Listed by ADW Management USA, Inc.
$4,200,000
838 Cypress
Details
APN 4187014052
Property Type Multifamily
Sub Type Apartment Building
Units 10
Cap Rate 4.01%
Buildings 2
Acreage 0.145
Zoning Assessor
Multifamily | 4.01% CAP | 10 Units
Marketing description
838 Cypress Avenue is a two-building structure that has a total of 10 studio units (4 units in the front building and 6 units in the rear building). This property is an exceptional investment opportunity in one of Hermosa Beach's most desirable neighborhoods. Perfectly positioned west of Pacific Coast Highway, 838 Cypress Avenue offers an unbeatable coastal lifestyle just blocks from the sand, surf, and vibrant downtown. Everyday conveniences are just minutes away, including grocery stores, coffee shops, pharmacies, and local services. Outdoor enthusiasts will appreciate nearby parks, the Greenbelt walking trail, and numerous recreational opportunities throughout the South Bay. The property is served by the highly regarded Hermosa Beach City School District, with Hermosa View School and Hermosa Valley School nearby, making the location attractive to a wide range of tenants and residents. Whether you're seeking a long-term investment or an exceptional coastal asset, 838 Cypress Avenue combines an irreplaceable beach location with outstanding lifestyle amenities in one of Southern California's premier seaside communities.This property has had its front building deck/roof replaced in November 2025 and is in full compliance with the SB -721 Ordinance.
Listing Contacts
Listed by ADW Management USA, Inc.
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