
Hermosa Beach, California 90254
This property presents a High-Potential Investment Opportunity with a List Price of $1,750,000—positioned above the $1,590,627 Fair Market Value. While the pricing reflects the premium Hermosa Hills location, the Condition Rating of 5 signals a significant value-add project. The 4,090 sq ft corner lot and peek-a-boo ocean views provide a rare foundation for a custom luxury residence. With proximity to 10/10 rated Hermosa View Elementary, this is a strategic acquisition for Value-Add Investors or Owner-Occupants seeking to renovate and build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1402 Prospect Avenue Subject | $1,750,000* List Price | 3 | 2 | 1,197 | $1,329 | - |
A 1861 Harper Sold | $1,399,000 | 3 | 2 | 1,316 | $1,063 | 0.3 mi |
B 909 Montgomery Sold | $1,850,000 | 2 | 2 | 1,616 | $1,145 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 and held by the same family for decades, this property is over 70 years old with mostly original features. The bathroom shows dated 1950s-style tile and fixtures, and the listing description explicitly frames the home as a renovation project to 'reimagine' and 'revamp,' indicating it requires a full rehab to meet modern standards.
Elementary School: Hermosa View Elementary School (10/10).
Situated in the highly sought-after Hermosa Hills, this property offers proximity to top-rated schools, downtown Hermosa Beach, and the ocean, ensuring long-term desirability and value.
The 4,090 sq ft corner lot and original 1953 structure provide a rare 'blank canvas' opportunity for investors or homeowners to renovate, expand, or fully reimagine a custom luxury residence.
The home retains much of its original 1950s character and will likely require a substantial capital investment for modern upgrades to the kitchen, bathrooms, and major systems.
At just 1,197 square feet, the current living space is relatively small for the price point, potentially necessitating a costly expansion to meet the needs of modern families.
An great opportunity to live in the sought-after Hermosa Hills. This authentic Hermosa Beach cottage offers charm and an exceptional upside in one of the South Bay's most desirable neighborhoods. Lovingly cherished by the same family for decades, this 3-bedroom, 1.5-bath home sits on a larger 4,090 sq ft corner lot and presents a rare opportunity to reimagine, renovate, and create long-term value. Upon entering the home, you'll find abundant natural light, hardwood floors, large picture windows, and peek-a-boo ocean views creating a warm and inviting atmosphere throughout. The sunlit living room with fireplace flows easily into the dining area and a eat-in kitchen, while the home's original character and thoughtful layout provide an ideal foundation for future revamping. The generous backyard is designed for low maintenance outdoor living with hardscape, and multiple spaces for entertaining, dining, and relaxing. An attached two-car garage plus parking for two additional vehicles adds rare convenience for beach-area living. Ideally located near highly rated Hermosa Beach and Redondo Beach schools, the property is just moments from the beach, Pacific Coast Highway, and the restaurants, cafes, and boutiques of downtown Hermosa Beach. Whether restoring its classic charm, thoughtfully updating over time, or fully reimagining the property, this home presents a unique opportunity to own a well-loved coastal home with enduring potential in a premier Hermosa Beach location.
No exterior & parking available.
Grades K-3 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,197 | 2,056 | 17% |
| Lot Size | 4,060 | 3,207 | 65% |
| Price | $1.75M | $2.62M | 20% |
| Price per sq ft | $1.5K | $1.4K | 54% |
| Built year | 1953 | 1966 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 141 | 4% |
May 28, 2026
$1,750,000
Initial Listing