547 24th Street
About This Property
Discover coastal living at its finest in this stunning single-family home nestled in Hermosa Beach's coveted Sand Section. With 4 spacious bedrooms and 3 remodeled bathrooms, this bright, open home has an inviting floor plan designed for modern comfort and elegance. Step into a sweeping entryway with a grand staircase and soaring cathedral ceilings, setting the tone for the airy ambiance that fills every room.
The welcoming living room boasts a cozy fireplace and glass French doors leading to the backyard, bathing the space in natural light. Entertain in the expansive dining room, complete with a brick fireplace, which seamlessly flows into the kitchen featuring all-white cabinetry, granite countertops, and stainless steel appliances.
This thoughtfully designed layout offers three generous bedrooms and two full bathrooms on the main level, while the upstairs is dedicated to a luxurious primary suite. The primary retreat includes an en-suite bath, a private fireplace, French doors to a balcony, and a spacious walk-in closet.
Outside, a grassy front yard, large driveway, and private backyard with a wraparound deck create an ideal setting for family gatherings and entertaining under the California sun. And with a location just four blocks from the Hermosa Beach Strand, Hermosa Valley Park, and walking distance to top-rated schools, this home offers the ultimate coastal lifestyle.
Don't miss the chance to make this beachside dream home yours!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Nov 5, 2024 | Listed by Keller Williams South Bay | $3,699,999 | |
| Listed by Keller Williams South Bay | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017