Description
Twelve units. three parcels. one unmatched beachfront investment. introducing the 5th street collection—a once-in-a-lifetime opportunity to own three contiguous 4-unit apartment buildings in the heart of hermosa beach, just steps from the pacific ocean. perched on an elevated parcel with sweeping ocean breezes and walkable access to pier avenue, this portfolio defines southern california coastal living and investing at its finest. originally built in 1987 and held by the original developer, each building offers four spacious 2-bedroom, 2-bathroom units with over 1,200 square feet per unit—ideal for premium long-term tenants. each unit features its own in-unit washer and dryer, enhancing convenience and appeal for residents. with 12,987 square feet of land and nearly 15,000 square feet of rentable space, this collection benefits from below-market pricing on a per-square-foot basis and qualifies for residential financing. each parcel holds its own apn, allowing buyers to purchase individually or together for scale. whether you're a legacy investor or a strategic 1031 exchange buyer, these income-producing assets offer a rare blend of stability, value-add potential, and unbeatable location.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49896815
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1987
- Building Area Total: 14,718
Pool Features
- None
Laundry Features
- Inside
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2981
- Lot Size Source: Assessor
- Lot Size Square Feet: 12987
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Listing Information
Listing Price Information
- Original List Price: 9,600,000
- Listing Contract Date: 2025-05-16
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4188031062
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Postal Code Plus 4: 4738
- Directions: Off of PCH and Herondo St
- Zoning: HBC3YY
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Quadruplex
Building and Construction
- Property Age: 38
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 2
- Entry Location: Front
- Property Attached: Yes
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BuyOwner last updated this listing 06/09/2025 @ 06:17
- MLS: SB25112791
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 6 bedrooms which is for sale, it has 14,718 sqft, 12,987 sized lot, and 6 parking. are nearby neighborhoods.