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The perfect investment opportunity for the astute, creative, and entrepreneurial buyer seeking to own exceptional coastal real estate and put their signature on a future high performing asset. Off market for more than 40 years, this rare 12 unit multifamily offering sits just blocks from the sand, The Strand, Hermosa Beach Pier, and the shops, restaurants, and nightlife along Pier Avenue in one of Southern California's most desirable and tightly held rental markets. Built in 1924, the property consists entirely of one bedroom units, several with ocean views, walk in closets, newer windows, and upgraded kitchens. One standout residence features an unusually large bonus family room a unique floor plan with meaningful rental upside. Residents enjoy a paver lined courtyard, outdoor space on both sides of the building, two single car garages, an additional parking space, and on site laundry.The operational advantage here is extraordinary: 10 of the 12 units are currently vacant, allowing a new owner to begin renovation and repositioning immediately no waiting for turnover. Ownership has already completed major behind the walls improvements, including updated plumbing and electrical systems with new main and sub panels, significantly reducing near term capital needs and enabling a buyer to focus on income optimization. A recent landmark court ruling struck down Hermosa Beach's short term rental ban in the coastal zone, and the City has opted not to appeal opening a pathway for registration and taxation of short term rentals citywide. This unlocks multiple strategies: traditional long term lease up, nightly STR operations, or a blended model with diversified income streams. (Buyer to independently verify STR regulations, permitting, and feasibility.) Beach close, largely vacant, capital improved, and full of optionality, 1644 Monterey Boulevard is a once in a generation opportunity to acquire and elevate a trophy coastal asset in one of the South Bay's highest barrier to entry communities.

12 Beds ⋅ 12 Baths ⋅ SOLD Status

The perfect investment opportunity for the astute, creative, and entrepreneurial buyer seeking to own exceptional coastal real estate and put their signature on a future high performing asset. Off market for more than 40 years, this rare 12 unit multifamily offering sits just blocks from the sand, The Strand, Hermosa Beach Pier, and the shops, restaurants, and nightlife along Pier Avenue in one of Southern California's most desirable and tightly held rental markets. Built in 1924, the property consists entirely of one bedroom units, several with ocean views, walk in closets, newer windows, and upgraded kitchens. One standout residence features an unusually large bonus family room a unique floor plan with meaningful rental upside. Residents enjoy a paver lined courtyard, outdoor space on both sides of the building, two single car garages, an additional parking space, and on site laundry.The operational advantage here is extraordinary: 10 of the 12 units are currently vacant, allowing a new owner to begin renovation and repositioning immediately no waiting for turnover. Ownership has already completed major behind the walls improvements, including updated plumbing and electrical systems with new main and sub panels, significantly reducing near term capital needs and enabling a buyer to focus on income optimization. A recent landmark court ruling struck down Hermosa Beach's short term rental ban in the coastal zone, and the City has opted not to appeal opening a pathway for registration and taxation of short term rentals citywide. This unlocks multiple strategies: traditional long term lease up, nightly STR operations, or a blended model with diversified income streams. (Buyer to independently verify STR regulations, permitting, and feasibility.) Beach close, largely vacant, capital improved, and full of optionality, 1644 Monterey Boulevard is a once in a generation opportunity to acquire and elevate a trophy coastal asset in one of the South Bay's highest barrier to entry communities.

1644 Monterey Blvd, Hermosa Beach

Courtesy of Keller Williams Realty, Joshua Cohen - CA DRE#01346713 Selling Office: .

$2,825,000

This mid-century duplex, delivered vacant, is a fantastic opportunity on a great street in Hermosa Beach's desirable Sand Section. R1 zoning and outside the Coastal Zone, this property offers potential for new development, an ADU, owner/user renovation, or long-term investment opportunities. The front unit is a 1-bed, 1-bath with a living and dining area and attached garage with laundry and direct entry. The character-rich back unit is a 2-bed, 1-bath with hardwood floors, high ceilings, and natural light-filled open living space with a brick fireplace. There is also a detached garage with a laundry area. 513 - 515 24th Place offers a flat lot with plenty of off-street parking and close proximity to the Strand, Valley Park, and the Hermosa Pier. Some photos are virtually staged.

