$2,195,000
-$150,000718 Hermosa Avenue, Hermosa Beach CA 90254
Multi-Family (Triplex)
Property type
102 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 15, 2026 at 08:00am
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