Hermosa Beach East Real Estate

Hermosa Beach East Real Estate

Welcome to Hermosa Beach East, a hidden gem nestled in the heart of California’s picturesque coastline. This charming area, part of the vibrant city of Hermosa Beach in Los Angeles County, offers a delightful blend of sun, surf, and community spirit. With its stunning sandy beaches and breathtaking ocean views, Hermosa Beach East is not just a destination; it’s a lifestyle.

Imagine waking up to the sound of waves crashing and the gentle ocean breeze wafting through your window. The region boasts a laid-back atmosphere, perfect for those seeking a tranquil retreat while still being close to the action. Residents and visitors alike enjoy an array of outdoor activities, from beach volleyball and surfing to biking along the scenic Strand, a picturesque boardwalk that stretches along the coastline.

Hermosa Beach East is also known for its vibrant community events and local culture. The annual Hermosa Beach Summer Concerts and the bustling Farmers' Market are just a few highlights that showcase the area’s commitment to community engagement and local artisans.

Dining options abound, with trendy cafes and oceanfront restaurants serving up everything from fresh seafood to artisanal coffee. Whether you’re enjoying a sunset dinner or a casual brunch, the culinary scene here is sure to delight.

In addition to its natural beauty and community spirit, Hermosa Beach East is conveniently located near major Los Angeles attractions, making it an ideal spot for those who want to enjoy the best of both worlds. Experience the charm and allure of Hermosa Beach East, where coastal living meets a vibrant community. Your dream home awaits in this idyllic paradise!

Newest Listings in Hermosa Beach East

$2,175,000
6 Beds 5 Baths ACTIVE Status
PRICE REDUCED BY $620,000! Current Income Justifies the Purchase Price - Future Development Potential Comes at a Significant Discount. This is an exceptional opportunity to acquire one of the most compelling value-add and development opportunities in Hermosa Beach. The property is now offered at an attractive $679 per square foot for the existing four income-producing units and just $282 per square foot of land, representing a land basis well below current market levels. Unlike many development opportunities where buyers pay a premium for future potential, this offering makes financial sense as a stand-alone income property while providing substantial upside through future redevelopment. Investors can acquire a stabilized four-unit asset at pricing supported by today's cash flow, while effectively securing a premier Hermosa Beach development site at a significant discount to replacement and land value. According to the City, the property may accommodate the future construction of two new single-family residences with an ADU behind each home (buyer to independently verify all development potential with the City of Hermosa Beach). This creates a rare opportunity to generate rental income while preserving the flexibility to develop immediately or capitalize on future appreciation. Whether an investor is seeking stable in-place income, a long-term land hold, or an immediate development project, the property offers multiple strategies to maximize returns. Adding to its appeal, the seller may consider seller financing, creating additional flexibility for qualified buyers. Opportunities to acquire premium Hermosa Beach land with existing income, below-market land pricing, and meaningful development upside are increasingly rare. This is a unique chance to purchase an asset that works both as a cash- flow investment today and as a deeply discounted future development opportunity.

1226 Corona St, Hermosa Beach

Courtesy of Marcus & Millichap, Jonathan Weir - CA DRE#02038545

$2,175,000
6 Beds 5 Baths ACTIVE Status
PRICE REDUCED BY $620,000! Current Income Justifies the Purchase Price - Future Development Potential Comes at a Significant Discount. This is an exceptional opportunity to acquire one of the most compelling value-add and development opportunities in Hermosa Beach. The property is now offered at an attractive $679 per square foot for the existing four income-producing units and just $282 per square foot of land, representing a land basis well below current market levels. Unlike many development opportunities where buyers pay a premium for future potential, this offering makes financial sense as a stand-alone income property while providing substantial upside through future redevelopment. Investors can acquire a stabilized four-unit asset at pricing supported by today's cash flow, while effectively securing a premier Hermosa Beach development site at a significant discount to replacement and land value. According to the City, the property may accommodate the future construction of two new single-family residences with an ADU behind each home (buyer to independently verify all development potential with the City of Hermosa Beach). This creates a rare opportunity to generate rental income while preserving the flexibility to develop immediately or capitalize on future appreciation. Whether an investor is seeking stable in-place income, a long-term land hold, or an immediate development project, the property offers multiple strategies to maximize returns. Adding to its appeal, the seller may consider seller financing, creating additional flexibility for qualified buyers. Opportunities to acquire premium Hermosa Beach land with existing income, below-market land pricing, and meaningful development upside are increasingly rare. This is a unique chance to purchase an asset that works both as a cash- flow investment today and as a deeply discounted future development opportunity.

1224 Corona St, Hermosa Beach

Courtesy of Marcus & Millichap, Jonathan Weir - CA DRE#02038545

Start Your Search

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).