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2124 Hermosa Avenue
Hermosa Beach CA 90254 US

$6,000,000

Active Under Contract Listing ID SB25013040
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10 bed
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8.00 Bath (8 Full)
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Lot: 4,025.00 Square Feet
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Single Family Residence

$6,000,000

Active Under Contract Listing ID SB25013040
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2124 Hermosa Avenue Introducing a rare opportunity to own a legacy six-unit income property in the heart of North Hermosa Beach, one of Southern California's most coveted coastal neighborhoods. The location is hard to beat: just three doors from The Strand and steps from iconic local favorites like Martha’s, The Bottle Inn, and The Green Store, with both the Manhattan Beach and Hermosa Beach Piers within easy reach. Offering an unbeatable combination of premier location, breathtaking ocean views, and exceptional investment potential, this irreplaceable property is a standout in every way. With a favorable unit mix of (2) 3-bedroom, 2-bath units and (4) 1-bedroom, 1-bath units, this substantial 5, 765 sq. ft. building sits on an oversized 4, 025 sq. ft. lot spanning from Hermosa Avenue to a high point on Palm Drive. The lower four units are all 1-bedrooms, while the upper two 3-bedroom units crown the property, offering awe-inspiring, panoramic views of the Santa Monica Bay from Malibu to Palos Verdes and Catalina Island. Perched on the first rise of the hill from the sand, this building towers over its neighbors, standing as an irreplaceable legal nonconforming structure with unmatched ocean, sand, and whitewater views. An appx. 1, 200 sq.ft. ocean view community deck and 9-car garage parking are standout features, while private storage and an on-site laundry room add convenience for tenants. Located in a high-demand rental market, the property offers substantial upside for investors, with pro forma net income of $295, 072 (4.9% cap rate). A 4, 400 sq.ft. home on Hermosa Avenue recently sold for $11M, further underscoring the high demand for this location and the uniqueness of this opportunity. Reach out now to submit your offer on this Hermosa Beach multifamily gem.

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Property Features

  • Facts
  • Lot Size: 4,025.00 Square Feet
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 8
  • Cooling System: None
  • Exterior Finish: Community Features Included: Sidewalks, Rectangular Lot

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 6000000
  • unparsedaddress: 2124 Hermosa Avenue
  • postalcity: Hermosa Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90254
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0924012855831038
  • lotsizeunits: Square Feet
  • lotsizearea: 4025
  • livingarea: 5765
  • livingareaunits: Square Feet
  • listagentfullname: Shawn Dugan
  • listagentemail: manonthestrand@gmail.com
  • listagentkey: 3yd-MRMLSCA-SDUGASHA
  • listagentmlsid: SDUGASHA
  • listagentpreferredphone: 3102653428
  • listagentofficephone: 3105450707
  • listofficekey: 3yd-MRMLSCA-sb1310590
  • listagentstatelicense: 01749343
  • listofficemlsid: sb1310590
  • disclaimer: Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1972
  • listingcontractdate: 2025-01-20
  • listagenturl: http://www.ManOnTheStrand.com
  • countyorparish: Los Angeles
  • parcelnumber: 4182009003
  • elementaryschooldistrict: Manhattan Unified
  • middleorjuniorschooldistrict: Manhattan Unified
  • highschooldistrict: Manhattan Unified
  • cooling: None
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 4
  • parkingtotal: 9
  • view: Bluff, Ocean, Panorama, Water
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Sidewalks, Rectangular Lot
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Strand Hill Properties", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"manonthestrand@gmail.com", "ListBrokerageCity":"Manhattan Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@strandhill.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MRMLSCA/6c5ef131131211e7932e0242ac110009/20210305213353052.png", "ListBrokerageName":"Strand Hill Properties", "ListBrokeragePhone":"(310) 545-0707", "ListBrokeragePostalCode":"90266", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1131 Morningside Drive, 2nd Floor", "ListBrokerageWebsiteUrl":"http://www.strandhill.com/", "ListOfficeAddress1":"1131 Morningside", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"SADAMKEN", "ListOfficeCity":"Manhattan Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"Ken@strandhill.com", "ListOfficePostalCode":"90266", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family Residence - Hermosa Beach, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2124-Hermosa-Ave_Hermosa-Beach_CA_90254_M26111-27272?f=listhub&s=MRMLSCA&m=SB25013040&c=rexren", "MLSModificationTimestamp":"2025-02-04T16:49:12Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Single Family Residence", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/5/2025 3:12:07 AM GMT
Source Updated Date: 2/21/2025 6:51:39 AM GMT

Courtesy of: Shawn Dugan, Strand Hill Properties, manonthestrand@gmail.com

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.