Est. cap rate

1.8%

Assumed rent, all units

$6,840/mo

Units

2

Price per unit

$1,149,500

Est. annual NOI

$41,040

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Bathrooms

2

Building size

1,283 sqft

Lot size

1,745 sqft

Year built

1940

Stories

2

Garage spaces

0

Style

Contemporary

Heating

Electric,Heat Pump,Ductless

Cooling

Electric,Heat Pump,Ductless,High Efficiency

Pool

None

View

Neighborhood

Status

Active

Days on market

25

MLS #

245687346

About this property

Live the Hermosa Beach lifestyle. Located just blocks from the sand, this turn-key coastal duplex offers an exceptional opportunity to own a beautifully updated property in one of Hermosa Beach's most sought-after neighborhoods. Featuring two 1-bed, 1-bath residences, the property combines beach charm with extensive modern upgrades, making it ideal for investors & owner-users alike. Both units will be delivered vacant, creating possibilities for immediate occupancy, rental income, or future expansion. Live in one unit & rent the other, maximize income with both units as rentals, or the perfect setup for professionals who travel & want a home base near the coast. Options have been extensively researched for conversion to a larger single-family residence. Extensively renovated throughout, the property features updated kitchens & baths, wide plank flooring, high-end stainless appliances, separate mini-split HVAC systems, extensive landscaping, an outdoor surf shower, & numerous thoughtful improvements designed to enhance comfort & functionality. The lower unit offers an open kitchen with high-efficiency appliances, including an all-in-one washer/dryer & compact dishwasher, along with a designer bathroom featuring a frameless shower & custom tile. The open-concept upper unit features a beautifully updated kitchen & spacious living room with expansive windows & sliders opening to a private deck that captures the ocean breezes & Southern California sunshine. The location is what truly sets this opportunity apart. Enjoy the quintessential Hermosa Beach lifestyle just moments from the beach, The Strand, world-class surfing, beach volleyball, outdoor dining, boutique shopping, & the vibrant energy of downtown Hermosa Beach & Pier Plaza. Spend mornings walking along the ocean, afternoons biking along The Strand, & evenings taking in spectacular sunsets. Whether you're seeking a long-term investment, a primary residence with supplemental income, a beach retreat, or a flexible property for those who split time between locations, this rare duplex delivers an exceptional combination of location, lifestyle, & versatility...all in the award-winning Hermosa Beach school system. Rarely does a property offer this combination of immediate enjoyment, proven rental potential, & long-term possibilities.

Location

428 25th

Hermosa Beach, Los Angeles, CA, 90254