Skip to content
For SaleLuxury

$8,995,000

4,931 sqft$1,824/sqft306 days on market

1702 Hermosa Avenue

Hermosa Beach, CA 90254

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

4,931

Square feet

1953

Built

Listing narrative

Description

***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 “to the studs” fully remodeled property spanning ±5,520 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. • 6 Two Bedroom & 4 One Bedroom Units • 7 Garages totaling 9 parking spaces • Complete Rehab & Renovation of Exterior & Interior • New: Roof, Plumbing, Sub-Panels, Water Heaters, Kitchens, Bathrooms, Appliances Wiring, Windows & More • Current Monthly Income of $33k per Month • Ocean views and minutes to sand, surf, and Pier Avenue’s renowned dining and retail

Listing agent (MLS): Jonathan Mitchell · Listing brokerage (MLS): Kidder Mathews of California, Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$8,995,000

Beds

Beds n/a

Type

Condo

Home Size

4,931 sqft

Baths

Baths n/a

Lot Size

0.11 acres

Year

1953

Status

For Sale

Days on Market

306

$ / Sqft

$1,824

· 8% down, 7% APR, 30yr fixed
Loading map…

Courtesy of Kidder Mathews of California, Inc