Hermosa Beach Homes with Multi Level Stories

Welcome to Hermosa Beach, California – a coastal gem nestled in the heart of Los Angeles County. Known for its stunning beaches, vibrant community, and an active lifestyle, Hermosa Beach offers an unparalleled blend of relaxation and excitement. With its picturesque oceanfront views, charming boutiques, and a plethora of dining options, this idyllic city is perfect for those seeking a coastal haven with a lively atmosphere.

One of the most captivating features of Hermosa Beach is its diverse real estate market, particularly the stunning multi-level story homes that grace the coastline. These architectural masterpieces not only provide breathtaking views of the Pacific Ocean but also offer ample space for families and entertaining guests. Imagine waking up to the sound of waves crashing against the shore, enjoying your morning coffee from a sunlit balcony, and hosting unforgettable gatherings in your spacious living areas.

Multi-level homes in Hermosa Beach often come equipped with modern amenities, luxurious finishes, and open-concept designs that maximize both comfort and style. Many of these residences feature large windows that invite natural light and provide panoramic views of the ocean and the vibrant beach community. Whether you prefer a contemporary style or a classic beach cottage feel, you're sure to find the perfect multi-level home that suits your lifestyle.

Living in Hermosa Beach means embracing an active lifestyle with access to world-class surfing, beach volleyball, and scenic bike paths. With its charming community spirit and an array of recreational activities, Hermosa Beach is not just a place to live—it's a way of life. Come discover your dream multi-level home in this coastal paradise!

Newest Hermosa Beach Homes with Multi Level Stories

$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

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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.