

10 Pride of Ownership Units with Ocean Views
Multifamily | 10 Units | $899,500/unit
Marketing description
Investment highlights
$1,000,000 Price Reduction
Rare Oceanview Income Property on Hermosa Avenue
6 Two Bedroom & 4 One Bedroom Units bedroom units
7 Garages totaling 9 parking spaces
Iconic Hermosa Avenue Location
Complete Rehab & Renovation of Exterior & Interior in 2025
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.
Priced well below Hermosa Beach condominium & single-family homes located in a high-barrierto-entry market with exceptional tenant demand and limited multifamily inventory.
This is not just real estate; it is a legacy opportunity to acquire luxurious apartments in L.A.'s most iconic coastal neighborhood.
Minutes from the ocean and within walking distance to high-end shopping, dining, hotels, entertainment, outdoor recreation, and attractions.
Nearby affluent communities include Redondo Beach, Manhattan Beach, and Palos Verdes among other beach communities.
Centrally located, the property offers tenants excellent regional access. It has been a preferred resort destination for more than a century.
The Hermosa Beach Pier is at the end of Pier Avenue, which is one of the beach community's main shopping, dining, and entertainment areas
CCTV & controlled electric access
Excellent tenant profile & well managed
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