Hermosa Beach East Real Estate

Hermosa Beach East Real Estate

Welcome to Hermosa Beach East, a captivating coastal community nestled in the heart of Los Angeles County, California. Known for its stunning ocean views and vibrant beach culture, this charming neighborhood offers a unique blend of relaxation and excitement, making it an ideal place to call home.

Hermosa Beach East boasts a laid-back atmosphere complemented by its picturesque sandy shores and inviting waves, perfect for surfing, sunbathing, or a leisurely stroll along the iconic Strand. The area is characterized by its friendly, tight-knit community, where neighbors become friends and local businesses thrive. With an array of boutique shops, cozy cafes, and delectable dining options, residents enjoy a lifestyle that effortlessly combines convenience with charm.

One of the highlights of living in Hermosa Beach East is the abundance of outdoor activities. From beach volleyball courts to scenic parks, there's always something to do. The Hermosa Beach Pier is a local favorite, serving as a gathering spot for community events and providing stunning sunset views that are simply unforgettable.

Families will appreciate the excellent schools and safe environment, making Hermosa Beach East a fantastic place to raise children. Additionally, the region's proximity to Los Angeles offers easy access to world-class entertainment, shopping, and cultural experiences.

Whether you’re looking to invest in a beachside property, seeking a peaceful retreat, or simply wanting to enjoy the vibrant lifestyle, Hermosa Beach East is a hidden gem waiting to be discovered. Embrace the coastal charm and make this enchanting community your new home!

Newest Listings in Hermosa Beach East

$2,450,000
6 Beds 5 Baths ACTIVE Status
PRICE REDUCED BY $345,000! 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 $765 per square foot for the existing four income-producing units and just $318 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

$2,450,000
6 Beds 5 Baths ACTIVE Status
PRICE REDUCED BY $345,000! 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 $765 per square foot for the existing four income-producing units and just $318 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

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