Golf Course
Address
1702 Hermosa Avenue, Hermosa Beach, CA
Price
$ 8,995,000
Property Attributes
- ID#OC26003055
- TypeSingle Family
- Listing Status Active
- CountyLos Angeles
- CityHermosa Beach
- Area Hermosa Bch Sand
- Zip90254
- Style
- Year Built1953
- Price$ 8,995,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage5520
- Lot Size0.1132 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
***Price Reduced $1,000,000***1702 Hermosa Avenue is an exceptional ocean view 10-unit property located in highly sought-after Hermosa Beach. It is rare to encounter an opportunity to acquire a “to the studs” fully remodeled property spanning ±5,520 rentable square feet that includes fourteen bedrooms and ten bathrooms with ocean Views, under $10M on this prime stretch of Hermosa Avenue. Fully renovated from top to bottom, this property highlights meticulous diligence, including all visible elements, plumbing, electrical, landscaping, hardscaping, modern architecture, and more. Perched on an elevated parcel with sweeping ocean views, breezes, this gem provides easy walkable access to Pier Avenue with its vibrant restaurants, shops, bars, and cafes. 1702 Hermosa Ave defines Southern California coastal living and investing at its finest. Its desirable breathtaking ocean views from six of the ten units provide the epitome of the Southern California beach lifestyle. A high walking score of 95 from WalkScore.com, this remarkable income property offers excellent investment potential. 1702 Hermosa Avenue is a one-of-a-kind property that rarely appears in the market in its location. Its versatility, stunning views, and unmatched location make it an irresistible opportunity for discerning buyers, investors, or those seeking a turnkey and fully renovated asset with ocean views. Rare Oceanview Income Property on Hermosa Avenue. • 6 Two Bedroom & 4 One Bedroom Units • 7 Garages totaling 9 parking spaces • Complete Rehab & Renovation of Exterior & Interior • New: Roof, Plumbing, Sub-Panels, Water Heaters, Kitchens, Bathrooms, Appliances Wiring, Windows & More • Current Monthly Income of $33k per Month • Ocean views and minutes to sand, surf, and Pier Avenue’s renowned dining and retail
| Price History | |
|---|---|
| 2/17/2026 | Listed $8,995,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Garage Spaces | 9 |
| Pool Features | None |
| Year Built | 1953 |
| Tenant Pays | CableTv,Electricity,Gas |
| Levels | ThreeOrMore |
| Property Subtype | Apartment |
| Gross Income | 1736 |
| Community Features | Biking,Curbs,DogPark,Fishing,Golf,StormDrains,StreetLights,Sidewalks |
| County | Los Angeles |
| Net Operating Income | 234452 |
| Operating Expense | 141214 |
| Insurance Expense | 6568 |
| New Construction | false |
| Property Type | ResidentialIncome |
| HOA | false |
| MaintenanceExpense | 9925 |
| Garage Y/N | true |
| Special Listing Conditions | Standard |
| Status | Active |
| Directions | West of PCH & North of Pier Ave |
| City | Hermosa Beach |
| Entry Location | Street & Alley |
| Senior Community Y/N | false |
| Number Of Units Total | 10 |
| MLS Area | 148 - Hermosa Bch Sand |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 4931 |
| Number of Units Leased | 10 |
| Listing Terms | Cash,CashToNewLoan |
| Property Attached Y/N | true |
| Land Lease Y/N | false |
| Electric Expense | 3354 |
| Trash Expense | 4859 |
| Water Sewer Expense | 4641 |
| Additional Parcels Y/N | false |
| Rent Control Y/N | true |
| Building Area Units | SquareFeet |
| Standard Status | Active |
| Year Built Source | PublicRecords |
| Tax Lot | 6 |
| Total Actual Rent | 32572 |
| Property Sub Type Additional | Apartment |
| Taxes | 89989 |
| Cap Rate | 2.71 |
| PostalCity | HERMOSA BEACH |
Interior Features
| Total Stories | 3 |
|---|---|
| Common Walls | TwoCommonWallsOrMore |
| Laundry Features | CommonArea |
| Entry Level | 1 |
Exterior Features
| Parking Features | Assigned |
|---|---|
| Lot Features | SixToTenUnitsAcre |
| Water Source | Public |
| Total Parking | 9 |
| Lot Size Area | 4931 |
| Number of Buildings | 1 |
| Building Area Total | 5520 |
| Lot Size Acres | 0.1132 |
| Private Pool | false |
| Lot Size Source | Assessor |
| Number of Separate Gas Meters | 10 |
| Number of Separate Electric Meters | 10 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 90254
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 23, 2026 9:40 PM UTC 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.
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