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Hermosa Beach, CA

$8,995,000

1702 Hermosa Avenue, Hermosa Beach, CA
1953
Built
169
Days listed

About this home

***Price Reduced $1,000,000***1702 Hermosa Avenue is an exceptional ocean view 10-unit property located in highly sought-after Hermosa Beach. It is rare to encounter an opportunity to acquire a “to the studs” fully remodeled property spanning ±5,520 rentable square feet that includes fourteen bedrooms and ten bathrooms with ocean Views, under $10M on this prime stretch of Hermosa Avenue. Fully renovated from top to bottom, this property highlights meticulous diligence, including all visible elements, plumbing, electrical, landscaping, hardscaping, modern architecture, and more. Perched on an elevated parcel with sweeping ocean views, breezes, this gem provides easy walkable access to Pier Avenue with its vibrant restaurants, shops, bars, and cafes. 1702 Hermosa Ave defines Southern California coastal living and investing at its finest. Its desirable breathtaking ocean views from six of the ten units provide the epitome of the Southern California beach lifestyle. A high walking score of 95 from WalkScore.com, this remarkable income property offers excellent investment potential. 1702 Hermosa Avenue is a one-of-a-kind property that rarely appears in the market in its location. Its versatility, stunning views, and unmatched location make it an irresistible opportunity for discerning buyers, investors, or those seeking a turnkey and fully renovated asset with ocean views. Rare Oceanview Income Property on Hermosa Avenue. • 6 Two Bedroom & 4 One Bedroom Units • 7 Garages totaling 9 parking spaces • Complete Rehab & Renovation of Exterior & Interior • New: Roof, Plumbing, Sub-Panels, Water Heaters, Kitchens, Bathrooms, Appliances Wiring, Windows & More • Current Monthly Income of $33k per Month • Ocean views and minutes to sand, surf, and Pier Avenue’s renowned dining and retail

Facts & features

Interior
Laundry
Common Area
Levels
Three Or More
Exterior & lot
Lot size
0.113 acres (4,931 sq ft)
Pool
None
Year built
1953
Parking
Assigned
Parking spaces
9
Community
Area
148 - Hermosa Bch Sand
County
Los Angeles
Community features
Biking, Curbs, Dog Park, Fishing, Golf, Storm Drains, Street Lights, Sidewalks
Listing details
Status
Active
Property type
Apartment
Days on market
169
Listed
2026-01-02
Original price
$9,995,000
Terms
Cash, Cash To New Loan
Parcel #
4183010011
MLS #
OC26003055
Listed by
Jonathan Mitchell · Kidder Mathews of California, Inc

Location

Price history

Listed
$9,995,000 · 2026-01-02
Price reduced
$8,995,000 (−$1,000,000)
Days on market
169
Current price
$8,995,000
Financing

Could this home be yours?

Estimated monthly payment
$56,428
$45,484 principal & interest · $10,944 taxes & insurance
$1,799,000
Estimate only
Loan $7,196,000

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Listing data provided by CRMLS

Listing courtesy of Kidder Mathews of California, Inc. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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1702 Hermosa Avenue, Hermosa Beach, CA — $8,995,000 | Your Agent