563 2nd Street, Hermosa Beach, CA 90254
Local realty services provided by:ERA North Orange County Real Estate
563 2nd Street,Hermosa Beach, CA 90254
$1,749,000
- 2 Beds
- 3 Baths
- 1,145 sq. ft.
- Multi-family
- Active
Listed by: gianluca jacoli
Office: shield cre, inc.
MLS#:26647449
Source:CRMLS
Price summary
- Price:$1,749,000
- Price per sq. ft.:$1,527.51
About this home
TRIPLEX PROPERTY COMPRISED OF (1) 1-BEDROOM/1-BATHROOM UNIT, (1) STUDIO/1-BATHROOM UNITS & (1) 1-BEDROOM/1-BATHROOM PLUS DECK. Discover this exceptional triplex in the heart of Hermosa Beach, California, perfectly positioned just a few blocks from The Strand and the shimmering Pacific Ocean, embodying the essence of coastal luxury living. As a prime investment opportunity, this versatile asset offers strong potential for owner-occupancy, allowing you to reside in one unit while generating income from the others. With outstanding potential for Accessory Dwelling Units (ADUs), buyers can explore adding extra rentals to significantly boost revenue though verification of feasibility is advised. Benefiting from favorable rent regulations, the property is exempt from Los Angeles City rent control and falls under AB 1482, enabling attractive annual rent increases to maximize returns. Its eligibility for standard residential financing makes it accessible to a broad spectrum of buyers, simplifying acquisition. Currently delivering robust income with a 2.84% cap rate and 21.66 GRM, it promises even greater upside through pro-forma projections of a 3.71% cap rate. The location's exceptional market appeal shines with proximity to King Harbor, Hermosa Beach Pier, Redondo Beach Pier, and vibrant Pier Avenue, providing endless beachside dining, shopping, and recreational options. Inside, enjoy modern amenities like a fully renovated studio unit and Unit C's private deck for enhanced comfort. Practical features include a spacious 2-car garage for secure parking and on-site laundry facilities that generate an additional $200 per month in passive income. This triplex combines immediate cash flow, growth potential, and an unbeatable seaside lifestyle - don't miss out on this Hermosa Beach gem.
Contact an agent
Home facts
- Year built:1918
- Listing ID #:26647449
- Added:159 day(s) ago
- Updated:February 16, 2026 at 02:31 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Living area:1,145 sq. ft.
Structure and exterior
- Year built:1918
- Building area:1,145 sq. ft.
- Lot area:0.06 Acres
Finances and disclosures
- Price:$1,749,000
- Price per sq. ft.:$1,527.51
New listings near 563 2nd Street
- New
$1,875,000Active4 beds 3 baths2,299 sq. ft.1306 Corona, Hermosa Beach, CA 90254
MLS# SB26031657Listed by: ESTATE PROPERTIES - New
$2,599,000Active3 beds 4 baths2,766 sq. ft.867 Aubrey Court #1, Hermosa Beach, CA 90254
MLS# PV26032510Listed by: BEACH CITY BROKERS - New
$4,950,000Active4 beds 5 baths2,740 sq. ft.626 Longfellow, Hermosa Beach, CA 90254
MLS# PV26032525Listed by: VISTA SOTHEBY'S INTERNATIONAL REALTY
$2,699,000Pending3 beds 2 baths1720 Manhattan, Hermosa Beach, CA 90254
MLS# SB26023946Listed by: STRAND HILL PROPERTIES
$2,699,000Pending3 beds 2 baths1,218 sq. ft.1720 Manhattan, Hermosa Beach, CA 90254
MLS# SB26024015Listed by: STRAND HILL PROPERTIES
$2,699,000Pending3 beds 2 baths1,218 sq. ft.1720 Manhattan, Hermosa Beach, CA 90254
MLS# SB26024015Listed by: STRAND HILL PROPERTIES- New
$1,299,000Active2 beds 1 baths836 sq. ft.1103 2nd Street, Hermosa Beach, CA 90254
MLS# SB26019222Listed by: ESTATE PROPERTIES
$4,500,000Active4 beds 5 baths2,550 sq. ft.28 10th Ct (9th St Walkstreet), Hermosa Beach, CA 90254
MLS# SB26024170Listed by: EXP REALTY OF CALIFORNIA INC
$4,500,000Active4 beds 5 baths2,550 sq. ft.28 10th Ct (9th St Walkstreet), Hermosa Beach, CA 90254
MLS# SB26024170Listed by: EXP REALTY OF CALIFORNIA INC
$4,500,000Active4 beds 5 baths2,550 sq. ft.28 10th Ct (9th St Walkstreet), Hermosa Beach, CA 90254
MLS# SB26024170Listed by: EXP REALTY OF CALIFORNIA INC