Ocean-View Apartment
For Sale
$8,995,000
1702 Hermosa Avenue, Hermosa Beach, CA 90254
Fully renovated apartment property with ocean views, varied unit layouts, garages, and walkable access to Pier Avenue.
Property Size5,520 SF
Days on Market238
Property Features for 1702 Hermosa Avenue
General Information
Standard status
Active
Size
5,520 SF
Net Rentable
5,520 SF
Total Parking Spaces
9
Property subtype
Apartment
Units
Unit Mix
6 x 2BR, 4 x 1BR
Multifamily Units
10
Additional Details
Gross Income
$396,000
Building Details
Building Size
5,520 SF
Year Built
1953
Listing Agency:
Kidder Mathews of California, Inc
(559) 638-3651
Listed By:
Jonathan Mitchell · License #01227852
Source:
Velocityrealtysd
Added: Jan 6
Changed: Aug 28
Last Checked: Aug 30 at 10:21PM
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 Kidder Mathews of California, Inc
Investment Insights
Based on property information with market context.
This 10-unit apartment property at 1702 Hermosa Avenue contains 5,520 rentable square feet, with six two-bedroom units and four one-bedroom units totaling fourteen bedrooms and ten bathrooms. Six units offer ocean views. The building has undergone a comprehensive interior and exterior renovation, including updated plumbing, electrical systems, roof, windows, kitchens, bathrooms, appliances, water heaters, landscaping, and hardscaping.
Seven garages provide a total of 9 parking spaces. The elevated property is positioned along Hermosa Avenue with ocean views and access to Pier Avenue’s restaurants, shops, bars, and cafes. WalkScore.com assigns the property a walking score of 95, supporting convenient pedestrian access to surrounding coastal amenities.
Seven garages provide a total of 9 parking spaces. The elevated property is positioned along Hermosa Avenue with ocean views and access to Pier Avenue’s restaurants, shops, bars, and cafes. WalkScore.com assigns the property a walking score of 95, supporting convenient pedestrian access to surrounding coastal amenities.
Key Highlights
- 10‑unit apartment property with 5,520 rentable square feet
- Unit mix includes 6 two‑bedroom and 4 one‑bedroom units
- Ocean views from 6 of the 10 units
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
2,880
Businesses Nearby
Explore this area
Business Placement
Demographics for 90254, CA
19,736
Population
10,454
Households
1.9
Avg Household Size
40
Median Age
77%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
14,097
Density / Sq Mi
$152,019
Median Household Income
$104,385
Median Earnings
$2,812
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated apartment property with ocean views, varied unit layouts, garages, and walkable access to Pier Avenue.
Where is this apartment building located?
The property is located at 1702 Hermosa Avenue Hermosa Beach, CA.
What is the asking price?
The asking price for this property is $8,995,000.
What are key features of this property?
This property features: 10‑unit apartment property with 5,520 rentable square feet; Unit mix includes 6 two‑bedroom and 4 one‑bedroom units; Ocean views from 6 of the 10 units
