Hermosa Bch Sand (148) Homes with Harbor View

Welcome to Hermosa Beach, California, a picturesque coastal gem nestled in Los Angeles County. Known for its stunning sandy shores and vibrant beach culture, Hermosa Beach offers a unique blend of relaxation and excitement, making it an ideal location for both families and beach enthusiasts. With its charming downtown area filled with boutique shops, delicious eateries, and lively bars, this community is the perfect place to enjoy a laid-back lifestyle while being close to the bustling energy of Los Angeles.

One of the standout features of Hermosa Beach is its breathtaking harbor views. Homes in this area with harbor views provide the perfect backdrop for serene sunsets and the gentle sound of ocean waves. Imagine waking up each morning to panoramic vistas of the sparkling Pacific Ocean, where the sun glistens on the water and the salty breeze fills your home. These properties not only offer stunning views but also the opportunity to immerse yourself in a vibrant coastal lifestyle, complete with beach volleyball, surfing, and evening strolls along the iconic Strand.

Hermosa Beach is also known for its strong sense of community, with numerous events and festivals throughout the year that foster connections among residents. Whether you're looking for a cozy beach bungalow or a luxurious oceanfront estate, the real estate options in Hermosa Beach cater to a variety of tastes and lifestyles. Here, you can find your dream home with harbor views, where every day feels like a vacation. Embrace the coastal lifestyle and make Hermosa Beach your home today!

Newest Hermosa Bch Sand (148) Homes with Harbor 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

Start Your Search

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.