3 Beds ⋅ 2 Baths ⋅ SOLD Status

This mid-century duplex, delivered vacant, is a fantastic opportunity on a great street in Hermosa Beach's desirable Sand Section. R1 zoning and outside the Coastal Zone, this property offers potential for new development, an ADU, owner/user renovation, or long-term investment opportunities. The front unit is a 1-bed, 1-bath with a living and dining area and attached garage with laundry and direct entry. The character-rich back unit is a 2-bed, 1-bath with hardwood floors, high ceilings, and natural light-filled open living space with a brick fireplace. There is also a detached garage with a laundry area. 513 - 515 24th Place offers a flat lot with plenty of off-street parking and close proximity to the Strand, Valley Park, and the Hermosa Pier. Some photos are virtually staged.

513 24th Pl, Hermosa Beach

Courtesy of Coldwell Banker Realty, Barry Dantagnan - CA DRE#01020477 Selling Office: .

$1,761,550

Here is your opportunity to own a well-located, spacious home on a quiet cul-de-sac just minutes from the ocean. Priced to sell, this value-add property offers over 2,300 square feet of flexible living space ideal for a variety of lifestyles. The first level features a fully equipped kitchen with stainless steel appliances, a double oven, breakfast bar, and a built-in service counter with washer/dryer and additional storage. A generously sized first-floor bedroom with its own bathroom opens to a private patio, perfect for guests, extended family, or a home office setup. Upstairs, you'll find two more bedrooms with ample closets and a shared hallway bath. A split-level floor plan opens to a sunny loft area, perfect for an office or cozy den, which flows out to an ocean view deck capturing breezes and sunset skies. Additional features include bamboo flooring, large picture windows, plantation shutters, recessed lighting, modern railings, and a custom fireplace in the main living space. The attached two-car garage offers direct access into the home for added convenience. Whether you're looking for a full-time residence, a beach-close retreat, or a canvas to bring your vision to life this is a home with potential, personality, and a prime Hermosa Beach location.

3 Beds ⋅ 2 Baths ⋅ SOLD Status

Here is your opportunity to own a well-located, spacious home on a quiet cul-de-sac just minutes from the ocean. Priced to sell, this value-add property offers over 2,300 square feet of flexible living space ideal for a variety of lifestyles. The first level features a fully equipped kitchen with stainless steel appliances, a double oven, breakfast bar, and a built-in service counter with washer/dryer and additional storage. A generously sized first-floor bedroom with its own bathroom opens to a private patio, perfect for guests, extended family, or a home office setup. Upstairs, you'll find two more bedrooms with ample closets and a shared hallway bath. A split-level floor plan opens to a sunny loft area, perfect for an office or cozy den, which flows out to an ocean view deck capturing breezes and sunset skies. Additional features include bamboo flooring, large picture windows, plantation shutters, recessed lighting, modern railings, and a custom fireplace in the main living space. The attached two-car garage offers direct access into the home for added convenience. Whether you're looking for a full-time residence, a beach-close retreat, or a canvas to bring your vision to life this is a home with potential, personality, and a prime Hermosa Beach location.

1116 7th St, Hermosa Beach

Courtesy of The Beverly Hills Estates, Alec Petitte - CA DRE#02222916 Selling Office: .

