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706 11th Street, Hermosa Beach
$1,999,000
3 Beds ⋅ 3 Baths ⋅ 26999231 MLS ⋅ Active Status
Enjoy ocean views from your private rooftop deck at this beautifully remodeled Hermosa Beach townhome, where elevated designer finishes and thoughtful upgrades meet effortless coastal living. Featuring a stunning chef's kitchen, renovated bathrooms, white oak engineered hardwood flooring, and parking for three vehicles, this inviting residence offers an exceptional combination of style, comfort, and location. The thoughtfully updated interior showcases white oak engineered hardwood floors, contemporary finishes, and an inviting layout designed for everyday living and entertaining. At the heart of the home, the remodeled kitchen features Omega cabinetry, elegant Calacatta Gold porcelain countertops, a premium refrigerator, and a striking Fulgor Milano Sofia induction range with integrated griddle. A built-in wine refrigerator, pot filler, and designer island lighting complete the beautifully appointed space. The spacious primary suite offers a relaxing retreat with generous closet space and a beautifully renovated bathroom featuring a freestanding soaking tub, double vanity, contemporary tile work, and glass-enclosed shower. The additional guest bathroom has also been thoughtfully remodeled with stylish finishes, while an updated powder room on the top floor adds convenience and character. Comfort and functionality are enhanced by an efficient hybrid heating and cooling system with individual mini-split units in the bedrooms, providing flexible climate control throughout the home. Upgraded Cat6 wiring supports high-speed wired internet connectivity throughout the residence, ideal for modern living and working from home. Additional highlights include updated lighting, generous storage, and a direct-access two-car garage with an additional exterior parking space. Above it all, the private rooftop deck captures beautiful ocean views and offers an inviting setting for sunset gatherings, outdoor dining, or simply enjoying the coastal breeze. Ideally situated in the heart of Hermosa Beach, the home offers convenient access to the beach, neighborhood restaurants, shopping, and the vibrant South Bay lifestyle.

706 11th Street, Hermosa Beach
no property photo
$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

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.