2468 Silverstrand Ave Hermosa Beach, CA 90254
Estimated payment $16,241/month
Total Views
7,665
3
Beds
2
Baths
1,911
Sq Ft
$1,400
Price per Sq Ft
Highlights
- Ocean View
- Property has ocean access
- Traditional Architecture
- Hermosa Valley Elementary School Rated A
- Ocean Side of Highway 1
- Wood Flooring
About This Home
Prime Corner Lot on Coveted Silverstrand Ave. – Endless Potential in North Hermosa Beach
Located in the highly sought-after Sand Section of North Hermosa Beach, this rare corner lot property presents a unique opportunity to own in one of the most prestigious coastal neighborhoods in the South Bay. The upper level features an ocean view and a spacious 2-bedroom unit with an additional office, ideal for remote work or guest accommodations. Below are two charming apartments - perfect for rental income or extended family. The outdoor spaces are incredible featuring front, side, and back yards. Plenty of spots for you to enjoy cool coastal breezes.
Whether you’re an investor looking for solid rental potential or envision building your dream beach home with ADUs, this property offers unmatched flexibility and long-term value—all within walking distance to the beach, award-winning schools, and vibrant local dining and shops.
Don't miss this exceptional opportunity to own a piece of paradise on one of Hermosa’s most coveted streets.
Listing Agent
Pacifica Properties Group, Inc. Brokerage Phone: 310.902.3234 License #00872303 Listed on: 06/11/2025
Co-Listing Agent
Vista Sotheby’s International Realty Brokerage Phone: 310.902.3234 License #01910412
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,536
Year Built
- Built in 1929
Lot Details
- 2,576 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Corner Lot
Parking
- 3 Car Garage
- 3 Open Parking Spaces
- Parking Available
- Driveway
- Assigned Parking
Home Design
- Triplex
- Traditional Architecture
- Raised Foundation
- Composition Roof
- Stucco
Interior Spaces
- 1,911 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Wood Flooring
- Ocean Views
- Laundry Room
Kitchen
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- 2 Bathrooms
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Exterior Lighting
- Rain Gutters
Additional Features
- Suburban Location
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 22
- Tax Tract Number 113
- Assessor Parcel Number 4182015022
- $564 per year additional tax assessments
- Seller Considering Concessions
Community Details
Recreation
- Park
- Bike Trail
Building Details
- 2 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $3,213
- Gardener Expense $1,680
- Insurance Expense $2,758
- Other Expense $1,818
- Pest Control $800
- Operating Expense $10,269
- Gross Income $91,200
- Net Operating Income $56,395
Additional Features
- 3 Units
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $24,536 | $2,304,098 | $2,247,209 | $56,889 |
| 2024 | $24,536 | $2,258,921 | $2,203,147 | $55,774 |
| 2023 | $24,030 | $2,214,630 | $2,159,949 | $54,681 |
| 2022 | $23,601 | $2,171,207 | $2,117,598 | $53,609 |
| 2021 | $23,209 | $2,128,635 | $2,076,077 | $52,558 |
| 2019 | $22,600 | $2,065,500 | $2,014,500 | $51,000 |
| 2018 | $21,940 | $2,025,000 | $1,975,000 | $50,000 |
| 2016 | $18,354 | $1,636,420 | $1,561,359 | $75,061 |
| 2015 | $18,050 | $1,611,840 | $1,537,906 | $73,934 |
| 2014 | $17,576 | $1,580,267 | $1,507,781 | $72,486 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Price Changed | $2,675,000 | -6.1% | $1,400 / Sq Ft |
| 06/11/2025 06/11/25 | For Sale | $2,850,000 | +40.7% | $1,491 / Sq Ft |
| 10/17/2017 10/17/17 | Sold | $2,025,000 | -6.9% | $1,066 / Sq Ft |
| 08/25/2017 08/25/17 | Pending | -- | -- | -- |
| 08/14/2017 08/14/17 | Price Changed | $2,175,000 | -4.4% | $1,145 / Sq Ft |
| 07/16/2017 07/16/17 | For Sale | $2,275,000 | +15.2% | $1,197 / Sq Ft |
| 10/13/2016 10/13/16 | Sold | $1,975,000 | -1.2% | $1,313 / Sq Ft |
| 08/17/2016 08/17/16 | Pending | -- | -- | -- |
| 06/23/2016 06/23/16 | For Sale | $1,999,000 | 0.0% | $1,329 / Sq Ft |
| 06/20/2016 06/20/16 | Pending | -- | -- | -- |
| 06/02/2016 06/02/16 | Price Changed | $1,999,000 | -4.8% | $1,329 / Sq Ft |
| 04/21/2016 04/21/16 | Price Changed | $2,100,000 | -4.5% | $1,396 / Sq Ft |
| 04/05/2016 04/05/16 | For Sale | $2,199,000 | -- | $1,462 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Fidelity National Title | |
| Grant Deed | $2,025,000 | Fntg Builder Services | |
| Grant Deed | $1,975,000 | Usa National Title Company | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $1,362,500 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Gift Deed | -- | Investors Title Company | |
| Grant Deed | $539,000 | Investors Title Company | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Grant Deed | $345,000 | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,173,000 | New Conventional | |
| Previous Owner | $1,150,000 | Commercial | |
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $1,000,000 | Stand Alone First | |
| Previous Owner | $660,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $420,000 | Purchase Money Mortgage | |
| Previous Owner | $494,100 | Unknown | |
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $404,250 | No Value Available | |
| Previous Owner | $273,000 | No Value Available | |
| Previous Owner | $276,000 | No Value Available |
Source: Public Records
Similar Homes in Hermosa Beach, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25128100
APN: 4182-015-022
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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