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 ocean views, vibrant beach culture, and laid-back lifestyle, Hermosa Beach Sand (148) offers an idyllic setting for those looking to embrace the Southern California dream.

Imagine waking up each morning to the gentle sound of waves crashing against the shore, with the sun casting a golden glow over the Pacific Ocean. Homes in this enchanting region not only provide a slice of paradise but often come with breathtaking harbor views, making every sunset a picturesque masterpiece. Whether you’re sipping your morning coffee on your balcony or hosting a sunset barbecue with friends, the panoramic vistas of the harbor will leave you in awe.

Hermosa Beach is renowned for its pristine sandy beaches, perfect for sunbathing, beach volleyball, and leisurely strolls along the iconic Hermosa Beach Pier. The vibrant local community thrives on a mix of charming boutiques, trendy cafes, and lively nightlife, ensuring there’s always something to explore. Outdoor enthusiasts will appreciate the miles of scenic bike paths and walking trails that line the coast, providing ample opportunities for adventure.

As you consider your next home, imagine a place where ocean breezes and stunning views become part of your everyday life. Hermosa Beach Sand (148) is not just a location; it’s a lifestyle that celebrates the beauty of coastal living. Discover your perfect home with harbor views and immerse yourself in the enchanting charm of Hermosa Beach. Your dream home awaits!

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.