$4,759,000
-$240,000521 24th Place, Hermosa Beach CA 90254
Multi-Family (Duplex)
Property type
125 days
On market
$1,430
Price per sqft
2 cars
Garage
2013
Year built
6,251 sqft
Lot size
Home highlights
Open Houses
Overview
Coastal Living, Redefined — Two Distinct Homes in the Coveted Sand Section of North Hermosa Beach. An exceptional opportunity awaits just steps from the sand, Valley Park, and the vibrant energy of Pier Avenue. Situated on an expansive 6,251 sq ft lot in one of the most desirable pockets of North Hermosa Beach, this unique property features two beautifully crafted residences...
Listing provided by: David Caskey DRE #01198999 310-200-1960, eXp Realty of California Inc, Holly Messer DRE #01847879, eXp Realty of California, Inc.
Listing updated: Apr 17, 2026 at 11:22pm.
Last checked: Jun 4, 2026 at 09:01pm
Source: CRMLS #SB26023043
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 6 | 5 | 1 | $20,000 | $20,000 | $25,000 | Negotiable |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Dishwasher: 2
Ranges: 2
Refrigerator: 2
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
19.8x
List Price / Annual Gross Rent
Cap Rate
5.04%
NOI / List Price
Gross Scheduled Income: $240,000
Operating Expense: $1
Net Operating Income: $240,000
Annual Operating Expenses
Electric: $1
Fuel: $1
Insurance: $1
Trash: $1
Water / Sewer: $1
Interior
Interior Features: Balcony, Ceiling Fans, Furnished, Main Floor Bedroom, Jack And Jill Bath, Primary Suite, Walk-in Pantry, Walk-in Closets
Room Type: Bathroom, Bedroom, Entry Foyer, Family Room, Great Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Pantry
Flooring: Tile, Wood
Cooling: None
Heating: Central
Appliances: Built In Range, Dishwasher, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater, Water Heater, Dryer, Washer
Fireplace: Living Room
Laundry: In Garage, Dryer Included, Washer Included
Entry Location: 1
Exterior
Architectural Style: Craftsman
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre, Landscaped, Near Park
Pool: None
Fencing: Wood
Water Source: Public
Sewer: Public Sewer
View: Neighborhood
Garage and Parking
Parking: Driveway Level, Driveway, Garage Faces Front, Garage
Garage Spaces: 2
Uncovered Spaces: 4
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4182026022
Additional Parcels: No
Tax Lot: 12
Tax Block: 2
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Storm Drains, Street Lights, Park
Nearby Schools
Nearby schools around the 521 24th Place, Hermosa Beach, CA 90254. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,807,200
Total Interest
$4,855,874
Total Payment
$8,663,074
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$29,171
per month
Property History for 521 24th Place
Hermosa Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90254.
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