Seven-Unit Coastal Apartment
For Sale
Contact for pricing
71 19th Street, Hermosa Beach, CA 90254
Seven 1-bedroom units near the beach, delivered with two vacant for immediate leasing or renovation.
Property Size4,032 SF
Price / SF$1,116
Days on Market56
Property Features for 71 19th Street
General Information
Standard status
Active
Size
4,032 SF
Class
B
Total Parking Spaces
3
Property subtype
Multifamily
Zoning
HBR2B*
Occupancy
71%
Investment Type
Value Add
Net Operating Income
$150,143
Additional Details
Multifamily Units
7
Building Details
Year Built
1950
Buildings
1
Units
7
Tenancy
Multi
Listing Agency:
Lyon Stahl Investment Real Estate
(310) 425-9838
Listed By:
Daniel Shieh · License #CA 01978847
Source:
Crexi
Added: Jun 29
Changed: Aug 22
Last Checked: Aug 23 at 9:01AM
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 Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
This multifamily property offers seven 1-bedroom, 1-bathroom units within a single apartment building. Two of the units will be delivered vacant, giving a new owner the ability to move on tenants right away, whether for standard leasing after turnover or for unit improvements prior to re-rental.
Located in Hermosa Beach, the property is described as being just steps from the sand in a coastal, beach-oriented setting. The surrounding area is characterized in the remarks as being centered around the beach and local retail and dining options within the South Bay.
For investors or operators, the immediate availability of two vacant units can reduce the wait associated with leasing turnover and may support a faster path to stabilizing occupancy. The existing in-place rental situation combined with the ready-to-work inventory offers an operationally practical starting point for managing the property’s unit mix and rent strategy. The two vacant homes also provide flexibility for alternative furnished or short-term approaches, subject to applicable local regulations and permitting. Overall, the asset is positioned as a small, manageable coastal multifamily investment with the benefit of immediate unit access at acquisition.
Located in Hermosa Beach, the property is described as being just steps from the sand in a coastal, beach-oriented setting. The surrounding area is characterized in the remarks as being centered around the beach and local retail and dining options within the South Bay.
For investors or operators, the immediate availability of two vacant units can reduce the wait associated with leasing turnover and may support a faster path to stabilizing occupancy. The existing in-place rental situation combined with the ready-to-work inventory offers an operationally practical starting point for managing the property’s unit mix and rent strategy. The two vacant homes also provide flexibility for alternative furnished or short-term approaches, subject to applicable local regulations and permitting. Overall, the asset is positioned as a small, manageable coastal multifamily investment with the benefit of immediate unit access at acquisition.
Key Highlights
- 7‑unit multifamily property built in 1950
- All units are 1‑bedroom / 1‑bath
- Delivered with 2 vacant units for immediate leasing and/or renovation
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
2,840
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Seven 1-bedroom units near the beach, delivered with two vacant for immediate leasing or renovation.
Where is this apartment building located?
The property is located at 71 19th Street Hermosa Beach, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 7‑unit multifamily property built in 1950; All units are 1‑bedroom / 1‑bath; Delivered with 2 vacant units for immediate leasing and/or renovation
