718 Hermosa Avenue
Hermosa Beach, CA, 90254
$2,395,000
MLS: SB26048571
Beds
4
Baths
3
Sq Ft
1,973
Lot
0.07 ac
Year Built
1912
MLS #
SB26048571
Days on Market
27
Listed
Mar 6, 2026
Description
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, creating an immediate opportunity for an investor, developer, or as an owner-user beach retreat with rental income. The property retains its vintage California beach cottage character. Located just moments from the beach and within easy reach of Hermosa’s restaurants, shops, and vibrant pier area, 718 Hermosa Ave presents a rare chance to acquire a versatile coastal property with both current income and long-term potential in one of the South Bay’s most sought-after neighborhoods.
Location
Hermosa Beach, Los Angeles County, CA 90254
Open on Google Maps ↗Listed by: Ryan Bunke · DOMO Real Estate
Payment estimate
$16,937
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $239,500 · Loan: $2,155,500
- Principal & Interest
- $13,244
- Property tax (1.25%)
- $2,495
- Homeowners insurance
- $300
- Mortgage insurance
- $898
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Hermosa Beach home with as little as 3.5% down using an FHA loan — roughly $83,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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