
Hermosa Beach, California 90254
This Spanish-inspired coastal residence is a Strong Value Opportunity, listed at $2,799,000—positioned well below the $2,985,720 Fair Market Value by 6%. This valuation gap provides $186,720 in Instant Equity. Maintaining a Good Condition Rating, the home features Panoramic Ocean Views, a Gourmet Kitchen, and access to 10/10 Rated Schools. With separate guest quarters for rental income, it balances luxury lifestyle with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1001 2nd Subject | $2,799,000* List Price | 5 | 4 | 2,887 | $1,034 | - |
A 640 2nd Sold | $2,400,000 | 5 | 2 | 2,352 | $1,020 | 0.2 mi |
B 2025 Prospect Avenue Sold | $2,600,000 | 4 | 3 | 2,439 | $1,066 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant updates that modernize its 1979 construction. It features a gourmet kitchen with high-end stainless steel appliances and stone countertops, updated hardwood flooring, and vaulted wood-beamed ceilings. The inclusion of modern systems such as solar power and air conditioning, along with well-maintained bathrooms and outdoor entertaining spaces, justifies a 'good' rating as it has been extensively renovated to meet current standards.
Elementary School: Hermosa View Elementary School (10/10).
The property features a multi-level roof deck offering breathtaking views from Palos Verdes to Malibu, complemented by a private courtyard and a large back patio with a fireplace for seamless indoor-outdoor entertaining.
The residence includes separate guest quarters with a private entrance, providing excellent flexibility for multi-generational living, a home office, or potential rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2887, other record living area = 2520.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3626, living area = 2887.
Built in 1979, the property may require more frequent maintenance or aesthetic updates to its original structural elements to meet the standards of modern luxury coastal builds.
Welcome to this exquisite home that exudes Spanish flair, designed with entertaining in mind and offering remarkable flexibility. As you enter, you're greeted by a lush private courtyard adorned with bougainvillea, bamboo, elegant tiles, creating an inviting atmosphere. The main living area boasts vaulted wood-beamed ceilings bathed in abundant south-facing light. Adding to the charm are the centered fireplace and large balcony that elevate the entire space. Imagine gathering with family and friends during the holidays and special family events. The Spanish character of the wood-beam ceilings carries throughout the top floor and ties in perfectly with the hardwood floors. The gourmet kitchen and dining area center the top floor and seamlessly flow to the second living space. From there indoor-outdoor living take hold with a huge back patio complete with a cozy fireplace. This part of the home is for summer barbecues and outdoor gatherings. Next you ascend to the multi-level roof deck, where panoramic ocean views from PV to Malibu provide a perfect backdrop to start or end your day. This lovely residence features a spacious primary with fireplace and walk-in closet, three large well-appointed bedrooms, and separate guest quarters with one bedroom. For those seeking even more versatility, the home can effortlessly live as a five-bedroom home, with additional living area that could be a media/game room. The guest quarters could be used for rental income, if preferred, with its separate entrance. More great amenities include a large 2-car garage plus driveway, solar power, AC, beach shower and so much more. This entertainer’s delight is located on a quiet one-way street in a desirable Hermosa Hills neighborhood. Offering easy access to a variety of shops and restaurants, it all adds up to making it your dream Hermosa Beach living experience.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-3 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 72% |
| Baths | 4.0 | 2.0 | 70% |
| Square foot | 2,887 | 2,299 | 67% |
| Lot Size | 3,626 | 3,318 | 60% |
| Price | $2.80M | $2.40M | 58% |
| Price per sq ft | $970 | $1.3K | 16% |
| Built year | 1979 | 1968 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 142 | 7% |
Mar 17, 2026
$2,799,000
Initial Listing
Dec 11, 2007
$940,000
Public Record