838 Cypress Ave Hermosa Beach, CA 90254
Hermosa Beach AreaEstimated payment $28,086/month
Highlights
- 0.14 Acre Lot
- Floor Furnace
- 4-minute walk to South Park
- Hermosa Valley Elementary School Rated A
- Laundry Facilities
About This Home
838 Cypress Avenue is a two-building structure that has a total of 10 studio units (4 units in the front building and 6 units in the rear building). This property is an exceptional investment opportunity in one of Hermosa Beach's most desirable neighborhoods. Perfectly positioned west of Pacific Coast Highway, 838 Cypress Avenue offers an unbeatable coastal lifestyle just blocks from the sand, surf, and vibrant downtown. Everyday conveniences are just minutes away, including grocery stores, coffee shops, pharmacies, and local services. Outdoor enthusiasts will appreciate nearby parks, the Greenbelt walking trail, and numerous recreational opportunities throughout the South Bay. The property is served by the highly regarded Hermosa Beach City School District, with Hermosa View School and Hermosa Valley School nearby, making the location attractive to a wide range of tenants and residents. Whether you're seeking a long-term investment or an exceptional coastal asset, 838 Cypress Avenue combines an irreplaceable beach location with outstanding lifestyle amenities in one of Southern California's premier seaside communities.This property has had its front building deck/roof replaced in November 2025 and is in full compliance with the SB -721 Ordinance.
Listing Agent
N. P. Property Management Inc. Brokerage Phone: 213-377-4203 License #02073148 Listed on: 07/06/2026
Co-Listing Agent
ADW Management USA, Inc. Brokerage Phone: 213-377-4203 License #02062257
Property Details
Home Type
- Apartment
Year Built
- Built in 1971
Lot Details
- 6,298 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- 9 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,538 Sq Ft Home
- 3-Story Property
- Leased Washer and Dryer
Bedrooms and Bathrooms
- Unit 1 Bedrooms: 0
- Unit 2 Bedrooms: 0
- Unit 3 Bedrooms: 0
- Unit 4 Bedrooms: 0
- Unit 5 Bedrooms: 0
- Unit 6 Bedroom: 0
- Unit 7 Bedroom: 0
- Unit 8 Bedroom: 0
- Unit 9 Bedroom: 0
- Unit 10 Bedroom: 0
- 10 Bathrooms
Utilities
- Floor Furnace
Listing and Financial Details
- Legal Lot and Block 4 / C
- Tax Tract Number 1677
- Assessor Parcel Number 4187014052
- $3,075 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,265
- Fuel Expense $2,484
- Gardener Expense $1,920
- Insurance Expense $7,500
- Maintenance Expense $11,000
- Other Expense $1,000
- Pest Control $420
- Professional Management Expense $21,748
- Trash Expense $5,805
- Water Sewer Expense $2,598
- New Taxes Expense $47,733
- Operating Expense $103,473
- Gross Income $280,260
- Net Operating Income $168,379
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $60,554 | $5,404,684 | $3,470,377 | $1,934,307 |
| 2024 | $58,900 | $5,298,711 | $3,402,331 | $1,896,380 |
| 2023 | $57,699 | $5,194,816 | $3,335,619 | $1,859,197 |
| 2022 | $56,670 | $5,092,958 | $3,270,215 | $1,822,743 |
| 2021 | $55,962 | $4,993,097 | $3,206,094 | $1,787,003 |
| 2019 | $54,519 | $4,846,000 | $3,111,000 | $1,735,000 |
| 2018 | $43,045 | $3,826,000 | $3,437,400 | $388,600 |
| 2016 | $29,084 | $2,538,125 | $1,847,755 | $690,370 |
| 2015 | $28,546 | $2,500,000 | $1,820,000 | $680,000 |
| 2014 | $20,208 | $1,757,944 | $1,074,857 | $683,087 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/06/2026 07/06/26 | For Sale | $4,200,000 | -- | $926 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $4,750,000 | Chicago Title Company | |
| Grant Deed | $3,750,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Co | |
| Grant Deed | $2,500,000 | Old Republic Title Co | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $10,000,000 | Commercial | |
| Previous Owner | $2,087,000 | Commercial | |
| Previous Owner | $2,000,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR26146221
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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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