Residential Income Unit Near
New
For Sale
Contact for pricing
90 18th, Hermosa Beach, CA 90254
Hermosa Beach, CA
Property Size900 SF
Lot Size0.07 Acres
Price / SF$6.11
Days on Market2
Property Features for 90 18th
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Laundry Room, Bedroom 1, Bedroom 2, Bathroom 1
Parking
1
Parking features
Garage, Assigned, Carport
Pets allowed
Call
Lot features
2-5 Units/ Acre
Elementary school district
Hermosa
Middle school district
Hermosa
High school district
Hermosa
Directions
North of Hermosa Beach Pier on the corner of 18th and Hermosa
Subdivision
148 - Hermosa Bch Sand
Standard status
Active
APN
4183007014
Size
900 SF
Lot size
0.07 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Building Details
Year built
1949
Floors in Building
1
Number of units
3
Listing Agency:
Vista Sotheby's International Realty
(310) 541-8271
Listed By:
Matthieu Reyes · License #01903241
(310) 387-8103
Added: Oct 27
Changed: Oct 28
Last Checked: Oct 28 at 11:06PM
MLS# SB26231604
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.
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Investment Insights
Based on property information with market context.
This 900-square-foot residential income unit includes two bedrooms and one bathroom, with the bedrooms positioned on opposite sides of the hallway. Refinished hardwood floors run throughout, and the kitchen has updated appliances and fixtures. A washer and dryer are provided for the unit. The living room opens toward the dining area and kitchen, with a large window facing the front patio. A one-car garage and a carport space are included. The property was built in 1949.
Set on a walkstreet, the unit is less than a block from the beach and a few blocks from the Hermosa Beach Pier. The front patio provides outdoor space, while the Strand offers a biking route toward Manhattan Beach or Redondo Beach.
Set on a walkstreet, the unit is less than a block from the beach and a few blocks from the Hermosa Beach Pier. The front patio provides outdoor space, while the Strand offers a biking route toward Manhattan Beach or Redondo Beach.
Key Highlights
- 900 square feet with 2 bedrooms and 1 bathroom
- Less than a block from the beach on a walkstreet
- Front patio faces the living room’s large window
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,482
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,640
$289.6K
Cap Rate 7%
$206,886
$206.9K
Cap Rate 9%
$160,911
$160.9K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$28.6K $31.80/SF
− Vacancy
−$2.3K −$2.54/SF
EGI
$26.3K $29.26/SF
− OpEx
−$11.8K −$13.17/SF
NOI
$14.5K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,640
Cap Rate 7%
$206,886
Cap Rate 9%
$160,911
Alternative Uses
Best Use
Apartment 5plus
$206.9K
$181.0K – $241.4K
NOI $14,482 @ 7.0% cap · market cap 263.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$481.9K
$421.6K – $562.2K
NOI $33,730 @ 7.0% cap · market cap 613.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,880
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The 900-square-foot home has two bedrooms, in-unit laundry, a front patio, and a garage plus carport parking.
Where is this residential income property located?
The property is located at 90 18th Hermosa Beach, CA.
What are key features of this property?
This property features: 900 square feet with 2 bedrooms and 1 bathroom; Less than a block from the beach on a walkstreet; Front patio faces the living room’s large window
