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    Four-Unit Income Property Title is generated by Realmo AI

    1222 Corona St, Hermosa Beach, CA 90254

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    Claim this Listing
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    For Sale
    $2,795,000

    Fully occupied four-unit income property on a sizable land assemblage with redevelopment options for qualified buyers.

    Type:Multifamily
    Property size:
    7,691 SF
    Price / SF:
    $363/SF
    Added:
    Jun 11, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 13 at 1:53 am

    Property Features for 1222 Corona St

    General Information

    Standard status
    Active
    Size
    7,691 SF
    Property subtype
    Multifamily

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    Listing Contact
    Jonathan Weir

    Listing agent Jonathan Weir License #License(s): CA: 02038545

    Listing office South Bay Office

    Listing date Jun 11, 2026

    Source Marcusmillichap

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of South Bay Office

    HighLights

    • Fully occupied four‑unit income property on an approximately 7,691 sq ft land assemblage in Hermosa Beach
    • Seller offering flexible terms to qualified buyers, with seller financing available
    • Generates income as a four‑unit asset while offering redevelopment potential
    • Preliminary redevelopment concept includes two single‑family residences and two accessory dwelling units (ADUs)
    • Larger‑than‑average buildable envelope noted, providing design flexibility for a future buyer (buyer to verify with City)

    Overview

    The subject property is a fully occupied four-unit income-producing asset configured as a quadplex. It is offered for sale on a larger-than-average land assemblage totaling approximately 7,691 square feet. The seller states seller finance is available and that flexible terms may be offered to qualified buyers. The site is presented with redevelopment optionality, including a possible plan for two single-family residences and two accessory dwelling units (ADUs), with all feasibility subject to buyer verification with the City of Hermosa Beach.

    The property is located at 1222 Corona St in Hermosa Beach, California. The offering is marketed as a distinctive land assemblage opportunity within the immediate area, where the larger buildable envelope is described as uncommon.

    For investors or end-users, the asset provides immediate in-place rental occupancy as well as an outlined path toward future reconfiguration, subject to confirmation of zoning and development standards. Buyers who value flexibility may find the combination of an operating four-unit structure and a redevelopment concept—two single-family homes plus two ADUs—useful, provided they complete their own due diligence with the city.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -118.388435
    Latitude
    33.8646583

    FAQs

    What type of property is this?
    Quadplex - Fully occupied four-unit income property on a sizable land assemblage with redevelopment options for qualified buyers.
    Where is this quadplex located?
    The property is located at 1222 Corona St Hermosa Beach, CA.
    What is the asking price?
    The asking price for this property is $2,795,000.
    What are key features of this property?
    This property features: Fully occupied four‑unit income property on an approximately 7,691 sq ft land assemblage in Hermosa Beach; Seller offering flexible terms to qualified buyers, with seller financing available; Generates income as a four‑unit asset while offering redevelopment potential
    More about this property
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