$9,500,000
SOLD JUL 3, 2025

350 Hermosa Ave Hermosa Beach, CA 90254

18 Beds
12 Baths
7,440 Sq Ft
8,071 Sq Ft Lot

Recently Sold

$1,277 Per Sq Ft

12% Below List Price

87 Days on Market

Highlights

  • Laundry Room
  • 8 Car Garage
  • 5-minute walk to South Park
  • Hermosa Valley Elementary School Rated A

About This Home

As of July 2025

Price reduced by $500,000! Nestled in a prime location just 100 steps from the sand and Strand, these fully renovated luxury properties offer an unparalleled coastal living experience. Two adjacent 6-unit buildings, each with its own APN, boast a total of 6 modern 2-bed/1-bath units and 6 1-bed/1-bath units spanning 7,440 SF on two lots totaling 8,071 SF. A mere 6-minute walk to Pier Avenue's world-class restaurants, nightlife, shopping, and entertainment, and an 8-minute stroll to King Harbor, convenience meets sophistication. Renovated in 2020 with a new roof in 2024, the exterior shines with re-stucco, Fiberon cladding, JELD-WEN double-pane windows, and smart-key entry doors. Inside, enjoy white shaker cabinetry, quartz countertops, Frigidaire stainless steel appliances, Italian ceramic tile bathrooms, HVAC mini-splits, and white oak vinyl plank flooring. Amenities include 8 enclosed garage spaces with storage (extra cost), on-site SpeedQueen laundry with ShinePay, lockable bike racks, drought-tolerant landscaping, public Wi-Fi, and a fully compliant ADA unit. Invest in these two turn-key and secure, modern living apartment buildings next to the Beach now!

Last Agent to Sell the Property

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 03/11/2025

Last Buyer's Agent

Martin Ensbury

Lyon Stahl Investment Real Estate, Inc. License #00815392

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020

Lot Details

  • 8,071 Sq Ft Lot

Parking

  • 8 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • 7,440 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 4188-008-033

Community Details

Overview

  • 4 Buildings
  • 12 Units

Building Details

  • Vacancy Allowance $17,004

Property Details

Home Type

Multi-Family

Year Built

Built in 2020

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Alley: Yes
  • Living Area: 7440
  • Lot Acreage: 0.0920
  • Price Per Unit: 854167.00
  • Stories: 2
  • Year Built: 2020
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 18
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 12.00
  • Equipment: Washer, Dryer
  • Price Per S Q F T: 1377.69

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 8
  • Garage Structures: 8
  • Parking Garage: Garage
  • Total Parking: 8

Utilities

  • Number Electric Meters: 12
  • Number Gas Meters: 12

Lot Info

  • Assessed Improvement Percent: 9.39
  • Assessed Improvement Value: 317155
  • Assessed Land Percent: 90.61
  • Assessed Land Value: 3062207
  • Total Assessed Value: 3379362
  • Assessor Parcel Number: 4188-008-033
  • Lot Size Area: 8071

Rental Info

  • Total Actual Rent: 560700.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 18.28
  • Number Of Units: 12
  • Total Annual Expense: 137932
  • Type Of Units: 2+1, 1+1
  • Vacancy Allow: 17004
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Tax Info

  • Tax Total: 110503.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $9,500,000 +301487.3% $1,277 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $3,150 0.0% $7 / Sq Ft
04/24/2025 04/24/25 Price Changed $10,250,000 -4.7% $1,378 / Sq Ft
03/11/2025 03/11/25 For Sale $10,750,000 0.0% $1,445 / Sq Ft
02/15/2025 02/15/25 Price Changed $4,250 +7.6% $9 / Sq Ft
02/08/2025 02/08/25 Price Changed $3,950 +21.5% $9 / Sq Ft
01/23/2025 01/23/25 Price Changed $3,250 +3.2% $7 / Sq Ft
12/06/2024 12/06/24 Price Changed $3,150 +6.8% $7 / Sq Ft
11/01/2024 11/01/24 For Rent $2,950 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gianluca Jacoli

    Seller's Agent in 2025

    Gianluca Jacoli

    Shield CRE, Inc.

    (510) 708-2662

    5 in this area

    46 Total Sales

    Gianluca Jacoli
    Section Image

  • M

    Buyer's Agent in 2025

    Martin Ensbury

    Lyon Stahl Investment Real Estate, Inc.

See All Agents

Map

Source: The MLS

MLS Number: 25509955

The MLS

California Los Angeles County Hermosa Beach 90254

350 Hermosa Ave, Hermosa Beach, CA

This home is located at 350 Hermosa Ave, Hermosa Beach, CA 90254 and is currently priced at $9,500,000, approximately $1,276 per square foot. This property was built in 2020. 350 Hermosa Ave is a home located in Los Angeles County with nearby schools including Hermosa Valley Elementary School, Hermosa View Elementary School, and Our Lady of Guadalupe School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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