415 2nd, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 3 bed, 3 bath
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415 2nd
Hermosa Beach, California 90254
ACTIVE
CONDITION: POOR
3Beds
3Baths
1,840Sq Ft
1,180Lot Size
Property Price
LIST PRICE$1,699,000
EST. MARKET VALUE
$1,763,482
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,699,000—positioned well below the $1,763,482 Fair Market Value by 3%. This valuation gap offers $64,482 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full interior renovation, offering significant upside in the coveted Hermosa Beach sand section. Featuring an attached 3-car garage and proximity to top-rated schools, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build long-term value.
Estimated Market Value
$1,763,482+$64,482 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Hermosa Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 415 2nd Subject | $1,699,000* List Price | 3 | 3 | 1,840 | $958 | - |
A 437 2nd Active | $1,950,000 List Price | 4 | 3 | 1,840 | $1,060 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1971 and not traded since 1978, this property is over 50 years old and likely retains original systems, kitchen, and baths. The listing description explicitly identifies it as a fixer-upper opportunity ('bring your vision'), and interior photos show dated elements like popcorn ceilings and older built-ins, indicating a need for a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
- Prime Sand Section Location
Situated just steps from the beach and adjacent to South Park, this property offers the quintessential coastal lifestyle in one of Hermosa Beach's most coveted neighborhoods.
- Exceptional Parking and Storage
The rare inclusion of an attached 3-car garage provides significant convenience and utility, a premium feature that is difficult to find in the densely populated sand section.
CONSRISKS & DEFICIENCIES
- Dated Interior Condition
Having been held by the same owner for over 45 years, the property likely requires a substantial capital investment to update systems and finishes to modern standards.
- Townhome Ownership Constraints
As a townhouse with shared walls and a $400 monthly HOA fee, the property offers less privacy and autonomy over exterior modifications compared to a detached single-family home.
About 415 2nd
Great opportunity in the heart of Hermosa Beach! This spacious 3-bedroom, 2.5-bathroom townhome offers approximately 1,840 sq. ft. of living space and an excellent opportunity for a buyer looking to create their ideal beach home. All three bedrooms are located upstairs, along with a unique upstairs atrium that brings additional light and character to the home. First time in the market since 1978, making it a great opportunity for someone looking to add their own personal style and value. HOA includes water, insurance, landscaping, heated pool & spa Located just steps from the beach and close to South Park, this home offers the quintessential Hermosa Beach lifestyle with an unbeatable location. With its generous size, desirable 3-bedroom layout, attached 3 car parking garage and plenty of storage and proximity to the ocean, this home represents an exceptional value for the price and a rare opportunity to own in Hermosa Beach sand section Bring your vision and make this beach townhome your own! Adjacent to South Park and just a few blocks from the sand. Blue ribbon hermosa beach school district
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1971
- Lot Size
- 1,180 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400.0 / Month
Neighborhood Insights
Hermosa Beach Unified Schools
Hermosa View Elementary School
Grades K-3 • 0.9 mi
10/10
Opal Robinson Elementary School
Grades K-5 • 1.6 mi
9/10
Hermosa Valley Elementary School
Grades 4-8 • 0.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.6 |
| Square foot | 1,840 | 2,320.143 |
| Lot Size | 1,180 | 4,426.929 |
| Price | $1.70M | $2.59M |
| Price per sq ft | $923 | $1.0K |
| Built year | 1971 | 2008 |
| HOA | $400.0 | $329 |
| Days on market | 21 | 58 |
Pricing History
Listed for Sale
Aug 19, 2026
$1,699,000
Initial Listing