$2,195,000
-$150,000718 Hermosa Avenue, Hermosa Beach CA 90254
Multi-Family (Triplex)
Property type
91 days
On market
$1,113
Price per sqft
0 cars
Garage
1912
Year built
2,996 sqft
Lot size
Open Houses
Overview
718 Hermosa Avenue offers a classic Hermosa Beach investment opportunity just steps from the sand and a short walk to downtown Hermosa and the Pier. The property consists of three units: a 2br/1ba unit and two studio units. A legal duplex configured as a triplex, 718 Hermosa provides flexible ownership and income possibilities. BOTH STUDIO UNITS WILL BE DELIVERED VACANT,...
Listing provided by: Ryan Bunke DRE #02083042 310-386-1723, DOMO Real Estate, Greg Geilman DRE #01788567 310-251-7725, DOMO Real Estate
Listing updated: May 21, 2026 at 01:38am.
Last checked: Jun 3, 2026 at 06:01pm
Source: CRMLS #SB26048465
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $3,995 | $3,995 | $4,000 | Unfurnished |
| 1 | 0 | 1 | — | $0 | $0 | $2,500 | Unfurnished |
| 1 | 0 | 1 | — | $0 | $0 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
20.3x
List Price / Annual Gross Rent
Cap Rate
4.84%
NOI / List Price
Gross Scheduled Income: $108,000
Vacancy Allowance Rate: 66%
Operating Expense: $1,710
Net Operating Income: $106,290
Annual Operating Expenses
Electric: $581
Fuel: $517
Insurance: $3,000
Trash: $306
Water / Sewer: $306
Interior
Room Type: Kitchen, Living Room
Cooling: None
Laundry: Inside
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Near Public Transit, Rectangular Lot, Street Level, Value In Land
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: None
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4187021040
Additional Parcels: No
Tax Lot: 9
Tax Block: 37
Community
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks, Urban
Nearby Schools
Nearby schools around the 718 Hermosa Avenue, Hermosa Beach, CA 90254. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,756,000
Total Interest
$2,239,681
Total Payment
$3,995,681
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,536
per month
Property History for 718 Hermosa Avenue
Hermosa Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90254.
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