
Hermosa Beach, California 90254
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,200,000—positioned slightly above the $1,188,166 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and Corner Lot positioning offer significant upside. The potential to add a second story for panoramic views or construct an ADU provides a clear path to forced appreciation. Located near Top-Rated Schools like Hermosa View Elementary, this asset is ideal for Value-Add Investors or Owner-Occupants seeking to build long-term equity in a premier coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 117 Prospect Avenue Subject | $1,200,000* List Price | 2 | 1 | 768 | $1,547 | - |
A 1103 2nd Street Sold | $1,297,500 | 2 | 1 | 836 | $1,552 | 0.1 mi |
B 1206 1st Sold | $1,375,000 | 2 | 1 | 943 | $1,458 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, this property is well-maintained and functional but significantly dated. While the interior has been freshly painted and the flooring updated, the kitchen features older white appliances and basic cabinetry that exceed the 20-year threshold for modern standards. The listing's emphasis on 'potential to personalize' and 'adding a second story' confirms that while livable, the home's primary value is in the land and it requires a full interior/system modernization.
Elementary School: Hermosa View Elementary School (10/10).
Situated in the coveted Hermosa Hills, this property offers exceptional walkability to top-rated schools, the Greenbelt, and the dining and entertainment hub of Pier Avenue.
The corner lot positioning and existing layout provide a rare opportunity to add a second story for panoramic ocean views or convert the oversized garage into a functional ADU.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
At only 768 square feet with a single bathroom, the current living space is quite small and may require immediate expansion to suit modern buyer expectations.
Originally built in 1929, the home likely requires updates to aging systems and structural components to meet contemporary standards, despite its move-in ready appearance.
This quintessential beach cottage offers an exceptional opportunity to experience coastal living at its finest. Perfectly perched atop the coveted Hermosa Hills, this charming single-story residence features 2 bedrooms, 1 bath, a coveted corner lot, and a delightful peek-a-boo ocean view — all wrapped in timeless seaside charm. Bathed in abundant natural light, the home exudes warmth and character throughout. Whether you envision enjoying it exactly as it is or creating your dream coastal retreat, the possibilities are endless. Add a second story to capture sweeping panoramic ocean views, or transform the oversized one-car garage into a stylish ADU, private office, home gym, or creative flex space for added square footage and versatility. The inviting kitchen offers direct access to the side patio, creating the perfect setting for effortless indoor-outdoor living, al fresco dining, morning coffee, or a tranquil retreat for children and pets to play. A massive gated front yard provides even more space to expand, entertain, garden, or simply soak in the ocean breeze. Freshly painted interior and an eat-in kitchen option make this home truly move-in ready while still offering incredible potential to personalize and make it your own. Ideally located in the heart of the Hermosa Hills, you’re just moments from the Greenbelt, the beach, award-winning Hermosa schools, and vibrant Pier Avenue, where trendy restaurants, coffee shops, boutiques, and lively nightlife await. Don’t miss this rare opportunity to own your slice of the idyllic beach lifestyle in one of Hermosa Beach’s most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-3 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 1.0 | 2.5 | 11% |
| Square foot | 768 | 2,056 | 2% |
| Lot Size | 2,436 | 3,078 | 24% |
| Price | $1.20M | $2.62M | 2% |
| Price per sq ft | $1.6K | $1.4K | 63% |
| Built year | 1929 | 1966 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 141 | 4% |
May 28, 2026
$1,200,000
Initial Listing
Jul 2, 1999
$306,000
Public Record