Hermosa Bch Sand (148) Homes with City Lights View

Hermosa Bch Sand (148) Homes with City Lights View

Welcome to Hermosa Beach, California – a sun-kissed gem nestled along the breathtaking coastline of Los Angeles County. Known for its vibrant beach culture, stunning ocean views, and a laid-back lifestyle, Hermosa Beach offers a unique blend of relaxation and excitement. The region is renowned for its golden sands, inviting waves, and a charming downtown area filled with boutique shops, delightful eateries, and lively entertainment options.

One of the most captivating features of Hermosa Beach is its spectacular city lights views. Imagine unwinding in your own home, where the enchanting glow of the Los Angeles skyline twinkles in the distance as the sun sets over the Pacific Ocean. Homes here are designed to take full advantage of these breathtaking vistas, with spacious balconies and expansive windows that frame the picturesque scenery. Whether you're enjoying a quiet evening or hosting a gathering with friends, the city lights serve as a stunning backdrop, enhancing the allure of your living space.

In addition to the mesmerizing views, Hermosa Beach offers a plethora of outdoor activities. From surfing and paddleboarding to beach volleyball and biking along the scenic Strand, there’s no shortage of ways to enjoy the coastal lifestyle. The community is also known for its friendly atmosphere, making it easy to connect with neighbors and partake in local events.

If you're searching for a home that combines coastal charm with the allure of city lights, Hermosa Beach is the perfect destination to call home. Embrace the enchanting lifestyle that awaits you in this beautiful coastal community!

Newest Hermosa Bch Sand (148) Homes with City Lights View

$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.