Welcome to 624 1st Place, a rare opportunity in the heart of Hermosa Beach offering exceptional versatility for homeowners, investors, and developers alike. Just moments from the sand, this unique property features a charming main residence plus a separate attached 1-bedroom, 1-bath unit complete with its own kitchenette — ideal for extended family, guests, or supplemental rental income.
The flexible floor plan allows the option to live in the front home while generating income from the rear unit, currently estimated at approximately $2,500 per month. The existing layout also provides the opportunity to combine both spaces into one larger residence with approximately 1,436 square feet of living space.
For those seeking future development potential, the property presents a rare chance to build two modern residences of approximately 2,900 square feet each in one of the South Bay’s most sought-after coastal communities (buyer to verify with city).
Currently tenant-occupied on month-to-month leases, the property offers immediate rental income and flexibility for future plans, with the front home generating $3,900 per month and the rear unit generating $2,500 per month.
Beyond the property itself, enjoy the best of the Hermosa Beach lifestyle — close proximity to the beach, local shops, restaurants, parks, and award-winning schools, all within a vibrant coastal community conveniently located near everything Los Angeles has to offer.
Whether you’re searching for a primary residence, income-producing property, or future development project, this is an exceptional opportunity to maximize value in one of Southern California’s most desirable beachside neighborhoods.
70 days
|
637
|
14
|
Zillow last checked:
Listing updated:
Listed by:
Hany BekhitDRE #019139973106199712,
West Shores Realty, Inc.
Source: CRMLS,MLS#: SB26103066Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3
Rooms
Room types: Bedroom
Bedroom
Features: All Bedrooms Down
Cooling
None
Appliances
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
All Bedrooms Down
Has fireplace: Yes
Fireplace features: Electric
Common walls with other units/homes: 1 Common Wall
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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