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2124 Hermosa Avenue

Hermosa Beach, 90254

10 Bd
8 Ba
5,765 Sqft
4,025 Lot
$6,000,000 Current Price
Pending Status
11 Days on Market
Jan 20 First Day Active
$6,000,000 Start Price

Description

Introducing a rare opportunity to own a legacy six-unit income property in the heart of North Hermosa Beach, one of Southern California's most coveted coastal neighborhoods. The location is hard to beat: just three doors from The Strand and steps from iconic local favorites like Martha’s, The Bottle Inn, and The Green Store, with both the Manhattan Beach and Hermosa Beach Piers within easy reach. Offering an unbeatable combination of premier location, breathtaking ocean views, and exceptional investment potential, this irreplaceable property is a standout in every way.

With a favorable unit mix of (2) 3-bedroom, 2-bath units and (4) 1-bedroom, 1-bath units, this substantial 5,765 sq. ft. building sits on an oversized 4,025 sq. ft. lot spanning from Hermosa Avenue to a high point on Palm Drive. The lower four units are all 1-bedrooms, while the upper two 3-bedroom units crown the property, offering awe-inspiring, panoramic views of the Santa Monica Bay from Malibu to Palos Verdes and Catalina Island. Perched on the first rise of the hill from the sand, this building towers over its neighbors, standing as an irreplaceable legal nonconforming structure with unmatched ocean, sand, and whitewater views.

An appx. 1,200 sq.ft. ocean view community deck and 9-car garage parking are standout features, while private storage and an on-site laundry room add convenience for tenants. Located in a high-demand rental market, the property offers substantial upside for investors, with pro forma net income of $295,072 (4.9% cap rate). A 4,400 sq.ft. home on Hermosa Avenue recently sold for $11M, further underscoring the high demand for this location and the uniqueness of this opportunity. Reach out now to submit your offer on this Hermosa Beach multifamily gem.

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Property Details for 2124 Hermosa Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Shawn Dugan
Listing Brokered By
Strand Hill Properties
Type
Residential, Single Family Residence
Year Built
1972 (PublicRecords)
MLS Area
148 - Hermosa Bch Sand

Price and MLS Information

Status
Pending | Listing History
MLS Days on Mkt.
11 DOM
Combined DOM*
11
First Date Active
January 20th, 2025
Current Price
$6,000,000
Current PPSF
$1,041
Orig. List Price
$6,000,000
MLS® #
SB25013040
APN
4182009003
Special
Standard

Home Interior Information

Levels/Stories
Multi/Split
Bedrooms
10
Total Baths
8
Full Baths
8
Int. Sqft.
5,765
Cooling
None
Int. Features
Primary Suite
Fireplaces
Gas

Room Information

Room Type
Primary Suite
Laundry
LaundryRoom

Exterior Information

Lot Description
Rectangular Lot
Lot Size (sq. ft.)
4,025
Lot Size (acres)
0.09
Pool
None
Parking Spaces
9
Garage Spaces
9

View, Style & Tour Information

View
Coastline, Ocean, Bluff, Catalina, Panoramic, Pier, Water
Virtual Tour 1
https://2124HermosaAve.com/

Utilities Information

Water Source
Public

Additional Information

Zoning
HBR3YY

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
148 - Hermosa Bch Sand
City/State
Hermosa Beach
Zip Code
90254
County
Los Angeles
# of Units
6
# of Units in Community
6
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School Information

District
Manhattan Unified
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Listing/Price History

2124 Hermosa Avenue, Hermosa Beach, (MLS® #SB25013040)

Date Details Price Change
Pending (from Active)
First Day Active $6,000,000
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Listing Summary

Quick Summary of 2124 Hermosa Avenue: This 10 Bedroom/8 Bathroom home in Hermosa Beach is priced at $6,000,000 ($1,041/PSF) . The 5,765 sqft. Single Family Residence residence was originally built in 1972 and was listed on January 20th, 2025 at $6,000,000, showing 11 Days on Market currently. Contact Dave Fratello today for more information or to go see 2124 Hermosa Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of February 10th, 2025 at 8:52pm PST. 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.