Sold

Virtual Tour

$5,700,000

5 months ago

1434 Hermosa Ave, Hermosa Beach, CA

0 Bed

0 Bath

6 Parking

MLS® OC25232552

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Residential Income

Size -

Garage Yes

HOA Fees

Taxes

Approx. Age 1972

MLS® Number OC25232552

Property Address: 1434 Hermosa Ave, Hermosa Beach, CA, 90254-5017

Average square foot calculated using Size range provided by listing agent.

Description

This is your opportunity to own a 6 unit trophy income property with a great unit mix, ocean views, and an unbeatable location in the heart of Hermosa Beach, steps to the pier and Pier Plaza, The Strand, and all of the shops and restaurants downtown Hermosa Beach has to offer! This primely located 6 unit building has an extremely favorable unit mix consisting of one 3 Bedroom/2 bathroom unit, one 2 bedroom/2 bathroom unit, two 2 bedroom/1 bathroom units, and two 1 bedroom/1 bathroom units. All units are in good condition, and come with great balconies where tenants can enjoy outdoor living, picture perfect ocean views, people watching, and the great beachside weather. In addition, there is a huge rooftop, complete with stair access, that comes with amazing unobstructed panoramic ocean views, which could perhaps be utilized as a great common area outdoor space for the tenants. (check with the City) There are also four 1-car garages, and one two-car garage on the property, and all of them are fully enclosed with automatic roll up doors making them perfect for parking or storage. The 4, 949 square foot building sits on a large 4, 018 square foot lot that is 40' x 100', and runs from Hermosa Avenue all the way to Palm Drive. With its unbeatable location, and great features, this building's apartments are always in very high demand, and rent at a premium. This building is great as it is, but it has a tremendous amount of upside in both rent increases in its current state, as well as with building improvements/value add projects. You can really maximize this building's cash flow, as well as its equity position and market value. Properties like these don't come around very often, so don't miss out. This is your chance to own a trophy investment property, with a ton of upside, a great unit mix, an unbeatable location, and spectacular ocean views!

MLS® NumberOC25232552

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelInside

Exposure

Exterior

GarageYes

Approx. Age1972

Stories1

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

Nov 6, 2025End Date

$5,400,000Sold Price

Sold

Oct 4, 2025List Date

$5,700,000List Price

Commute

Commute

Starting Address

Destination Address

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