$1,700,000

TRIPLEX PROPERTY COMPRISED OF (1) 1-BEDROOM/1-BATHROOM UNIT, (1) STUDIO/1-BATHROOM UNITS & (1) 1-BEDROOM/1-BATHROOM PLUS DECK. Discover this exceptional triplex in the heart of Hermosa Beach, California, perfectly positioned just a few blocks from The Strand and the shimmering Pacific Ocean, embodying the essence of coastal luxury living. As a prime investment opportunity, this versatile asset offers strong potential for owner-occupancy, allowing you to reside in one unit while generating income from the others. With outstanding potential for Accessory Dwelling Units (ADUs), buyers can explore adding extra rentals to significantly boost revenue though verification of feasibility is advised. Benefiting from favorable rent regulations, the property is exempt from Los Angeles City rent control and falls under AB 1482, enabling attractive annual rent increases to maximize returns. Its eligibility for standard residential financing makes it accessible to a broad spectrum of buyers, simplifying acquisition. Currently delivering robust income with a 2.84% cap rate and 21.66 GRM, it promises even greater upside through pro-forma projections of a 3.71% cap rate. The location's exceptional market appeal shines with proximity to King Harbor, Hermosa Beach Pier, Redondo Beach Pier, and vibrant Pier Avenue, providing endless beachside dining, shopping, and recreational options. Inside, enjoy modern amenities like a fully renovated studio unit and Unit C's private deck for enhanced comfort. Practical features include a spacious 2-car garage for secure parking and on-site laundry facilities that generate an additional $200 per month in passive income. This triplex combines immediate cash flow, growth potential, and an unbeatable seaside lifestyle - don't miss out on this Hermosa Beach gem.

2 Beds ⋅ 3 Baths ⋅ SOLD Status

TRIPLEX PROPERTY COMPRISED OF (1) 1-BEDROOM/1-BATHROOM UNIT, (1) STUDIO/1-BATHROOM UNITS & (1) 1-BEDROOM/1-BATHROOM PLUS DECK. Discover this exceptional triplex in the heart of Hermosa Beach, California, perfectly positioned just a few blocks from The Strand and the shimmering Pacific Ocean, embodying the essence of coastal luxury living. As a prime investment opportunity, this versatile asset offers strong potential for owner-occupancy, allowing you to reside in one unit while generating income from the others. With outstanding potential for Accessory Dwelling Units (ADUs), buyers can explore adding extra rentals to significantly boost revenue though verification of feasibility is advised. Benefiting from favorable rent regulations, the property is exempt from Los Angeles City rent control and falls under AB 1482, enabling attractive annual rent increases to maximize returns. Its eligibility for standard residential financing makes it accessible to a broad spectrum of buyers, simplifying acquisition. Currently delivering robust income with a 2.84% cap rate and 21.66 GRM, it promises even greater upside through pro-forma projections of a 3.71% cap rate. The location's exceptional market appeal shines with proximity to King Harbor, Hermosa Beach Pier, Redondo Beach Pier, and vibrant Pier Avenue, providing endless beachside dining, shopping, and recreational options. Inside, enjoy modern amenities like a fully renovated studio unit and Unit C's private deck for enhanced comfort. Practical features include a spacious 2-car garage for secure parking and on-site laundry facilities that generate an additional $200 per month in passive income. This triplex combines immediate cash flow, growth potential, and an unbeatable seaside lifestyle - don't miss out on this Hermosa Beach gem.

563 2nd St, Hermosa Beach

Courtesy of Shield CRE, Inc., Gianluca Jacoli - CA DRE#01938297 Selling Office: .

$1,655,000

Located in the highly desirable beach community of Hermosa Beach, this duplex property presents an exceptional opportunity for an owner user, investor, or developer. The property features a 3 bedroom, 2 bathroom unit on the lower level and a 1 bedroom, 1 bathroom unit above, offering approximately 2,039 sq ft of living space on a 4,232 sq ft lot. Whether you are looking to generate rental income, occupy one unit while renting the other, or explore future development potential, this property offers tremendous upside in a prime coastal location.

