Hermosa Beach Homes with Harbor View

Hermosa Beach Homes with Harbor View

Welcome to Hermosa Beach, California, a stunning coastal gem nestled in the heart of Los Angeles County. Renowned for its vibrant beach culture and picturesque ocean views, Hermosa Beach is a place where sun-kissed days and breathtaking sunsets are part of everyday life. With its friendly community, lively boardwalk, and an array of dining and shopping options, this charming city offers a unique blend of relaxation and excitement.

One of the most coveted features of Hermosa Beach is its stunning homes with harbor views. Imagine waking up each morning to the gentle sound of waves lapping against the shore and the sight of sailboats gliding gracefully across the harbor. These properties not only provide a serene escape but also offer an unparalleled connection to the natural beauty that surrounds them. Many homes in this area boast expansive balconies and terraces, perfect for enjoying your morning coffee or hosting sunset gatherings with friends and family.

In addition to the picturesque views, Hermosa Beach is a haven for outdoor enthusiasts. With miles of sandy beaches, you can indulge in activities like surfing, beach volleyball, and biking along the scenic Strand. The city is also home to a vibrant arts scene and hosts various community events throughout the year, ensuring there's always something exciting happening.

Whether you're looking to invest in a charming beach cottage or a luxurious oceanfront estate, Hermosa Beach offers a diverse range of real estate options that cater to every lifestyle. Discover the magic of coastal living in Hermosa Beach, where every day feels like a vacation.

Newest Hermosa Beach Homes with Harbor View

$3,500,000
8 Beds 6 Baths 26867229 MLS Active Status
We are pleased to present the exclusive offering of 114 Hermosa Ave, a premier coastal apartment investment located just steps from the beach in the highly sought-after Hermosa Beach submarket. This exceptional asset represents a rare opportunity to acquire a 4-unit apartment community in one of Southern California's most supply-constrained and desirable rental markets. Originally constructed in 1971, the property consists of approximately 4,002 rentable square feet situated on a 2,900 square foot lot. Residents enjoy stunning ocean views from the property, further enhancing its desirability and long-term rental appeal. Ideally situated within walking distance of the Hermosa Beach Pier, The Strand, award-winning restaurants, boutique retail, and major employment centers throughout the South Bay, the property offers an unmatched coastal lifestyle. Additional amenities include private balconies for every unit, eight covered parking spaces, private storage units for each resident, a community laundry facility conveniently located within the carport, and a shared rooftop deck offering panoramic ocean and coastline views. The property is currently operating at a 3.28% capitalization rate and a 20.01 GRM, presenting investors with meaningful upside through interior unit renovations and strategic upgrades that can drive rental growth and enhance overall property performance. Based on market rents, the asset offers the potential to achieve an estimated 4.25% market capitalization rate and 16.67 GRM, providing a compelling value-add opportunity while benefiting from the long-term stability of the Hermosa Beach rental market. With exceptionally high barriers to entry, limited new multifamily development, and consistently strong tenant demand, 114 Hermosa Ave offers investors the opportunity to acquire a trophy coastal asset with durable cash flow, significant income growth potential, and long-term appreciation in one of Los Angeles County's most coveted beachfront communities. The property's premier coastal location, breathtaking ocean views, exceptional resident amenities, and value-add potential position it as a truly outstanding investment opportunity in one of Southern California's most prestigious beach communities.

114 Hermosa Avenue, Hermosa Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.