Hermosa Beach CA Multi Family for Sale
$7,400,000
20 22nd Street Hermosa Beach, CA 90254
- Type:
- Apartment
- Sq.Ft.:
- 3,646
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- SB24252047
ADDITIONAL INFORMATION
Rarely does one of the crown jewels of Hermosa Beach multifamily become available with pro forma of over $360,000 in annual gross income and $247,752 in pro forma net income (3.35% cap rate). Just one home off the Hermosa Beach Strand, this high-end luxury 5-unit trophy asset 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. The building features 7 parking spots, 4 of which are garage parking. This high-end luxury building offers a turnkey investment opportunity in one of the most exclusive neighborhoods within the South Bay. Currently, the 2-bed/1-bath unit and one 1-bed/1-bath units are being left vacant for the next owner. Actual financials include pro forma for each vacant unit.
- Type:
- Triplex
- Sq.Ft.:
- 2,682
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- SB24249351
ADDITIONAL INFORMATION
Prime Real Estate Opportunity in Hermosa Beach – Steps from Pier Avenue! Discover 1310 Loma Drive, a rare triplex gem in the heart of Hermosa Beach. Nestled in a thriving coastal community, this property has not been on the market in 54 years. It offers an exceptional opportunity for both investors and owner-occupants in one of Southern California's most desirable beach city neighborhoods. Property Highlights: Three Units: Each unit features 2 bedrooms and 1 full bath, perfectly combining comfort, convenience, and coastal charm. Two upper-level Units and one downstairs unit offer bright, spacious living areas with abundant natural light. The one lower-level unit has a functional layout with a walk-out porch leading to a backyard—ideal for outdoor entertaining and enjoying the coastal climate. Parking: Includes a three car garage, plus additional exterior parking for each unit. Prime location with a walkability score of 91/100. Enjoy shops, dining, and entertainment just steps away. Beach Access: Stroll to the world-famous Strand, the Pacific Ocean and 94 acres of public beaches featuring lifeguards, volleyball courts, and surfing opportunities. Community Amenities: Nearby parks with sports facilities, playgrounds, picnic areas, and a skate park. Local Perks: A vibrant Farmers Market every Friday, organized sports at Clark Field and a community center offering a gymnasium and meeting spaces. With a population under +/- 20,000 Hermosa Beach offers a unique blend of small-town charm and urban convenience. Its proximity to Pacific Coast Highway, major freeways, and endless coastal attractions makes it the perfect location for a vibrant lifestyle. Don’t Miss This Opportunity! Seize the chance to invest in a beach city property with incredible potential in one of Southern California’s most iconic coastal communities. Contact us today to schedule a tour and make 1310 Loma Drive your next great investment or forever home!
- Type:
- Duplex
- Sq.Ft.:
- 4,373
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1989
- Baths:
- MLS#:
- SB24251536
ADDITIONAL INFORMATION
This exceptional duplex in Hermosa Hills offers the ideal opportunity to live in one unit and rent the other. The front house features 3 bedrooms, 2.5 baths, a 2-car attached garage, and additional off-street parking for two cars. The remodeled, spacious kitchen is adjacent to a bright dining area, which flows into a large family room and balcony with ocean views. The private master suite is located upstairs and includes an en-suite bathroom, walk-in closet, and soaring vaulted ceilings. West-facing sliding glass doors allow natural light and refreshing sea breezes into the room, while offering ocean views. The rear residence is equally impressive, boasting 5 bedrooms, 3.5 baths, and a 4-car attached garage. The home seamlessly blends beach-inspired elements with upscale finishes. The first level includes the entry from the garage and leads to 4 secondary bedrooms, 2 bathrooms, and a laundry room. On the top level, you'll find a stunning gourmet kitchen with vaulted ceilings, a spacious dining area, pantry, powder room, and a beautiful ocean-view balcony. The master suite, tucked away on this level, features a newly renovated bathroom and a walk-in closet. Both units have been meticulously renovated and offer a modern, like-new living experience. The front unit (456) is approximately 1,843 sq. ft. and includes wide plank white oak floors, Caesarstone countertops, custom cabinetry, new stainless steel appliances, frameless showers, and premium finishes throughout. It also boasts panoramic ocean views. The rear unit (458) spans approximately 2,530 sq. ft. and mirrors the front in design but offers an expansive 4-car garage, with the same high-end features and ocean views. Both units are ideal for generating premium rental income while enjoying a luxurious lifestyle. This duplex offers an incredible opportunity to own a property with ocean views, modern amenities, and income potential.
$1,499,000
2410 Prospect Avenue Hermosa Beach, CA 90254
- Type:
- Duplex
- Sq.Ft.:
- 1,668
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1973
- Baths:
- MLS#:
- SB24235769
ADDITIONAL INFORMATION
Welcome to 2410/2412 Prospect. This duplex is really clean and well maintained. Upstairs you will find a 2 bedroom, 2 bath with a balcony and a deck. Downstairs is a 1 bedroom, 1 bath with a private yard. Both units come with a stove and refrigerator. Tenants share a laundry room and property comes with a washer/dryer, Newer dual pane windows throughout, newer water heater. Tenants share the 2 car attached garage with electric car charger and there is room for parking 2 more cars.
