1702 Hermosa Avenue, Hermosa Beach, CA — listing photo 1
1 / 10
FOR SALE

1702 Hermosa Avenue

Hermosa Beach, CA 90254
4,931 Lot Sq Ft
Built 1953
$8,995,000
Price ReducedWas $9,995,000 — $8,995,000 (-$1,000,000)

Property Overview

***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

Loading price history

Home Details

Property type
Residential Income - Apartment
Year built
1953
Lot size
4,931 sq ft
Parking
9 spaces
Garage
9 spaces
Stories
3
Days on market
205
MLS status
Active

Features & Amenities

Parking

  • Assigned

Pool

  • None

Lot

  • Six To Ten Units Acre

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer
Browse more homes for sale in Hermosa Beach

Location & Neighborhood

1702 Hermosa Avenue

Hermosa Beach, CA 90254

Frequently Asked Questions About 1702 Hermosa Avenue

Property type: Residential Income

The current asking price is $8,995,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1702 Hermosa Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1953. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Hermosa Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Hermosa Beach property.
The MLS currently reports the property as Active. It has been listed for 205 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Listing Agent

Name: Jonathan Mitchell
MLS ID: SMITCJON

Available property

$8,995,000

CRMLS Logo

Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.