#SB25030777, Christa Lyons, Listing Office: Radius Agent Realty

20 22nd St Hermosa Beach, CA 90254
Property details
About 20 22nd St
JUST REDUCED by $976,0000 this Class A 5-unit apartment building sits one off Hermosa Beach Strand. With $357,348 in pro forma annual gross income and $258,921 in pro forma net income (4.3% cap rate). This is high-end trophy asset has 7 parking spots and consists of: (1) 2-Bed/2-Bath unit with an OCEAN VIEW, (1) 2-Bed/1-Bath unit that has an amazing patio and OCEAN VIEW as well as (3) 1-Bed/1-Bath units. This high-end luxury building offers a turnkey investment opportunity in one of the most exclusive neighborhoods within the South Bay.
Highlights
Summary
- MLS Number: SB25008552
- MLS Name: CRMLS
- Office Name: Joseph Group
- Office Phone: (310) 415-4655
- Listing Agent: William Joseph
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 3/14/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,999,000
20 22nd St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 12, 2014 | Home Sold | $228,000 |
Nov 01, 2013 | Home Sold | $1,650,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $2,257,770 | $25,573 |
2023 | $2,213,516 | $27,069 |
2022 | $2,170,130 | $27,115 |
2021 | $2,127,594 | $26,848 |
2020 | $2,105,037 | $25,999 |
2019 | $2,063,762 | $25,020 |
2018 | $2,023,297 | $24,796 |
2017 | $1,983,626 | $24,796 |
History based on county public records data.
Nearby schools
9
Robinson Elementary School
Public District KG-5
0.6 mi
•80 Morningside Dr
9
Pennekamp Elementary School
Public District KG-5
1.1 mi
•110 S Rowell Ave
9
Pacific Elementary School
Public District KG-5
1.4 mi
•1200 Pacific Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $128,716. The most common annual income of people living in Hermosa Beach, CA is between $100k-200k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 20 22nd St
This home is located at 20 22nd St in Hermosa Beach, CA and zip code 90254 in the Hermosa Beach Sand neighborhood. This 3,646 square foot home, which was built in 1959, sits on a 0.08 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 18, 2025 and is currently priced at $5,999,000.
Over 5 listings were sold over their listed price in February 2025 in Hermosa Beach, CA. In the same period over 10 listings were sold below the listed price and 1 listings were sold for the listed price. Between January and February 2025, Hermosa Beach, CA real estate market has seen increase in the number of listings by 15%. The median list price of listings available in February 2025 was $2,367,500, while the average time on the real estate market was 57 days.