$4,749,000
1912 Hermosa Avenue Hermosa Beach, CA 90254
- Type:
- Apartment
- Sq.Ft.:
- 4,436
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- SB24224701
ADDITIONAL INFORMATION
Nestled in the heart of the highly coveted N. Hermosa Beach sand section, The Pueblo Apts. is a landmark property known for its iconic Pueblo-inspired structure. The apartments offer a striking mix of stucco facades, curved edges, and earthy tones that pair perfectly with the history of Hermosa Beach, This 9 unit building is brimming with character and infinite potential hosting seven 1 bedroom/1 bathroom units and 2 studio/1 bathroom units. The studio units are located at ground level on Hermosa Avenue. Ascending to the 2nd level you will find two west facing 1bed/1bth units and a interior 1bed/1bth unit. The top two level backing up to Palm Avenue host four west facing 1 bed/1bth units with ocean view/ocean peek decks. Also located on Palm Avenue are the 4 single car garages with parking apron. There is an additional storage/utility room located mid level. What makes this icon extra special is it's whopping 4,436 sq ft of space on just over a 3,600 sq ft lot. The remarkable size and density offers square footage that is no longer able to be replicated under current zoning laws, making The Pueblo an exceptional investment opportunity. The Pueblo is more than a building; it’s a piece of Hermosa Beach history with an unbeatable location to the ocean and just a short walk to the Hermosa Beach Pier, restaurants, shops and cafe’s. This property offers very little turnover and it's residents that quintessential Southern California beach lifestyle.
$3,750,000
47 21st Court Hermosa Beach, CA 90254
- Type:
- Apartment
- Sq.Ft.:
- 2,522
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- SB24224200
ADDITIONAL INFORMATION
Welcome to your new slice of paradise nestled in the prestigious Southbay/Hermosa Beach Sand section walk street area. Located at the corner of 21st St and Hermosa Ave, this exquisite 5-Unit property presents a rare opportunity for ownership just steps away from the renowned Strand. Boasting a total building size of 2,522 sqft on a generous 2,848 sq ft lot, this property is a gem in the heart of Hermosa Beach. Three of the five units have undergone extensive renovations, showcasing stunning modern finishes and design elements. The property comprises a well-thought-out mix of units, including one 1-bedroom, one 2-bedroom, three Studios, each equipped with either a full or ¾ bathroom. Additionally, there are three single-car garages and two small underground storage spaces, ensuring ample convenience and storage options for residents. Two of the units are accessible from 21st Street and offer a charming patio (on the walk street), perfect for entertaining guests or simply enjoying the coastal breeze. The 1-bedroom offers a private patio. With its prime location and strong rental potential, this property presents an exceptional investment opportunity in a highly sought-after area. Don't miss your chance to own this fantastic property mere moments away from the ocean. Schedule a viewing today before it's gone!
$5,500,000
114 The Strand Hermosa Beach, CA 90254
- Type:
- Fourplex
- Sq.Ft.:
- 2,800
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- SB24206926
ADDITIONAL INFORMATION
This is your chance to own a 4-unit building on a full 30’ x 80’ beachfront lot for under $6M, offering the best value available on the world-famous Hermosa Beach Strand. With stunning ocean views, this property provides endless possibilities for investors seeking a premium beachside asset. Unlock the potential of this property by exploring the various development options available. Create a breathtaking owner's unit while still maintaining rental income from the remaining units. Take advantage of the interior stairway to reconfigure the space to suit your needs. If you're simply looking to invest, this irreplaceable beachfront property generates immediate rental income, making it a strong option for a 1031 exchange. The property comes with dedicated 3-car parking, a valuable amenity in this sought-after beach community. Plus, you're just steps away from the shops and dining of downtown Hermosa Beach, providing convenience and a vibrant lifestyle. 114 The Strand is a smart long-term beachfront investment, at a price range that is becoming increasingly scarce on The Strand. Don’t miss out on this rare opportunity to own this prime Hermosa Beach property with big upside potential.
Hermosa Beach Real Estate
The median home value in Hermosa Beach, CA is $2,134,000. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Hermosa Beach, CA is $2,134,000. Approximately 44.6% of Hermosa Beach homes are owned, compared to 43.18% rented, while 12.22% are vacant. Hermosa Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hermosa Beach real estate agent to arrange a tour today!
Hermosa Beach, California has a population of 19,787. Hermosa Beach is less family-centric than the surrounding county with 30.52% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Hermosa Beach, California is $144,388. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Hermosa Beach is 40.5 years.
Hermosa Beach Weather
The average high temperature in July is 75.7 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.