Introducing a rare opportunity to own a legacy six-unit income

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Home Sale Pending

2124 Hermosa Avenue

Hermosa Beach, California 90254

Los Angeles County Ocean View: Yes

Community: 

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$6,000,000 10 br, 8.0 bath 5765 sq. ft. 0.092 acres

Introducing a rare opportunity to own a legacy six-unit income property in the heart of North Hermosa Beach, one of Southern California's most coveted coastal neighborhoods. The location is hard to beat: just three doors from The Strand and steps from iconic local favorites like Martha's, The Bottle Inn, and The Green Store, with both the Manhattan Beach and Hermosa Beach Piers within easy reach. Offering an unbeatable combination of premier location, breathtaking ocean views, and exceptional investment potential, this irreplaceable property is a standout in every way.
With a favorable unit mix of (2) 3-bedroom, 2-bath units and (4) 1-bedroom, 1-bath units, this substantial 5,765 sq. ft. building sits on an oversized 4,025 sq. ft. lot spanning from Hermosa Avenue to a high point on Palm Drive. The lower four units are all 1-bedrooms, while the upper two 3-bedroom units crown the property, offering awe-inspiring, panoramic views of the Santa Monica Bay from Malibu to Palos Verdes and Catalina Island. Perched on the first rise of the hill from the sand, this building towers over its neighbors, standing as an irreplaceable legal nonconforming structure with unmatched ocean, sand, and whitewater views.
An appx. 1,200 sq.ft. ocean view community deck and 9-car garage parking are standout features, while private storage and an on-site laundry room add convenience for tenants. Located in a high-demand rental market, the property offers substantial upside for investors, with pro forma net income of $295,072 (4.9% cap rate). A 4,400 sq.ft. home on Hermosa Avenue recently sold for $11M, further underscoring the high demand for this location and the uniqueness of this opportunity. Reach out now to submit your offer on this Hermosa Beach multifamily gem.

Interior:
  • Bedrooms: 10
  • Baths: 8.0
  • Sq Ft: 5765
  • Year Built: 1972
  • Utilities: 
  • Fireplaces: 
  • Stories: 4
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.092 acre
  • Lot Dimensions: 
  • View Types: Bluff, Ocean, Panorama, Water
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: SB25013040
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Contact Information:
phone Call now 1-855-943-4259
Beach Home Sale Pending in Hermosa Beach, California
Listing Agent: Shawn Dugan, Strand Hill Properties, 310-265-3428, 310-545-0707 Listing Site, Listing Status: Pending
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5729741
Viewed 16 times.
Updated: Jan 25, 2025

This property is a Home located at 2124 Hermosa Avenue, Hermosa Beach, California 90254, and is currently Sale Pending at $6,000,000. This Home has 10 bedrooms, 8.0 baths, 5765 sq ft.