1202 1st Street, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 3 bed, 2 bath
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Hermosa Beach, California 90254
This Sophisticated Coastal Sanctuary is a Prime Investment Opportunity listed at $2,095,000—positioned well below the $2,161,105 Fair Market Value by 3%. This valuation gap offers $66,105 in Instant Equity for buyers. Boasting a Mint, Move-In Ready Condition following high-end renovations, the home features panoramic ocean views and a stunning rooftop deck. With rare 4-car parking and proximity to the 10/10 rated Hermosa View Elementary, it perfectly balances financial upside with an elite lifestyle. This is an ideal acquisition for Luxury Lifestyle Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1202 1st Street Subject | $2,095,000* List Price | 3 | 2 | 1,561 | $1,384 | - |
A 1210 1st Place Sold | $2,100,000 | 3 | 2 | 1,596 | $1,316 | 0.0 mi |
B 1213 14th Street Sold | $1,660,000 | 3 | 3 | 1,700 | $976 | 0.7 mi |
C 1223 19th Street Sold | $1,745,000 | 3 | 2 | 1,498 | $1,165 | 1.0 mi |
D 1002 3rd St Pending | $2,199,000 List Price | 4 | 4 | 2,000 | $1,100 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1968, the property has undergone a comprehensive high-end renovation within the last 5 years. The interior features modern wide-plank flooring, a fully remodeled kitchen with stainless steel appliances and a designer range hood, updated bathrooms, and a contemporary built-in bar area. The systems appear updated with recessed lighting and modern HVAC vents, putting the home in mint, move-in ready condition.
Elementary School: Hermosa View Elementary School (10/10).
The property boasts exceptional views spanning from Malibu to Palos Verdes, featuring a stunning rooftop deck and primary suite ocean vistas that significantly enhance its market value.
Rare for the Hermosa Beach area, this home provides parking for four vehicles—two in the garage and two in the driveway—offering a major convenience in a high-density neighborhood.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2138, living area = 1561.
With a lot size of just 2,138 square feet, the property has a very small footprint, which restricts outdoor yard space and limits potential for future expansion.
At 1,561 square feet, the interior living space is relatively modest for the $2M+ price point, which may be a drawback for buyers seeking more expansive square footage.
Incredible view from Malibu to Palos Verdes! This fabulous Hermosa Beach Hills home has been thoughtfully updated and has the best beach vibes. Open floor plan with dining room, bar area and kitchen open to the back yard which is great for entertaining every holiday or just for fun days and nights. The primary bedroom has ocean views, two spacious closets and leads to the stunning roof top deck. The upstairs bathroom has been fully remodeled and has decorative tile. The laundry is inside for convenience and there's parking for 4 cars - 2 in the garage and 2 in the driveway. The location is super close to all the best things that Hermosa has to offer and of course the award winning schools. Come live, enjoy, breathe and relax at 1202 1st Street!
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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,561 | 2,244 | 33% |
| Lot Size | 2,138 | 3,096 | 12% |
| Price | $2.10M | $2.33M | 40% |
| Price per sq ft | $1.3K | $1.3K | 51% |
| Built year | 1968 | 1968 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 142 | 5% |
Apr 1, 2026
$2,095,000
Initial Listing
Jun 29, 2017
$1,350,000
Public Record
Jul 17, 2009
$870,500
Public Record
Oct 1, 1997
$303,000
Public Record