
Hermosa Beach, California 90254
This Strong Value Opportunity is a Triplex listed at $2,650,000—positioned well below the $2,924,740 Fair Market Value by 9%. This valuation gap offers $274,740 in Instant Equity. Featuring a remodeled front bungalow with a private deck and an Excellent Condition Rating, the property sits in a top-tier school district, including Hermosa View Elementary (10/10). This is a premier asset for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand coastal location with significant long-term development potential.
Property is new construction or fully renovated.
While originally built in 1939, the property has undergone a high-end, comprehensive remodel within the last 5 years. The interior features a modern kitchen with quartz countertops, stainless steel appliances, and subway tile, along with recessed lighting, updated flooring, and mint-condition finishes throughout, making it move-in ready with no immediate maintenance required.
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Situated just two blocks from the ocean in the highly coveted Hermosa Beach Sand section, this property offers an unbeatable lifestyle and high rental demand.
Occupying a full lot, this triplex provides a rare opportunity for future high-end redevelopment in one of Southern California's most premium coastal markets.
Originally built in 1939, the property may require ongoing maintenance or significant upgrades to aging systems despite recent cosmetic improvements.
With only three parking spaces shared among three units, parking availability may be a challenge for multiple tenants and guests in this high-density beach neighborhood.
Fantastic updated triplex in the heart of Hermosa Beach two blocks from the ocean. The front unit features 2 bedrooms and 1 1/2 baths and is beautifully remodeled while still retaining the character and charm of a classic beach bungalow. The welcoming front porch leads into an open layout featuring a light-filled spacious kitchen, dining nook and cozy living room with wood floors throughout. French doors across the back of the kitchen provide abundant natural light and access to a private deck. The two bedrooms are situated on each side of the full bathroom while an alcove off the kitchen provides additional storage space and exterior access. Two additional units are in the detached rear building- a 1 bedroom, 1 bath apartment and a studio, both with recent improvements. Three parking spaces in total. The property sits on a full lot, making it an incredible investment opportunity for future development.
No exterior & parking available.
Grades K-3 • 0.8 mi
Grades K-5 • 1.4 mi
Grades 4-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,981 | - |
| Lot Size | 2,994 | - |
| Price | $2.65M | $2.42M |
| Price per sq ft | $1.3K | $1.6K |
| Built year | 1939 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 59 |
Jul 9, 2026
$2,650,000
Initial Listing
May 29, 1996
$414,000
Public Record