Hermosa Bch Sand (148) Homes with Marina View

Hermosa Bch Sand (148) Homes with Marina View

Welcome to Hermosa Beach, California, a stunning coastal gem nestled in the heart of Los Angeles County. Known for its sun-kissed shores, vibrant community, and laid-back atmosphere, Hermosa Beach offers a unique blend of beachside living and urban convenience. With its picturesque sandy beaches stretching for miles and a lively pier area, this charming city is perfect for those seeking a relaxed yet active lifestyle.

One of the highlights of Hermosa Beach is its breathtaking marina views. Imagine waking up to the soothing sound of waves and panoramic vistas of the sparkling Pacific Ocean right from your home. Properties with marina views are highly sought after, providing not only a serene backdrop but also an opportunity to enjoy the vibrant marine life and stunning sunsets that this coastal paradise has to offer. Whether you’re sipping your morning coffee on your balcony or hosting a sunset gathering with friends, the views are sure to enchant.

In addition to the stunning scenery, Hermosa Beach boasts a variety of dining, shopping, and recreational options. The bustling Hermosa Avenue is lined with trendy cafes, boutique shops, and lively bars, making it the perfect spot for socializing or unwinding after a day at the beach. For outdoor enthusiasts, the city is home to numerous parks, walking trails, and water sports, ensuring that there's always something to do.

Discover your dream home in Hermosa Beach, where the marina views and coastal charm create an unparalleled living experience. Embrace the beach lifestyle in this idyllic community, and make every day feel like a vacation.

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 3.27% capitalization rate and a 20.05 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.