4 Beds ⋅ 3 Baths ⋅ SOLD Status

Located in the highly desirable beach community of Hermosa Beach, this duplex property presents an exceptional opportunity for an owner user, investor, or developer. The property features a 3 bedroom, 2 bathroom unit on the lower level and a 1 bedroom, 1 bathroom unit above, offering approximately 2,039 sq ft of living space on a 4,232 sq ft lot. Whether you are looking to generate rental income, occupy one unit while renting the other, or explore future development potential, this property offers tremendous upside in a prime coastal location.

1232 1st St, Hermosa Beach

Courtesy of The CREM Group, Mark Cianciulli - CA DRE#01990266 Selling Office: .

$1,620,000

Nestled just steps from the shimmering Pacific shoreline, 1502 Ocean Drive presents an exceptional opportunity to own a rare duplex in one of Hermosa Beach's most coveted coastal enclaves. Built in 1932 and retaining its timeless charm, this 1,986 sq ft residence is situated on a 3,797 sq ft lot zoned HBR1YY, offering incredible flexibility for both investors and owner-users alike. Front unit has ocean views from the 2nd floor! Each of the two units in this well-maintained duplex features classic California beach character, including spacious living areas, natural light-filled interiors, and the relaxed elegance that defines South Bay coastal living. Both upstairs and downstairs have laundry rooms; upstairs has a fireplace. Upstairs has two bedrooms, one bath, living room, dining room and kitchen. The property is ideally located within easy reach of the Strand, the sand, boutique shops, popular dining destinations, and top-rated schools in the Hermosa Beach City School District. Whether you're seeking to enjoy income-producing potential, a multi-generational living arrangement, or a prime redevelopment opportunity, this property offers limitless possibilities. Don't miss the chance to experience coastal living at its finest where sun, surf, and lifestyle converge.

3 Beds ⋅ 2 Baths ⋅ SOLD Status

Nestled just steps from the shimmering Pacific shoreline, 1502 Ocean Drive presents an exceptional opportunity to own a rare duplex in one of Hermosa Beach's most coveted coastal enclaves. Built in 1932 and retaining its timeless charm, this 1,986 sq ft residence is situated on a 3,797 sq ft lot zoned HBR1YY, offering incredible flexibility for both investors and owner-users alike. Front unit has ocean views from the 2nd floor! Each of the two units in this well-maintained duplex features classic California beach character, including spacious living areas, natural light-filled interiors, and the relaxed elegance that defines South Bay coastal living. Both upstairs and downstairs have laundry rooms; upstairs has a fireplace. Upstairs has two bedrooms, one bath, living room, dining room and kitchen. The property is ideally located within easy reach of the Strand, the sand, boutique shops, popular dining destinations, and top-rated schools in the Hermosa Beach City School District. Whether you're seeking to enjoy income-producing potential, a multi-generational living arrangement, or a prime redevelopment opportunity, this property offers limitless possibilities. Don't miss the chance to experience coastal living at its finest where sun, surf, and lifestyle converge.

1502 Ocean Dr, Hermosa Beach

Courtesy of eXp Realty of California Inc, Bill Gross - CA DRE#01022275 Selling Office: .

$1,565,000

Welcome to this delightful beach cottage tucked into one of Hermosa Beach's most sought-after neighborhoods. Perched in the Hill Section at a higher elevation than the Sand Section below, this home offers the best of both worlds: a peaceful, residential retreat to unwind, with the soul of a true beach community just minutes away. Situated on 2nd Street a lovely one-way street you'll enjoy noticeably less congestion and easier parking than you'd find closer to the sand, all while still being walking distance to Pacific Coast Highway, the Redondo Beach Pier, and the energy of downtown Hermosa Beach with its restaurants, cafes, and shops. Peek-a-boo ocean views from the front yard set the tone the moment you arrive. Fresh curb appeal continues with an elegant paver driveway. Step inside to find recessed lighting, laminate flooring throughout, and a cozy fireplace stove in the living room perfect for cool South Bay evenings. The renovated kitchen features updated cabinetry, a stylish backsplash, quartz countertops, and a charming antique white stove the kind of character detail that makes a beach cottage feel like home. The updated bathroom completes the interior refresh. The main bedroom has carpet underfoot for added comfort. Property is on title as a 3 bed/1 bath and shows as 2 bed/1 bath (buyer to verify). Step outside to your private backyard retreat, complete with hardscape and turf; low maintenance and ready to enjoy. A detached one-car garage rounds out this sweet coastal gem. Whether you're looking for your primary residence, a weekend beach escape, or a savvy South Bay investment this property is a great find in a city where properties don't last long.

