1206 1st, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 2 bed, 1 bath

1206 1st, Hermosa Beach, California 90254 home-pic-0

1206 1st

Hermosa Beach, California 90254

ACTIVE
CONDITION: GOOD
2Beds
1Baths
943Sq Ft
2,110Lot Size

Property Price

LIST PRICE$1,299,000
EST. MARKET VALUE
$1,367,886
5% BelowMARKET VALUE

SUMMARY

Analysis of 1206 1st, Hermosa Beach, California 90254 reveals a Prime Investment Opportunity with a current list price of $1,299,000—significantly undercutting the $1,367,886 Fair Market Value by 5%. This valuation gap indicates a +$68,886 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Hermosa Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,367,886 +$68,886 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Hermosa Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1206 1st
Subject
$1,299,000*
List Price
21943$1,451-
A
1145 6th
Sold
$1,580,000321,000$1,5800.3 mi
B
1287 7th
Sold
$1,455,000321,275$1,1410.4 mi
C
1103 2nd Street
Active Under Contract
$1,299,000
List Price
21836$1,5540.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and benefits from recent high-impact cosmetic updates, including new luxury vinyl plank flooring, new carpeting, and fresh interior paint. While the kitchen retains a more traditional style with older wood-stained cabinets and tile countertops, the overall maintenance is excellent for a 1954 build. The addition of a new irrigation system, refreshed landscaping, and the functional condition of the spacious deck and fireplace make it a well-maintained, turnkey entry-level home.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Hermosa View Elementary School (10/10).

  • Exceptional Market Value

    Positioned as the most competitively priced single-family home in Hermosa Beach, this property offers a rare entry-level opportunity into a prestigious coastal zip code at a significant discount compared to local market averages.

  • Turnkey Cosmetic Upgrades

    The home features recent high-impact improvements, including new luxury vinyl plank flooring, fresh interior paint, and professional landscaping with a new irrigation system, providing a move-in-ready experience for the buyer.

CONSRISKS & DEFICIENCIES

  • Compact Living Footprint

    At just 943 square feet with a single bathroom, the home's small scale and 1950s layout may be restrictive for growing families or those requiring modern primary suite amenities.

  • Limited Parking and Storage

    The inclusion of only a one-car garage may present logistical challenges for multi-vehicle households, especially in a beach community where street parking can be highly competitive.

About 1206 1st

Too precious!! The most reasonably priced Single Family Home in Hermosa Beach By half a million dollars, but you wouldn't know it by looking at it. Ideally positioned in a charming Hermosa Beach hillside neighborhood, this beautifully maintained 2-bedroom, 1-bath residence captures refreshing ocean breezes and an abundance of natural light throughout. Recently upgraded with new carpet and luxury vinyl plank flooring, new interior paint, new door hardware, refreshed landscaping and a new irrigation system, this is white picket perfection for an entry level Buyer in this prestigious zip code. The living room is really spacious, and has a wood-burning brick fireplace with raised hearth. The kitchen has an abundance of wood stained cabinets , an eat-in nook, free-standing range.oven, dishwasher and refrigerator. This house is waiting only for your touches to make iit your home. So many possibilities. You can enjoy ocean views and sunsets from the spacious elevated rear deck, as you contemplate those personal touches. Or relax in the grassy private front yard, calming and relaxing. This home is serviced by a spacious 1-car garage, and this location is only minutes from the Beach, shopping, restaurants, and major transportation. You can afford a home at the Beach!!!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1954
Lot Size
2,110 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Hermosa Beach Unified Schools

Beryl Heights Elementary School

Grades K-5 • 0.3 mi

8/10

Jefferson Elementary School

Grades K-5 • 0.4 mi

8/10

Hermosa View Elementary School

Grades K-3 • 0.9 mi

10/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
14%
Baths1.02.0
14%
Square foot9432,172
5%
Lot Size2,1102,847
11%
Price$1.30M$2.40M
5%
Price per sq ft$1.4K$1.3K
54%
Built year19541965
41%
HOA$0$0
50%
Days on market8170
3%

Pricing History

Listed for Sale

Feb 26, 2026

$1,299,000

Initial Listing

Sold

Dec 31, 2020

$1,070,500

Public Record

Sold

Dec 6, 2004

$650,000

Public Record

Sold

Oct 30, 1996

$225,000

Public Record

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