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1702 Hermosa Ave
Hermosa Beach, CA 90254

$8,995,000 USD

Apartments For Sale  •  5,519 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,519 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1953
  • Cap Rate 2.71 %
  • Zoning R3, Hermosa Beach
30 Transit Score
60 Walk Score

Highlights

Turnkey ten-unit apartment community
Breathtaking ocean views
Exceptional walk score of 95
Priced well below condominium and single-family home values
Complete property renovation in 2025
Walkable location near Pier Avenue, The Strand, and the beach

Property Flyers

Cap Rate: 2.71 %

Amenities

  • Controlled Access
  • Property Manager on Site
  • Security System
  • Video Patrol
  • Storage Space
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Los Angeles International 16 min - 7.3 mi
Long Beach (Daugherty Field) 26 min - 16.3 mi
Bob Hope 48 min - 33.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Covered
Included in Rent: Yes
Jonathan Mitchell 714-337-8405 Kidder Mathews
Jonathan Mitchell 714-337-8405 Kidder Mathews