3 Beds ⋅ 1 Baths ⋅ SOLD Status

Welcome to this delightful beach cottage tucked into one of Hermosa Beach's most sought-after neighborhoods. Perched in the Hill Section at a higher elevation than the Sand Section below, this home offers the best of both worlds: a peaceful, residential retreat to unwind, with the soul of a true beach community just minutes away. Situated on 2nd Street a lovely one-way street you'll enjoy noticeably less congestion and easier parking than you'd find closer to the sand, all while still being walking distance to Pacific Coast Highway, the Redondo Beach Pier, and the energy of downtown Hermosa Beach with its restaurants, cafes, and shops. Peek-a-boo ocean views from the front yard set the tone the moment you arrive. Fresh curb appeal continues with an elegant paver driveway. Step inside to find recessed lighting, laminate flooring throughout, and a cozy fireplace stove in the living room perfect for cool South Bay evenings. The renovated kitchen features updated cabinetry, a stylish backsplash, quartz countertops, and a charming antique white stove the kind of character detail that makes a beach cottage feel like home. The updated bathroom completes the interior refresh. The main bedroom has carpet underfoot for added comfort. Property is on title as a 3 bed/1 bath and shows as 2 bed/1 bath (buyer to verify). Step outside to your private backyard retreat, complete with hardscape and turf; low maintenance and ready to enjoy. A detached one-car garage rounds out this sweet coastal gem. Whether you're looking for your primary residence, a weekend beach escape, or a savvy South Bay investment this property is a great find in a city where properties don't last long.

1025 2nd St, Hermosa Beach

Courtesy of Compass, Erica Walden - CA DRE#02045143 Selling Office: .

2411 Prospect Ave Unit 112, Hermosa Beach

$642,000

Reduced for quick sale! One buyers loss is your gain on this fantastic opportunity to own this well located condo in prime Hermosa Beach at a great price! A first floor unit with beautiful light, beach breezes and an open floor plan for maximizing space. Nestled toward the back of the complex, with easy access to laundry, pool facilities and the garage, the location can't be beat. Recently refinished hardwood floors, a fresh coat of paint and sliding glass doors that open to a common courtyard greet you; move right in and make yourself at home! Shopping will be a breeze once you discover the hidden shortcut to Lazy Acres; enjoy a coffee, dinner out or any number of activities just a short stroll in any direction. Community offers bike storage, gated parking for two cars, a locked storage space in the garage, and a reservable rec room in the pool area.

2 Beds ⋅ 2 Baths ⋅ SOLD Status ⋅ The Victorian BLDG.

Reduced for quick sale! One buyers loss is your gain on this fantastic opportunity to own this well located condo in prime Hermosa Beach at a great price! A first floor unit with beautiful light, beach breezes and an open floor plan for maximizing space. Nestled toward the back of the complex, with easy access to laundry, pool facilities and the garage, the location can't be beat. Recently refinished hardwood floors, a fresh coat of paint and sliding glass doors that open to a common courtyard greet you; move right in and make yourself at home! Shopping will be a breeze once you discover the hidden shortcut to Lazy Acres; enjoy a coffee, dinner out or any number of activities just a short stroll in any direction. Community offers bike storage, gated parking for two cars, a locked storage space in the garage, and a reservable rec room in the pool area.

2411 Prospect Ave Unit 112, Hermosa Beach

Courtesy of MAISONRE, Abigail Dotson - CA DRE#01450911 Selling Office: .