Hermosa Beach Homes with Walk Street View

Hermosa Beach Homes with Walk Street View

**Discover the Coastal Charm of Hermosa Beach, California**

Nestled along the stunning Southern California coastline, Hermosa Beach is a vibrant gem in Los Angeles County that effortlessly captures the essence of beachside living. Known for its picturesque sandy shores, lively atmosphere, and a tight-knit community, Hermosa Beach is the perfect destination for those seeking a relaxed yet dynamic lifestyle.

One of the most enchanting features of Hermosa Beach is its iconic walk streets, which are a hallmark of this charming city. These unique pedestrian-only pathways wind through the residential neighborhoods, inviting residents and visitors alike to stroll leisurely while soaking in the coastal breeze. Imagine stepping out of your front door and into a serene environment where you can enjoy morning walks, evening jogs, or simply meandering to the beach with family and friends.

The homes in Hermosa Beach with walk street views offer a delightful combination of convenience and coastal beauty. These properties provide easy access to the beach, local shops, and trendy restaurants, all while maintaining a sense of tranquility. Many of these homes are designed with expansive windows and open spaces that allow for breathtaking views of the Pacific Ocean, making every sunset a picturesque event.

Whether you’re looking for a cozy beach cottage or a modern seaside retreat, Hermosa Beach has something for everyone. With its vibrant community, stunning landscapes, and the allure of walk street living, it’s no wonder that Hermosa Beach is a sought-after destination for those looking to embrace the California lifestyle. Come explore and find your dream home in this coastal paradise!

Newest Hermosa Beach Homes with Walk Street View

$3,500,000
8 Beds ⋅ 6 Baths ⋅ 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 Ave, Hermosa Beach

Courtesy of BRC Advisors- BH, Maxwell Forester - CA DRE#02283478

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