Hermosa Bch Sand (148) Homes with Multi Level Stories

Welcome to Hermosa Beach, California—where sun-kissed sands meet the vibrant pulse of coastal living. Nestled in the heart of Los Angeles County, this charming beach town is renowned for its stunning ocean views, lively atmosphere, and a welcoming community that embraces the quintessential Southern California lifestyle. With its golden beaches and picturesque piers, Hermosa Beach offers a perfect blend of relaxation and recreation.

One of the standout features of this coastal gem is its diverse real estate offerings, particularly the captivating multi-level story homes that grace its scenic streets. These residences not only provide ample living space but also offer breathtaking views of the Pacific Ocean, making every sunset a spectacular sight from the comfort of your own home. Imagine sipping your morning coffee on a private balcony, soaking in the salty breeze and the sound of waves crashing against the shore.

The multi-level homes in Hermosa Beach are designed to maximize both functionality and aesthetic appeal. With open floor plans and expansive windows, these properties invite natural light and coastal charm into every room. Whether you’re entertaining guests or enjoying a quiet evening with family, the spacious layouts provide the perfect backdrop for your beachside lifestyle.

Beyond the homes, Hermosa Beach boasts a vibrant community filled with trendy shops, delightful restaurants, and an array of outdoor activities. From surfing to biking along the Strand, there’s no shortage of ways to enjoy the beautiful California weather.

Discover your dream home in Hermosa Beach, where coastal elegance meets modern living. Embrace a lifestyle that celebrates both relaxation and adventure in this idyllic beach town!

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.