009 by Ryan Rockwood
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