Hermosa Bch East (150) Homes with One Level Stories

Hermosa Bch East (150) Homes with One Level Stories

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Newest Hermosa Bch East (150) Homes with One Level Stories

$2,500,000
3 Beds 2 Baths SB26138806 MLS Active Status
This charming ocean-view beach bungalow in the heart of Hermosa Beach on a cul-de-sac street presents a warm and inviting living experience, blending comfortable interiors with generous outdoor spaces and abundant ocean breezes. Entering through the main door, the open-concept main living and dining space welcomes you with hardwood floors, abundant natural light streaming through oversized windows, and a functional layout designed for everyday living. The living and dining areas flow organically together, offering ample space for entertaining. Continuing through the home, the kitchen is outfitted with ample cabinetry, tall ceilings, and a skylight that fills the space with light looking out to the ocean. A dedicated laundry room is conveniently located nearby. Flooding the home with natural light, the central courtyard enhances the property's indoor-outdoor livability and creates a peaceful setting visible from multiple rooms throughout the home. Continuing to the rear, the sunken family room offers additional living space distinguished by wood-slatted ceilings, a fireplace, built-in cabinetry, rear-facing ocean views, and direct access to the south facing backyard. Outdoors, a spacious deck provides ample room for dining, lounging, and entertaining, complemented by a large grassy lawn, mature fruit trees and ocean views beyond. Privately positioned at the rear of the home, the primary suite serves as a peaceful retreat with direct access to the central courtyard. The suite features a large walk-in closet and a private ensuite bathroom. Two secondary bedrooms offer generous proportions and walk-in closets. Adjacent to these bedrooms, a full bathroom provides added convenience for family members and guests alike. Ideally located in the heart of Hermosa Beach, just moments from Pier Avenue, the beach, and an array of shops and restaurants, 1136 8th Street presents a rare opportunity to enjoy comfortable coastal living in one of the South Bay's most desirable communities.

1136 8th Street, Hermosa Beach

$2,450,000
6 Beds 5 Baths 26844077 MLS Active Status
PRICE REDUCED BY $345,000! Current Income Justifies the Purchase Price - Future Development Potential Comes at a Significant Discount. This is an exceptional opportunity to acquire one of the most compelling value-add and development opportunities in Hermosa Beach. The property is now offered at an attractive $765 per square foot for the existing four income-producing units and just $318 per square foot of land, representing a land basis well below current market levels. Unlike many development opportunities where buyers pay a premium for future potential, this offering makes financial sense as a stand-alone income property while providing substantial upside through future redevelopment. Investors can acquire a stabilized four-unit asset at pricing supported by today's cash flow, while effectively securing a premier Hermosa Beach development site at a significant discount to replacement and land value. According to the City, the property may accommodate the future construction of two new single-family residences with an ADU behind each home (buyer to independently verify all development potential with the City of Hermosa Beach). This creates a rare opportunity to generate rental income while preserving the flexibility to develop immediately or capitalize on future appreciation. Whether an investor is seeking stable in-place income, a long-term land hold, or an immediate development project, the property offers multiple strategies to maximize returns. Adding to its appeal, the seller may consider seller financing, creating additional flexibility for qualified buyers. Opportunities to acquire premium Hermosa Beach land with existing income, below-market land pricing, and meaningful development upside are increasingly rare. This is a unique chance to purchase an asset that works both as a cash- flow investment today and as a deeply discounted future development opportunity.

1226 Corona Street, Hermosa Beach

$2,450,000
6 Beds 5 Baths 26844081 MLS Active Status
PRICE REDUCED BY $345,000! Current Income Justifies the Purchase Price - Future Development Potential Comes at a Significant Discount. This is an exceptional opportunity to acquire one of the most compelling value-add and development opportunities in Hermosa Beach. The property is now offered at an attractive $765 per square foot for the existing four income-producing units and just $318 per square foot of land, representing a land basis well below current market levels. Unlike many development opportunities where buyers pay a premium for future potential, this offering makes financial sense as a stand-alone income property while providing substantial upside through future redevelopment. Investors can acquire a stabilized four-unit asset at pricing supported by today's cash flow, while effectively securing a premier Hermosa Beach development site at a significant discount to replacement and land value. According to the City, the property may accommodate the future construction of two new single-family residences with an ADU behind each home (buyer to independently verify all development potential with the City of Hermosa Beach). This creates a rare opportunity to generate rental income while preserving the flexibility to develop immediately or capitalize on future appreciation. Whether an investor is seeking stable in-place income, a long-term land hold, or an immediate development project, the property offers multiple strategies to maximize returns. Adding to its appeal, the seller may consider seller financing, creating additional flexibility for qualified buyers. Opportunities to acquire premium Hermosa Beach land with existing income, below-market land pricing, and meaningful development upside are increasingly rare. This is a unique chance to purchase an asset that works both as a cash- flow investment today and as a deeply discounted future development opportunity.

1224 Corona Street, Hermosa Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.