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563 2nd St
Hermosa Beach, CA 90254

$1,749,000 USD

Apartments For Sale • 1,145 SF

Property Details

Property Type Apartments
Total Building Size 1,145 SF
Lot Size 0.06 AC
Building Class C
Year Built 1918
Cap Rate 2.84 %
Zoning HBR1YY

0 Transit Score

90 Walk Score

                
                    Highlights
                
                                Premier Hermosa Beach Location: Situated just a few blocks from The Strand and the sparkling Pacific Ocean. 
                            
                                Prime Investment Opportunity: This triplex property serves as an ideal asset with strong potential for owner-occupancy. 
                            
                                ADU Expansion Potential: Outstanding chance to develop Accessory Dwelling Units (ADUs) to boost rental income (Buyer to verify).
                            
                                Favorable Rent Regulations: Exempt from Los Angeles City rent control, falling under AB 1482.
                            
                                Accessible Residential Financing: Eligible for standard residential loans. 
                            
                                Modern Unit Features: Includes a fully renovated studio unit, plus Unit C featuring its own private deck for added comfort and desirability.

Financial Summary (Actual)

Net Operating Income: $49,656 USD (2025)

Cap Rate:	2.84 %
Total Expenses:	$31,010 USD

Amenities

Laundry Facilities
Deck

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	16 min	-	7.3 mi
Long Beach (Daugherty Field)	23 min	-	15.1 mi
Bob Hope	47 min	-	33.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	TwoCarGarage
Included in Rent:	Yes

Gianluca Jacoli 510-708-2662 Shield Commercial Real Estate

563 2nd St Hermosa Beach, CA 90254