563 2nd Street, Hermosa Beach, CA 90254

Local realty services provided by:ERA Carlile Realty Group
563 2nd Street,Hermosa Beach, CA 90254
$1,795,000
  • 2 Beds
  • 3 Baths
  • 1,145 sq. ft.
  • Multi-family
  • Active
Listed by:gianluca jacoli
Office:shield cre, inc.
MLS#:25589737
Source:CRMLS

Price summary

  • Price:$1,795,000
  • Price per sq. ft.:$1,567.69

About this home

Discover this exceptional triplex property 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 revenuethough 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 2.73% cap rate and 22.23 GRM, it promises even greater

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Home facts

  • Year built:1918
  • Listing ID #:25589737
  • Added:1 day(s) ago
  • Updated:September 10, 2025 at 03:25 AM

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:$1,795,000
  • Price per sq. ft.:$1,567.69
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