918 3rd Street, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 3 bed, 3 bath
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Hermosa Beach, California 90254
This Design-Forward Coastal Residence is a Strong Value Opportunity, listed at $2,199,000—positioned well below the $2,356,915 Fair Market Value by 6%. This valuation gap offers $157,915 in Instant Equity. Featuring a Condition Rating of 2, the home includes a private guest studio and elevated decks with Ocean and Malibu Hill Views. Located in the Manhattan Unified School District near top-rated schools, this property is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Investors looking for long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 918 3rd Street Subject | $2,270,000 | 3 | 3 | 1,609 | $1,465 | - |
A 1147 7th Street Sold | $2,415,000 | 3 | 2 | 1,524 | $1,585 | 0.3 mi |
B 1133 8th Street Sold | $2,300,000 | 3 | 2 | 1,440 | $1,597 | 0.4 mi |
C 1223 19th Street Sold | $1,745,000 | 3 | 2 | 1,498 | $1,165 | 0.9 mi |
D 1145 6th Sold | $1,580,000 | 3 | 2 | 1,000 | $1,580 | 0.2 mi |
E 922 15th Pending | $2,395,000 List Price | 3 | 2 | 2,026 | $1,182 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a complete rebuild featuring high-end, modern finishes throughout. The kitchen and bathrooms are in mint condition with designer cabinetry and custom tile. All major systems have been recently upgraded, including electrical, plumbing, central air conditioning, and a newer roof, meeting the criteria for a top-tier rating.
Elementary School: Hermosa View Elementary School (10/10).
The property features a main residence, a private guest studio with a kitchenette, and a finished bonus space, offering exceptional flexibility for multi-generational living, rental income, or a dedicated home office.
Completely rebuilt with high-end finishes, the home includes essential modern upgrades such as central air conditioning, updated electrical and plumbing, and a newer roof, ensuring lower immediate maintenance costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1609, other record living area = 843. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The total 1,609 square feet is divided across different levels and separate structures, which may feel disconnected for buyers seeking a traditional, contiguous single-family floor plan.
With the main level offering only 1,038 square feet for the primary two-bedroom living space, the home may feel undersized for families or those accustomed to more spacious common areas.
Tucked into a lush, private setting just moments from the beach, this completely rebuilt Hermosa Beach home offers a rare blend of design, flexibility, and indoor/outdoor living. The main level offers 2 bedrooms and 2 bathrooms across 1,038 sq ft, featuring an open-concept layout filled with natural light through custom wood-clad Milgard windows and louvre windows. The living room enjoys peek ocean views and Malibu hill vistas, while real hardwood floors, custom cement tile, reclaimed wood doors, and Indonesian-imported hardware create a rich, design-forward aesthetic throughout. Expansive cantina doors open to a lush rear deck, creating seamless indoor/outdoor living surrounded by mature greenery—ideal for entertaining or everyday relaxation. Above, an elevated deck captures more expansive ocean views and sweeping Malibu hill views, offering a true coastal vantage point. The lower level includes a private guest studio (approx. 394 sq ft) with its own kitchenette and bathroom, providing excellent flexibility for guests, extended stays, or work-from-home needs. A finished bonus space (approx. 177 sq ft) off the garage adds additional versatility for office, gym, or creative use. Situated on a generous 4,523 sq ft lot, the property offers potential for future expansion, including the possibility of adding square footage or an ADU (buyer to verify). Recent improvements include upgraded electrical and plumbing, central air conditioning, a newer roof, and gutter systems with protective screens. With 3-car parking and a premier Hermosa Beach location just moments from the beach, shops, and restaurants, this is a rare opportunity to own a truly unique, design-forward property with both lifestyle and long-term potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-3 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,609 | 2,112 | 37% |
| Lot Size | 4,523 | 3,318 | 69% |
| Price | $2.27M | $2.65M | 39% |
| Price per sq ft | $1.4K | $1.4K | 49% |
| Built year | 1949 | 1965 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 144 | 16% |
May 13, 2026
$2,199,000
Initial Listing
Mar 9, 2017
$1,235,000
Public Record