Introducing 916 1st Street, a rare opportunity to own a multi-unit property in the coveted Hermosa Beach area. First time on the market since 1977, this property presents an excellent investment potential with its four units, offering a total of 10 bedrooms and 5 bathrooms spread across 3,835 square feet of living space. The units consist of four well-appointed units: three 2-bedroom, 1-bathroom units, each spanning 850 square feet, and one spacious 4-bedroom, 2-bathroom unit boasting 1,285 square feet. With laminate flooring throughout and new carpet in the bedrooms, each unit provides comfortable living spaces. Convenience is key with four garage spots and washer & dryer hookups available. Additionally, private patios offer serene outdoor areas to unwind and enjoy the coastal breeze. Situated on a generous lot spanning 6,757 square feet, this property offers ample space for residents to enjoy. Located just minutes from the beach and within walking distance to the vibrant King Harbor Plaza and pier, residents can indulge in the vibrant beach lifestyle that Hermosa Beach is renowned for. Don't miss this chance to own a piece of Hermosa Beach real estate and capitalize on its prime location and investment potential!
Sold for $2,570,000
Listed by: Real Brokerage Technologies, Inc. • Luke Smith • Contact: 310-702-0128
Bought with: AWM Realty
$2,570,000
916 1st St, Hermosa Beach, CA 90254
10beds
5baths
3,838sqft
Quadruplex
Built in 1965
-- sqft lot
$3,195,000 Zestimate®
$670/sqft
$4,838 Estimated rent
Home value
$3,195,000
$2.78M - $3.71M
$4,838/mo
Zestimate® history
Owner options
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$4,838/mo
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$4,838/mo
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Vibrant beach lifestyleNew carpet
Zillow last checked:
Listing updated:
Listed by:
Luke Smith DRE #02037906 310-702-0128,
Real Brokerage Technologies, Inc.
Bought with:
Qing Linda Wang-Mizukami, DRE #01258472
AWM Realty
Source: CRMLS,MLS#: SR24042910
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Rooms
- Room types: Bedroom, Family Room, Kitchen, Living Room, Primary Bedroom, Other
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Heating
- Wall Furnace
Appliances
- Included: Gas Oven, Gas Range, Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, See Remarks
Features
- Balcony, Ceiling Fan(s), Crown Molding, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary
- Flooring: Carpet, Laminate
- Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below
Interior area
- Total structure area: 3,838
- Total interior livable area: 3,838 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Driveway, Garage
- Garage spaces: 4
Accessibility
- Accessibility features: Parking
Features
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,757 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 4186031008
- Zoning: HBRPYY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: See Remarks
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, See Remarks, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Hermosa Beach
Financial & listing details
- Price per square foot: $670/sqft
- Tax assessed value: $2,621,400
- Annual tax amount: $29,375
- Date on market: 3/13/2024
- Cumulative days on market: 23 days
- Listing terms: Cash,Conventional,1031 Exchange
- Total actual rent: 138732
- Tenant pays: Cable TV, Electricity, Gas, Telephone
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2024 | Sold | $2,570,000-14.2%$670/sqft |
Source:  CRMLS #SR24042910 Report a problem | ||
| 4/7/2024 | Contingent | $2,995,000$780/sqft |
Source: CRMLS #SR24042910 Report a problem | ||
| 3/13/2024 | Listed for sale | $2,995,000$780/sqft |
Source: CRMLS #SR24042910 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $29,375 +656.4% | $2,621,400 +928.1% |
| 2024 | $3,883 +1.6% | $254,963 +2% |
| 2023 | $3,823 +1.8% | $249,965 +2% |
| 2022 | $3,757 -1.9% | $245,064 +2% |
| 2021 | $3,830 +0.5% | $240,260 +1% |
| 2020 | $3,810 | $237,798 +2% |
| 2019 | $3,810 +7.4% | $233,137 +2% |
| 2018 | $3,548 | $228,567 +2% |
| 2017 | $3,548 +0.8% | $224,086 +2% |
| 2016 | $3,520 +5% | $219,694 +1.5% |
| 2015 | $3,354 +11.6% | $216,395 +2% |
| 2014 | $3,005 | $212,157 +2.5% |
| 2012 | -- | $207,059 +2% |
| 2011 | -- | $203,000 +0.8% |
| 2010 | -- | $201,484 -0.2% |
| 2009 | -- | $201,964 +2% |
| 2008 | -- | $198,005 +2% |
| 2007 | -- | $194,124 +2% |
| 2006 | -- | $190,319 |
| 2005 | -- | $190,319 +4% |
| 2004 | -- | $182,931 +1.9% |
| 2003 | -- | $179,579 +2% |
| 2002 | -- | $176,058 +4% |
| 2000 | -- | $169,223 |
Find assessor info on the county website
Neighborhood: 90254
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Nearby schools
GreatSchools rating
- 8/10Hermosa Valley Elementary SchoolGrades: 5-8Distance: 0.9 mi
- NAHermosa View Elementary SchoolGrades: K-1Distance: 0.9 mi
- 10/10Hermosa Vista SchoolGrades: 2-4Distance: 1.4 mi
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Estimated market value
$3,195,000
Get a cash offer in 3 minutes
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Estimated market value
$3,195,000
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