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114 Hermosa ave
Hermosa Beach, CA 90254

$3,500,000 USD

Apartments For Sale  •  4,002 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,002 SF
  • Lot Size 0.07 AC
  • Building Class B
  • Year Built 1971
  • Cap Rate 3.28 %
  • Zoning HBR3
40 Transit Score
70 Walk Score

Highlights

Rare Value-Add Coastal Asset
Private Balconies with Ocean Views
Shared Rooftop Deck
Eight Covered Parking Spaces
Prime Hermosa Beach Location

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $114,751 USD (2026)
Cap Rate: 3.28 %
Total Expenses: $54,902 USD

Amenities

  • Balcony
  • Roof Terrace
  • Sundeck
  • Deck

Public Transportation

AirportDriveWalkDistance
Los Angeles International 17 min - 7.6 mi
Long Beach (Daugherty Field) 24 min - 15.4 mi
Bob Hope 48 min - 33.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Covered
Included in Rent: Yes
Maxwell Forester 310-344-7741 BRC Advisors - BH, Inc.
Maxwell Forester 310-344-7741 BRC Advisors - BH, Inc.