Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2304 Hermosa Ave Hermosa Beach, CA 90254

    View on Map
    Sponsored
    For Sale
    $6,098,000

    Single Family Residence - Hermosa Beach, CA

    Type:Single Family Residence
    Property size:
    3,875 SF
    Lot size:
    2,649.00 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 22 at 2:06 am

    Property Features for 2304 Hermosa Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Kitchen, Laundry, Living Room
    Bedrooms
    6
    Bathrooms
    6
    APN
    4182010009
    Parking
    6
    Parking features
    Garage
    Interior features
    Vacuum Central, Tray Ceiling(s), Living Room Deck Attached, High Ceilings, Granite Counters, Wired For Sound, In-law Floorplan, Elevator, Pantry, Recessed Lighting, Stone Counters, Bar, Wired For Data, Balcony, Built-in Features, 2 Staircases, Wainscoting
    Exterior features
    Community Features Included: Curbs, Watersports, Biking, Sidewalks, Park, Park Nearby
    Accessibility
    Accessible Elevator Installed
    Appliances
    Dishwasher, Freezer, Garbage Disposer, Microwave, Range, Range - Gas, Refrigerator, Washer
    Size
    3,875 SF
    Lot size
    2,649.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1999
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Wood
    Architectural style
    Other

    We can help!

    Listing Contact
    Christopher Crosby

    Buckingham Investments, Inc.

    Listing agent Christopher Crosby License #02116879

    Listing date Mar 19, 2026

    MLS# SB26060002 Listing URL

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Hermosa Beach Ocean View Residence

    Located above a picturesque Walk Street in Hermosa Beach, the single-family residence at 2304 Hermosa Avenue offers sweeping white-water ocean views stretching from Palos Verdes to Malibu. The property is designed with two distinct living spaces: a primary residence in the front and private living quarters in the rear, featuring a separate entrance and a private two-car garage. The rear quarters are suitable for guests, extended family, or supplemental income. The main home features a grand foyer with vaulted ceilings, wainscoting, and marble flooring. The upper level includes living and dining areas beneath vaulted ceilings with recessed lighting. The living room opens to a private terrace overlooking the Walk Street and ocean. The dining room features coffered ceilings and a built-in buffet, while the kitchen is equipped with JennAir appliances, dual ovens, a wine refrigerator, and a skylight. A second terrace off the kitchen leads via a spiral staircase to a rooftop deck with a firepit and panoramic coastline views. The main level also includes a powder room, den/office, a closet pre-plumbed for optional laundry, and a 3-stop elevator servicing all levels. The entry level features the primary suite with ocean views, a fireplace, a private terrace, and a spa-like bath with dual vanities, a soaking tub, a glass shower, and a walk-in closet. Two additional bedrooms and a full bath complete this level. The property provides 6-car parking, including a two-car front garage, a driveway, and a two-car rear garage off the alley. At the rear, a separate three-level 2-bedroom living quarters provides private living with its own entrance and garage. The top level features vaulted ceilings, an open living/dining area, ocean views, a kitchenette, a fireplace, a terrace, and a powder room, while the lower level includes two bedrooms, a full bath, and in-unit laundry. The property has a lot size of 0.06081267217630854 acres and a property size of 3875 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hermosa Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.403748
    Latitude
    33.870196

    Nearby Similar for Sale

    • $250,000
      1,500 SF

      Turnkey Restaurant Opportunity in Hermosa

      Profitable restaurant with favorable lease terms and growth potential.
      1141 Aviation Blvd, Hermosa Beach, CA 90254
      View Details
    • $248,000

      Profitable Boutique Near Hermosa Beach Pier

      Thriving T-shirt and gift boutique steps from the ocean.
      31 Pier Ave, Hermosa Beach, CA 90254
      View Details
    • $3,675,000
      2,367 SF

      Hermosa Beach Triplex Opportunity

      Triplex near the beach with income and development potential.
      50 10Th St, Hermosa Beach, CA 90254
      View Details
    • $3,900,000
      2,925 SF

      Hermosa Beach Renovated Income Property

      Turnkey Hermosa Beach income property with five renovated units.
      825 Manhattan Ave, Hermosa Beach, CA 90254
      View Details
    • $3,295,000
      4,230 SF

      Hermosa Beach Six-Unit Apartment Building

      Six-unit apartment near Hermosa Beach, Pier, restaurants, and shops.
      2121 Pacific Coast Hwy, Hermosa Beach, CA 90254
      View Details
    • $1,695,000
      968 SF

      Hermosa Beach Duplex Near Sand

      Duplex in prime location, close to the beach.
      151 Monterey Blvd, Hermosa Beach, CA 90254
      View Details
    • $6,000,000
      4,700 SF

      New Construction Office with Ocean Views

      New construction office space in Hermosa Beach with ocean views.
      824 1St St, Hermosa Beach, CA 90254
      View Details
    • $2,699,000
      1,218 SF

      Hermosa Beach Income Property

      Remodeled duplex near the beach, offering immediate income potential.
      1720 Manhattan Ave, Hermosa Beach, CA 90254
      View Details
    • Contact for pricing

      Modern Retail Building in Hermosa Beach

      Modern retail building in Hermosa Beach with high visibility.
      Hermosa Beach, CA 90254
      View Details
    • $3,750,000
      2,874 SF

      Retail Storefront/Office in Hermosa Beach

      Free-standing retail storefront/office space available for sale.
      1083-1085 Aviation Blvd, Hermosa Beach, CA 90254
      View Details
    • $2,995,000
      2,390 SF

      Hermosa Beach Creative Office Condo

      Beachfront Office, 2,390 sq ft
      30 Hermosa Ave, Hermosa Beach, CA 90254
      View Details
    • $6,950,000
      524 SF

      Office Space with Ocean Views

      Second-floor office space featuring balconies and ocean views.
      205 Pier Ave, Hermosa Beach, CA 90254
      View Details

    FAQs

    What type of property is this?
    Single family property - Single-family home with potential rental income and panoramic ocean views.
    Where is this single family property located?
    The property is located at 2304 Hermosa Ave Hermosa Beach, CA.
    What is the asking price?
    The asking price for this property is $6,098,000.
    What are key features of this property?
    This property features: - Sweeping white-water ocean views from Palos Verdes to Malibu from every level.; - Unique design with two distinct living spaces, ideal for guests or supplemental income.; - Potential rental income from the rear quarters, projected at $4,800–$5,400/month unfurnished. (buyer to verify).
    (650) 549-4849
    Request Owner's contact information
    2304 Hermosa Ave Hermosa Beach, CA 90254
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2304 Hermosa Ave
    Hermosa Beach, CA 90254
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2304 Hermosa Ave Hermosa Beach, CA 90254
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Christopher Crosby
    Real Estate License ID: 02116879
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!