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1702 Hermosa Avenue, Hermosa Beach, CA 90254
Priced at Only: $9,995,000
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Address: 1702 Hermosa Avenue, Hermosa Beach, CA 90254
Property Location and Similar Properties
- MLS#: OC26003055 ( Apartment )
- Street Address: 1702 Hermosa Avenue
- Viewed: 3
- Price: $9,995,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1953
- Bldg sqft: 0
- Days On Market: 26
- Additional Information
- County: LOS ANGELES
- City: Hermosa Beach
- Zipcode: 90254
- Provided by: Kidder Mathews of California, Inc
- Contact: Jonathan Jonathan

- DMCA Notice
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Description1702 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 Avenues renowned dining and retail
Features
Association Fee
- 0.00
Building Area Total
- 5520.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Country
- US
Days On Market
- 19
Electric Expense
- 2957.00
Entry Location
- Street & Alley
Garage Rental Rate
- 0.00
Garage Spaces
- 9.00
Insurance Expense
- 5873.00
Laundry Equipment Own Lease
- Lease
Laundry Features
- Common Area
- Community
Laundry Income
- 1736.00
Levels
- Three Or More
Lockboxtype
- None
Lot Features
- 6-10 Units/Acre
Netoperatingincome
- 231005.00
Newtaxesexpense
- 109989.00
Number Of Separate Electric Meters
- 10
Number Of Separate Gas Meters
- 10
Number With Disposal
- 10
Number With Range
- 10
Number Wit Hrefrigerator
- 10
Otherexpense
- 9311.00
Parcel Number
- 4183010011
Parking Features
- Assigned
Pest Control Expense
- 600.00
Pool Features
- None
Professionalmanagementexpense
- 11641.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 454157923:CRM
Taxblock
- 32
Tenant Pays
- Cable TV
- Electricity
- Gas
Totalactualrent
- 32572.00
Totalexpenses
- 153794.00
Trash Expense
- 5112.00
Uncovered Spaces
- 0.00
Vacancyallowance
- 7818
Water Sewer Expense
- 4711.00
Water Source
- Public
Year Built
- 1953
Year Built Source
- Public Records
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com











