Hermosa Bch Sand (148) Homes with Harbor View

Welcome to Hermosa Beach, California, a coastal gem nestled in the heart of Los Angeles County. Known for its stunning sandy shores and vibrant beach culture, Hermosa Beach offers a lifestyle that combines relaxation with adventure. With its picturesque beachfront promenade, charming boutiques, and a plethora of dining options, this city is a haven for both locals and visitors alike.

One of the most alluring features of Hermosa Beach is its breathtaking homes with harbor views. Imagine waking up each day to the gentle sound of waves crashing and the sight of sailboats gliding across the horizon. These properties not only provide a serene retreat but also an incredible vantage point to enjoy the stunning sunsets that paint the sky in hues of orange and pink.

The real estate market in Hermosa Beach is as diverse as its residents. From charming beach cottages to luxurious oceanfront estates, there's a home for every taste and lifestyle. Many of these residences boast expansive windows and outdoor spaces designed to maximize the spectacular harbor views. Whether you're looking for a year-round home or a vacation getaway, Hermosa Beach offers an unparalleled coastal experience.

In addition to its natural beauty, Hermosa Beach is known for its friendly community and active lifestyle. With miles of bike paths, volleyball courts, and surf spots, there's always something to do. The annual events and festivals bring everyone together, making it easy to forge lasting connections.

Discover the allure of Hermosa Beach, where harbor views and a vibrant community await you. It's not just a place to live; it's a lifestyle waiting to be embraced.

Newest Hermosa Bch Sand (148) Homes with Harbor 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

Start Your Search

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.