$3,295,000
2121 Pacific Coast Highway, Hermosa Beach CA 90254
Multi-Family (6 Units)
Property type
186 days
On market
$779
Price per sqft
8 cars
Garage
1972
Year built
5,735 sqft
Lot size
Open Houses
Overview
Exceptional six-unit property located in the heart of Hermosa Beach, just a short walk from to the beach, Hermosa Pier, and a wide mix of local restaurants, cafés, and shops. The building offers a desirable unit mix, steady tenant demand, and long-term stability that comes with owning in one of the South Bay’s most sought-after coastal communities. Well-maintained, easy to...
Listing provided by: Anthony Elminoufi DRE #01874551 310-896-6987, Beach City Brokers, Gary Elminoufi DRE #01139207 310-292-0332, Beach City Brokers
Listing updated: May 28, 2026 at 06:05am.
Last checked: Jun 13, 2026 at 01:30pm
Source: CRMLS #SB25274397
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $2,825 | $2,825 | $2,950 | Unfurnished |
| 1 | 2 | 2 | — | $2,725 | $2,725 | $2,950 | Unfurnished |
| 1 | 1 | 1 | — | $2,450 | $2,450 | $2,500 | Unfurnished |
| 1 | 1 | 1 | — | $2,430 | $2,430 | $2,500 | Unfurnished |
| 1 | 1 | 1 | — | $2,325 | $2,325 | $2,500 | Unfurnished |
| 1 | 1 | 1 | — | $1,925 | $1,925 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 6
Separate Electric Meters: 6
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: No
Units Leased: 6
Financial Snapshot
Gross Rent Multiplier
18.7x
List Price / Annual Gross Rent
Cap Rate
3.83%
NOI / List Price
Gross Scheduled Income: $176,160
Operating Expense: $50,000
Net Operating Income: $126,160
Annual Operating Expenses
Fuel: $1,200
Insurance: $3,500
Professional Management: $0
Trash: $4,000
Water / Sewer: $4,500
Interior
Cooling: None
Fireplace: None
Laundry: Common Area
Entry Location: Street
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Common Walls: Two Common Walls Or More
Lot Features: Lawn, Near Public Transit
Pool: None
Water Source: Public
Sewer: Public Sewer
View: Ocean
Garage and Parking
Garage Spaces: 8
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 4184021020
Additional Parcels: No
Tax Lot: 17
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks