Properties

Hermosa Beach, CA 90254 1702 Hermosa Avenue

1702 Hermosa Avenue Hermosa Beach, CA - Image 11702 Hermosa Avenue Hermosa Beach, CA - Image 21702 Hermosa Avenue Hermosa Beach, CA - Image 3
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Presented By: Jonathan Mitchell with Kidder Mathews of California, Inc; 949-557-5000
  • MLS# OC26003055
  • 01/02/2026
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  • Baths • 1
  • SQFT • 5,520
  • Garage • 9

Home Details

***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 โ€œto the studsโ€ fully remodeled property spanning ยฑ5,520 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. โ€ข 6 Two Bedroom & 4 One Bedroom Units โ€ข 7 Garages totaling 9 parking spaces โ€ข Complete Rehab & Renovation of Exterior & Interior โ€ข New: Roof, Plumbing, Sub-Panels, Water Heaters, Kitchens, Bathrooms, Appliances Wiring, Windows & More โ€ข Current Monthly Income of $33k per Month โ€ข Ocean views and minutes to sand, surf, and Pier Avenueโ€™s renowned dining and retail
Presented By: Jonathan Mitchell with Kidder Mathews of California, Inc; 949-557-5000

Interior Features for 1702 Hermosa Avenue

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories3

Other Rooms

Entry Level1

General for 1702 Hermosa Avenue

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate2.61
CityHermosa Beach
Community FeaturesBiking, Curbs, Dog Park, Fishing, Golf, Storm Drain(s), Street Lights, Sidewalks
CountyLos Angeles
DirectionsWest of PCH & North of Pier Ave
Electric Expense3354
Entry LocationStreet & Alley
Garage Spaces9
Garage Y/NYes
Gross Income1736
HOANo
HOA Fee$
Insurance Expense6578
Land Lease Y/NNo
LevelsThree Or More
Listing TermsCash, Cash to New Loan
Lot Size Square Feet4931
Lot Size UnitsSquare Feet
MLS Area148 - Hermosa Bch Sand
MaintenanceExpense5688
Net Operating Income234686
New ConstructionNo
Number Of Units Total10
Number of Units Leased10
Open Parking Spaces0
Operating Expense147409
Pool FeaturesNone
PostalCityHERMOSA BEACH
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot6
Taxes$97,989
Tenant PaysCable TV, Electricity, Gas
Total Actual Rent32572
Trash Expense4859
Water Sewer Expense4640
Year Built1953
Year Built SourcePublic Records

Exterior for 1702 Hermosa Avenue

Building Area Total5520
Lot Features6-10 Units/Acre
Lot Size Acres0.1132
Lot Size Area4931
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters0
Parking FeaturesAssigned
Private PoolNo
Total Parking9
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $8,995,000
MLS#OC26003055
List Date 01/02/2026
Property Type Multi-Family
Phone 888.795.6274
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