Wonderful one of a kind custom home located on the best street in the tree section. A very charming “french country” inspired designed house with vaulted ceilings and large windows throughout. Four bedrooms + office/library. The spacious master suite has a seating area, fireplace, balcony and two walk-in closets. Three fireplaces in the house. French doors lead to a brick pation and back yard. The property is on a “street to alley” lot with the garage in the back. Formal living room with 2 story high ceilings and a fireplace and family room in back also with a fireplace. The kitchen is open to the family room with a casual eating area in it. This home also features af formal dining room on the main level.

www.oconnorproperty.com/thirtyfirst

I am always asked, where can I find foreclosures?  Or Where can I find a really good deal?

The truth is there are not a lot of “Foreclosures” in Manhattan Beach or Hermosa Beach.  There are some “short sales” and a hand full of REO sales*.

But for all those people looking for one…Here it is!!!!

202 28th street Hermosa Beach, CA
Its a REO (bank owned property) that has been listed on the open market for all to have an opportunity to buy it.

202 28th st. is a large duplex (two units, one up and one down) on a full lot (30X80 ft.) one block from the sand in North Hermosa. Each unit is a 2 bedroom, 1 bath with a kitchen and hardwood floors.  The upper unit has an ocean view and even though its not mentioned in the listing there is a bonus unit over the two car garage.  This is not in great condition, needs paint and other standard maintenance.  Its on a corner of a busy street but taking that into consideration its still a great deal.

The price is: $935,000!!!!
This is well below the market, the agent even acknowledges it in his “Agent notes”, commenting that he knows there is going to be multiple bids but this is the way the Bank wants to handle the sale.

I would expect there to be many offers and the price to go well over $1,000,000. Call me if you more information

Listed by Leo Nordine

*REO sale is a property that has been foreclosed on by the bank and did not sell at the foreclosure action.  The bank is the official seller and listed the property on the open market.