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$3,500,000
8 Beds 6 Baths 26867229 MLS Active Status
We are pleased to present the exclusive offering of 114 Hermosa Ave, a premier coastal apartment investment located just steps from the beach in the highly sought-after Hermosa Beach submarket. This exceptional asset represents a rare opportunity to acquire a 4-unit apartment community in one of Southern California's most supply-constrained and desirable rental markets. Originally constructed in 1971, the property consists of approximately 4,002 rentable square feet situated on a 2,900 square foot lot. Residents enjoy stunning ocean views from the property, further enhancing its desirability and long-term rental appeal. Ideally situated within walking distance of the Hermosa Beach Pier, The Strand, award-winning restaurants, boutique retail, and major employment centers throughout the South Bay, the property offers an unmatched coastal lifestyle. Additional amenities include private balconies for every unit, eight covered parking spaces, private storage units for each resident, a community laundry facility conveniently located within the carport, and a shared rooftop deck offering panoramic ocean and coastline views. The property is currently operating at a 3.28% capitalization rate and a 20.01 GRM, presenting investors with meaningful upside through interior unit renovations and strategic upgrades that can drive rental growth and enhance overall property performance. Based on market rents, the asset offers the potential to achieve an estimated 4.25% market capitalization rate and 16.67 GRM, providing a compelling value-add opportunity while benefiting from the long-term stability of the Hermosa Beach rental market. With exceptionally high barriers to entry, limited new multifamily development, and consistently strong tenant demand, 114 Hermosa Ave offers investors the opportunity to acquire a trophy coastal asset with durable cash flow, significant income growth potential, and long-term appreciation in one of Los Angeles County's most coveted beachfront communities. The property's premier coastal location, breathtaking ocean views, exceptional resident amenities, and value-add potential position it as a truly outstanding investment opportunity in one of Southern California's most prestigious beach communities.

114 Hermosa Avenue, Hermosa Beach

$1,245,000
2 Beds 2 Baths SB26138685 MLS Active Status
Just steps from the sand, The Strand, and the energy of downtown Hermosa Beach, this beautifully updated two-bedroom, two-bath condominium offers an exceptional opportunity to enjoy the beach lifestyle from one of the city’s most desirable locations. The thoughtfully designed single-level floor plan features an open living and dining area, wood flooring, recessed lighting, crown molding, and a seamless connection to the private balcony, where ocean breezes and the sound of the waves create a relaxed coastal setting. The remodeled kitchen offers stone countertops, generous cabinetry, and an open layout ideal for everyday living and entertaining. Both bathrooms have also been updated, while double-pane windows and abundant natural light add to the home’s comfortable feel. An elevator provides convenient access from the subterranean garage directly to the residential level, with no interior stairs required. Complete with assigned parking and close proximity to the beach, Hermosa Pier, restaurants, shops, and neighborhood favorites, this is easy coastal living in the heart of Hermosa Beach

15 15th Street Unit 14, Hermosa Beach

$4,200,000
TR26146221 MLS Active Status
838 Cypress Avenue is a two-building structure that has a total of 10 studio units (4 units in the front building and 6 units in the rear building). This property is an exceptional investment opportunity in one of Hermosa Beach's most desirable neighborhoods. Perfectly positioned west of Pacific Coast Highway, 838 Cypress Avenue offers an unbeatable coastal lifestyle just blocks from the sand, surf, and vibrant downtown. Everyday conveniences are just minutes away, including grocery stores, coffee shops, pharmacies, and local services. Outdoor enthusiasts will appreciate nearby parks, the Greenbelt walking trail, and numerous recreational opportunities throughout the South Bay. The property is served by the highly regarded Hermosa Beach City School District, with Hermosa View School and Hermosa Valley School nearby, making the location attractive to a wide range of tenants and residents. Whether you're seeking a long-term investment or an exceptional coastal asset, 838 Cypress Avenue combines an irreplaceable beach location with outstanding lifestyle amenities in one of Southern California's premier seaside communities.This property has had its front building deck/roof replaced in November 2025 and is in full compliance with the SB -721 Ordinance.

838 Cypress, Hermosa Beach

$830,000
1 Beds 1 Baths SB26124625 MLS Active Under Contract Status
The Beach House, located on THE STRAND, is one of the few condotels (a condo hotel) located on the OCEAN in Southern California. Steps from the sand and an easy walk to downtown Hermosa Beach (Pier Avenue and Hermosa Avenue), where you'll find tons of great restaurants, shops, and entertainment. All the activities that make the beach so enjoyable and desirable are right out the front door! Spectators also enjoy local and national volleyball tournaments and other sporting events held at this location. There are 96 individually owned units at The Beach House. Owners can enjoy their unit 0-90 days a year, and when it's not being used by owners/owners' guests, they earn rental income. The income is split 50/50 with the management company. Each unit has a sleeping area with a king bed, desk, closet, bank of drawers, and nightstands. The bathroom offers a separate shower and large soaking tub, plus a spacious counter and sink. There is also a well-appointed, generously sized living room with a fireplace, a large sofa that pulls out to provide a comfortable queen sleeper, a side chair, a coffee table, an end table, and lighting. In addition, there is a balcony with chairs and a table for outdoor enjoyment. A continental breakfast is available every day during your stay. Valet parking is offered to owners and guests. There is also bicycle/surfboard storage available if needed. The long-term staff is professional and pleasant, knows the owners, and go above and beyond to make sure that everyone's stay is a great experience. Suppose you desire a multi-million-dollar location with great beach-town amenities at your fingertips, a lock-and-go concept, and the opportunity to collect rental income when not in personal use. In that case, this is the ideal opportunity for you! These units are not often available, as many are original owner units. Happy to answer questions or show you this unique offering.

1300 The Strand Unit 201, Hermosa Beach

$830,000
SB26124928 MLS Active Under Contract Status
The Beach House, located on THE STRAND, is one of the few condotels (a condo hotel) located on the OCEAN in Southern California. Steps from the sand and an easy walk to downtown Hermosa Beach (Pier Avenue and Hermosa Avenue), where you'll find tons of great restaurants, shops, and entertainment. All the activities that make the beach so enjoyable and desirable are right out the front door! Spectators also enjoy the local and national volleyball tournaments and other sporting events, which are also offered in this location. There are 96 individually owned units at The Beach House. Owners can enjoy their unit 1-90 days a year, and when it's not being used by owners/owners' guests, they earn rental income. The income is split 50/50 with the management company. Each unit has a sleeping area with a king bed, desk, closet, bank of drawers, and nightstands. The bathroom offers a separate shower and large soaking tub, plus a spacious counter and sink. There is also a well-appointed and nicely sized living room with a fireplace, a large sofa that pulls out to offer a comfortable queen sleeper, a side chair, a coffee table, an end table, and lighting. In addition, there is a balcony with chairs and a table for outdoor enjoyment. A continental breakfast is available every day during your stay. Valet parking is offered to owners and guests. There is also bicycle/surfboard storage available if needed. The long-term staff are professional and pleasant, know the owners, and go above and beyond to make sure that everyone's stay is a great experience. Suppose you desire to have a multi-million dollar location with great beach town amenities at your fingertips, a lock-and-go concept, and the opportunity to collect rental income when not in personal use. In that case, this is the limited ideal opportunity for you! These units are not often available, as many owners are original owners. Happy to answer questions or show you this unique offering.

1300 The Strand Unit 201, Hermosa Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.