718 Hermosa Avenue, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 0 bed, 0 bath
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Hermosa Beach, California 90254
This Coastal Income Asset is listed at $2,495,000, representing a rare acquisition in the prestigious Hermosa Bch Sand section. The price reflects the area's premium demand, positioned above the $2,265,281 Fair Market Value due to its rare Triplex Configuration and immediate rental potential from two vacant units. Boasting a Condition Rating of 5, this 1912 vintage cottage requires rehabilitation but benefits from Top-Rated Schools like Hermosa View Elementary (10/10) and a Private Patio. This is a premier opportunity for Value-Add Investors or Developers seeking a high-demand beachside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 718 Hermosa Avenue Subject | $2,395,000* List Price | 0 | 0 | 1,973 | $1,093 | - |
A 944 15th Place Active | $2,780,000 List Price | 4 | 2 | 2,064 | $1,347 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912, this property is marketed as a 'vintage' cottage and an investment/development opportunity. The age of the structure, combined with the description of it being a legal duplex configured as a triplex, suggests significant deferred maintenance, outdated systems, and a need for substantial rehabilitation to meet modern living standards.
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 in the highly coveted 'Sand' section of Hermosa Beach, the property is just steps from the ocean and within easy walking distance of the downtown pier's dining and shopping.
With both studio units delivered vacant, the property offers an immediate opportunity for market-rate leasing, owner-occupancy, or redevelopment without the complexity of tenant relocation.
Built in 1912, the vintage structure likely requires substantial capital expenditure for modern upgrades, structural maintenance, and system replacements to meet current standards.
Being a legal duplex configured as a triplex may present challenges with financing, appraisals, and future permitting if the city requires the unit count to be reconciled.
718 Hermosa Avenue offers a classic Hermosa Beach investment opportunity just steps from the sand and a short walk to downtown Hermosa and the Pier. The property consists of three units: a 2br/1ba unit and two studio units. A legal duplex configured as a triplex, 718 Hermosa provides flexible ownership and income possibilities. BOTH STUDIO UNITS WILL BE DELIVERED VACANT, creating an immediate opportunity for an investor, developer, or an owner-user beach retreat with rental income. The property retains its vintage California beach cottage character. Located just moments from the beach and within easy reach of Hermosa’s restaurants, shops, and vibrant pier area, 718 Hermosa Ave presents a rare chance to acquire a versatile coastal property with both current income and long-term potential in one of the South Bay’s most sought-after neighborhoods.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,973 | 1,711.5 | 63% |
| Lot Size | 2,996 | 2,464 | 75% |
| Price | $2.40M | $2.26M | 50% |
| Price per sq ft | $1.2K | $1.2K | 38% |
| Built year | 1912 | 1922 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 130 | 25% |
Apr 4, 2026
$2,395,000
$2,495,000
-4% Price Drop
Initial Listing
Mar 6, 2026
$2,495,000
Initial Listing
May 9, 2022
$2,350,000
Public Record