Hermosa Bch Sand (148) Homes with Multi Level Stories

Welcome to Hermosa Beach Sand, a stunning coastal gem nestled in the heart of Los Angeles County, California. Known for its picturesque views and vibrant beach culture, Hermosa Beach offers a unique blend of relaxation and excitement, making it one of the most sought-after destinations in Southern California. With its pristine sandy shores, charming boardwalk, and a plethora of outdoor activities, this idyllic beach town is perfect for those looking to embrace the California lifestyle.

One of the standout features of Hermosa Beach is its diverse range of homes, particularly those with multi-level stories that offer breathtaking ocean views and ample living space. These stunning residences are designed to maximize the coastal experience, allowing homeowners to enjoy the gentle sea breeze and the sound of crashing waves from the comfort of their own homes. Multi-level homes in Hermosa Beach not only provide a unique architectural appeal but also create a sense of spaciousness and privacy, making them ideal for families or those who love to entertain.

Imagine waking up to panoramic views of the Pacific Ocean, or hosting friends and family on your expansive deck as the sun sets over the horizon. In Hermosa Beach, this dream can become a reality. The community is not only rich in natural beauty but also boasts a vibrant local scene with trendy shops, delectable dining options, and exciting nightlife. Whether you’re looking for a serene beach retreat or an active coastal lifestyle, Hermosa Beach Sand is the perfect place to call home. Discover the charm and allure of this coastal paradise today!

Newest Hermosa Bch Sand (148) 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.