1217 24th Street, Hermosa Beach, CA 90254

Hermosa Beach
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1217 24th Street,Hermosa Beach, CA 90254
$1,699,000
  • - Beds
  • - Baths
  • 1,668 sq. ft.
  • Multi-family
  • Coming Soon
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26243177
Source:CRMLS

Price summary

  • Price:$1,699,000
  • Price per sq. ft.:$1,018.59

About this home

1217–1219 24th Street is a two-unit property (1,668 SF on a 3,002 SF lot, built 1973) with one 1-bedroom / 1-bath and one 2-bedroom / 2-bath residence. Five on-site parking spaces include a two-car garage. Larger than the typical Hermosa duplex, it suits an owner who wants to live in one residence and lease the other, or an investor seeking a well-scaled, high-demand beach asset. Unit 1 (1+1) is a fully furnished, successful operating Airbnb at $3,800 per month; Unit 2 (2+2) is delivered vacant. With both units run as Airbnbs (Unit 2 at $6,500 per month), scheduled income of $123,600 implies a 5.42% cap rate and 13.75 GRM at the $1,699,000 asking price. Hermosa Beach is one of the South Bay's most enduring residential markets. This walkable coastal city is defined by the Strand, Pier Plaza, dining, shops, and everyday amenities within minutes of the sand. Limited inventory, owner-occupier interest, and year-round visitor traffic support both long-term and short-term rental...

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Home facts

  • Year built:1973
  • Listing ID #:SB26243177
  • Updated:November 15, 2026 at 12:07 PM

Rooms and interior

  • Living area:1,668 sq. ft.

Structure and exterior

  • Year built:1973
  • Building area:1,668 sq. ft.
  • Lot area:0.07 Acres
  • Lot Features:Back Yard
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,699,000
  • Price per sq. ft.:$1,018.59
  • Tax amount:$18,689

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:5
  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:2
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