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For sale
  • Listed by: Kidder Mathews of California, Inc • Jonathan Mitchell • Contact: jon.mitchell@kidder.com
    $8,995,000

    1702 Hermosa Ave, Hermosa Beach, CA 90254

    14beds
    10baths
    5,520sqft
    : 
    $59,154/mo
    Get pre-qualified
    Multi Family
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $1,630/sqft
    $-- HOA

    What's special

    ***Price Reduced $1,000,000***1702 Hermosa Avenue is an exceptional ocean view 10-unit property located in highly sought-after Hermosa Beach. It is rare to encounter an opportunity to acquire a “to the studs” fully remodeled property spanning ±5,520 rentable square feet that includes fourteen bedrooms and ten bathrooms with ocean Views, under $10M on this prime stretch of Hermosa Avenue. Fully renovated from top to bottom, this property highlights meticulous diligence, including all visible elements, plumbing, electrical, landscaping, hardscaping, modern architecture, and more. Perched on an elevated parcel with sweeping ocean views, breezes, this gem provides easy walkable access to Pier Avenue with its vibrant restaurants, shops, bars, and cafes. 1702 Hermosa Ave defines Southern California coastal living and investing at its finest. Its desirable breathtaking ocean views from six of the ten units provide the epitome of the Southern California beach lifestyle. A high walking score of 95 from WalkScore.com, this remarkable income property offers excellent investment potential. 1702 Hermosa Avenue is a one-of-a-kind property that rarely appears in the market in its location. Its versatility, stunning views, and unmatched location make it an irresistible opportunity for discerning buyers, investors, or those seeking a turnkey and fully renovated asset with ocean views. Rare Oceanview Income Property on Hermosa Avenue. • 6 Two Bedroom & 4 One Bedroom Units • 7 Garages totaling 9 parking spaces • Complete Rehab & Renovation of Exterior & Interior • New: Roof, Plumbing, Sub-Panels, Water Heaters, Kitchens, Bathrooms, Appliances Wiring, Windows & More • Current Monthly Income of $33k per Month • Ocean views and minutes to sand, surf, and Pier Avenue’s renowned dining and retail
    206 days
    |
    269
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Mitchell DRE #01227852 jon.mitchell@kidder.com,

    Kidder Mathews of California, Inc

    Source: CRMLS,MLS#: OC26003055MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 14
      • Bathrooms: 10
      Appliances
      • Laundry: Common Area
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 5,520
      • Total interior livable area: 5,520 sqft

      Property

      Parking
      • Total spaces: 9
      • Parking features: Assigned
      • Garage spaces: 9
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: Street & Alley
      • Pool features: None
      Lot
      • Size: 4,931 Square Feet
      • Features: 6-10 Units/Acre
      Details
      • Parcel number: 4183010011
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1953

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Curbs, Dog Park, Fishing, Golf, Storm Drain(s), Street Lights, Sidewalks
      Location
      • Region: Hermosa Beach

      Financial & listing details

      • Price per square foot: $1,630/sqft
      • Date on market: 1/6/2026
      • Cumulative days on market: 206 days
      • Listing terms: Cash,Cash to New Loan
      • Total actual rent: 32572
      • Tenant pays: Cable TV, Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $6,303/mo

        Price history

        DateEventPrice
        2/17/2026Price change$8,995,000-10%$1,630/sqft
        Source: CRMLS #OC26003055 Report a problem
        1/6/2026Listed for sale$9,995,000+85.1%$1,811/sqft
        Source: CRMLS #OC26003055 Report a problem
        12/14/2016Sold$5,400,000-5.2%$978/sqft
        Source: CLAW #16149436 Report a problem
        9/6/2016Price change$5,695,000-2.6%$1,032/sqft
        Source: CBC Advisors #16149436 Report a problem
        8/2/2016Listed for sale$5,850,000$1,060/sqft
        Source: CBC Advisors #16149436 Report a problem
        5/6/2014Listing removed$1,800
        Source: Owner Report a problem
        5/2/2014Listed for rent$1,800
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 90254

        Getting around

        94 / 100
        Walker's Paradise
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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