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Millman Team Real Estate

$8,995,000
0.11 Acre Lot

1702 Hermosa Avenue, Hermosa Beach, California 90254

  • Residential Income Property Type
  • Assigned Cars Garage
  • 1953 Year Built
Property Description

***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

Basic Details
Residential Income
For Sale
OC26003055
$8,995,000
1953
0.11 Acre
Active
1
Apartment
Features
: None
: Assigned
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Hermosa Beach
90254
Hermosa
1702
Avenue
W119° 35' 57.3''
N33° 51' 57.9''
West of PCH & North of Pier Ave
148 - Hermosa Bch Sand
Additional Information
$0
$0
$0
$0
$0
5520
: Sidewalks, Street Lights, Curbs, Biking, Dog Park, Storm Drain(s), Golf, Fishing
1
9.0
: Three Or More
: 6-10 Units/Acre
10
2026-01-06
9995000
3
: Public
Broker/Agent Information
Kidder Mathews of California, Inc
Jonathan Mitchell
Listing Information
SMITCJON
OC07007
Cash, Cash to New Loan
Active
2026-06-24T22:41:51Z
CRMLS
: Standard
2026-01-06T12:42:16Z
Agent info
Ray Millman
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