Hermosa Bch Sand (148) Homes with Marina View

Hermosa Bch Sand (148) Homes with Marina View

Welcome to Hermosa Beach, California, where the golden sands meet the sparkling Pacific Ocean, creating a coastal paradise that is simply irresistible. Nestled in the heart of Los Angeles County, Hermosa Beach is renowned for its vibrant beach culture, stunning ocean views, and a laid-back lifestyle that invites you to unwind and enjoy life to the fullest.

One of the most enchanting features of Hermosa Beach is its breathtaking marina views. Imagine waking up each morning to the gentle sound of waves lapping against the shore, with the sun rising over the marina, casting a warm glow on your home. Properties in this area are more than just houses; they are a gateway to a lifestyle filled with outdoor adventures, from surfing and paddleboarding to beach volleyball and leisurely strolls along the iconic Hermosa Beach Pier.

The homes here are beautifully designed, often featuring spacious balconies and expansive windows that frame the picturesque marina views. Whether you are looking for a cozy beach cottage or a modern luxury home, Hermosa Beach offers a diverse range of real estate options to suit every taste and lifestyle.

In addition to the stunning scenery, the community boasts an array of charming shops, delectable dining options, and vibrant nightlife, making it a perfect blend of relaxation and excitement. With its friendly atmosphere and rich coastal heritage, Hermosa Beach is not just a place to live; it’s a place to thrive. Embrace the coastal lifestyle and discover your dream home with a marina view in this idyllic beach community!

Newest Hermosa Bch Sand (148) Homes with Marina View

$3,500,000
8 Beds 6 Baths 26867229 MLS Active Status
We are pleased to present the exclusive offering of 114 Hermosa Ave, a premier coastal apartment investment located just steps from the beach in the highly sought-after Hermosa Beach submarket. This exceptional asset represents a rare opportunity to acquire a 4-unit apartment community in one of Southern California's most supply-constrained and desirable rental markets. Originally constructed in 1971, the property consists of approximately 4,002 rentable square feet situated on a 2,900 square foot lot. Residents enjoy stunning ocean views from the property, further enhancing its desirability and long-term rental appeal. Ideally situated within walking distance of the Hermosa Beach Pier, The Strand, award-winning restaurants, boutique retail, and major employment centers throughout the South Bay, the property offers an unmatched coastal lifestyle. Additional amenities include private balconies for every unit, eight covered parking spaces, private storage units for each resident, a community laundry facility conveniently located within the carport, and a shared rooftop deck offering panoramic ocean and coastline views. The property is currently operating at a 3.28% capitalization rate and a 20.01 GRM, presenting investors with meaningful upside through interior unit renovations and strategic upgrades that can drive rental growth and enhance overall property performance. Based on market rents, the asset offers the potential to achieve an estimated 4.25% market capitalization rate and 16.67 GRM, providing a compelling value-add opportunity while benefiting from the long-term stability of the Hermosa Beach rental market. With exceptionally high barriers to entry, limited new multifamily development, and consistently strong tenant demand, 114 Hermosa Ave offers investors the opportunity to acquire a trophy coastal asset with durable cash flow, significant income growth potential, and long-term appreciation in one of Los Angeles County's most coveted beachfront communities. The property's premier coastal location, breathtaking ocean views, exceptional resident amenities, and value-add potential position it as a truly outstanding investment opportunity in one of Southern California's most prestigious beach communities.

114 Hermosa Avenue, Hermosa Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.