944 15th Place, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 4 bed, 2 bath
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Hermosa Beach, California 90254
This Turnkey Coastal Duplex is a Strong Value Opportunity, listed at $2,780,000—positioned well below the $2,996,576 Fair Market Value by 7%. This valuation gap provides $216,576 in Instant Equity. Boasting a Condition Rating of 2, the home offers a modern lifestyle with vaulted wood-beam ceilings and peek-a-boo ocean views. Located in the Hermosa School District near the 10/10 rated Hermosa View Elementary, the detached three-car garage offers a significant value-add opportunity. This is a premier acquisition for Owner-Occupants or Buy-and-Hold Investors.
Property is new construction or fully renovated.
This property has undergone a comprehensive and high-quality renovation within the last 5 years, effectively bringing it to current market standards. The kitchens feature brand-new stainless steel appliances, modern white cabinetry, and stone countertops with large islands. Bathrooms are fully updated with contemporary marble-patterned tiling, walk-in showers, and new vanities. The interior showcases vaulted wood-beam ceilings, new wide-plank flooring, recessed lighting, and updated windows, making it a completely turnkey, move-in-ready duplex.
Elementary School: Hermosa View Elementary School (10/10).
The property is a legally converted duplex that can easily function as a single-family residence or two separate income-producing units, offering maximum flexibility for owner-users or investors.
A detached three-car garage provides a significant opportunity to build a third unit above, potentially increasing rental income and capturing enhanced ocean views.
While the property offers ocean views, they are characterized as 'peek-a-boo,' which may not meet the expectations of buyers seeking unobstructed panoramic coastal vistas at this price point.
Each unit contains only one bathroom and two bedrooms, which may limit appeal for larger families or tenants looking for more expansive living quarters or primary suites.
Fully renovated duplex with peek-a-boo ocean views, tucked away on a quiet street just moments from the beach and Hermosa Pier. 944 15th Street offers an ideal blend of privacy and access in one of Hermosa’s most desirable locations. The current owner completed a legal conversion to a duplex, creating two beautifully updated units, each featuring two bedrooms, one bathroom, brand new appliances, in-unit washer and dryer, and separate addresses (944 and 946). The upper unit enjoys vaulted ceilings and an ocean-view balcony, while the lower unit opens to a private courtyard. Though the units are fully distinct, a locking security door by the staircase can be unlocked to allow for use as a single family home. A detached three-car garage presents a compelling value-add opportunity, with potential to build a third unit above (buyer to verify with the city), possibly capturing additional ocean views. Fantastic opportunity for owner-user as a primary residence or vacation home, or an investor looking for stable income in one of Southern California's best beach communities.
No exterior & parking available.
Grades K-3 • 0.1 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 1.5 | 63% |
| Baths | 2.0 | 1.0 | 50% |
| Square foot | 2,064 | 1,711.5 | 75% |
| Lot Size | 3,501 | 2,464 | 75% |
| Price | $2.48M | $2.27M | 63% |
| Price per sq ft | $1.2K | $1.2K | 38% |
| Built year | 1960 | 1938 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 130 | 25% |
Apr 14, 2026
$2,480,000
$2,780,000
-11% Price Drop
Initial Listing
Apr 2, 2026
$2,780,000
Initial Listing
Dec 22, 2023
$1,870,000
Public Record