Hermosa Bch Sand (148) Homes with Marina View

### Discover the Allure of Hermosa Beach Sand: Your Coastal Haven Awaits

Nestled along the stunning coastline of Los Angeles County, Hermosa Beach Sand is a vibrant gem that captures the essence of Southern California living. Known for its picturesque sandy shores, this charming beach city boasts a laid-back atmosphere, making it a perfect retreat for those seeking a coastal lifestyle. With its warm climate, abundant sunshine, and breathtaking ocean views, Hermosa Beach is a paradise for beach lovers and outdoor enthusiasts alike.

One of the key highlights of this region is its captivating homes with marina views. Imagine waking up each morning to the gentle sound of waves lapping against the shore, with panoramic vistas of the sparkling Pacific Ocean right outside your window. These homes not only offer a front-row seat to the stunning sunsets but also provide a unique opportunity to embrace a lifestyle centered around the beach and water activities. Whether you're an avid surfer, a sailing enthusiast, or simply enjoy beachcombing, living in Hermosa Beach Sand means endless opportunities for sun-soaked adventures.

In addition to its natural beauty, Hermosa Beach is also home to a vibrant community filled with trendy restaurants, boutique shops, and lively beachside events. The local culture is rich and inviting, fostering a sense of belonging among residents and visitors alike. With a blend of relaxation and recreation, Hermosa Beach Sand offers the perfect backdrop for your dream home. Come and experience the charm of coastal living in this idyllic Southern California locale—where every day feels like a vacation!

Newest Hermosa Bch Sand (148) Homes with Marina View

$3,500,000

8 Beds ⋅ 6 Baths ⋅ 26867229 MLS ⋅ Active Under Contract 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.