USACAHermosa Beach563 2Nd St
563 2Nd St | Image 1

$1,749,000

Sold

2 months ago

563 2Nd St, Hermosa Beach, CA

House

MLS® 26647449

Buyer represented by Gianluca Jacoli of Shield CRE, Inc.

2 Bed

3 Bath

1145 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 1145 sqft
Garage Yes
Taxes 
Lot Size 
Approx. Age 1918
Avg. Price Per Sqft $1,527
MLS® Number 26647449

Property Address: 563 2nd St, Hermosa Beach, CA, 90254-5237

Average square foot calculated using Size range provided by listing agent.

Description

TRIPLEX PROPERTY COMPRISED OF (1) 1-BEDROOM/1-BATHROOM UNIT, (1) STUDIO/1-BATHROOM UNITS & (1) 1-BEDROOM/1-BATHROOM PLUS DECK. Discover this exceptional triplex in the heart of Hermosa Beach, California, perfectly positioned just a few blocks from The Strand and the shimmering Pacific Ocean, embodying the essence of coastal luxury living. As a prime investment opportunity, this versatile asset offers strong potential for owner-occupancy, allowing you to reside in one unit while generating income from the others. With outstanding potential for Accessory Dwelling Units (ADUs), buyers can explore adding extra rentals to significantly boost revenue though verification of feasibility is advised. Benefiting from favorable rent regulations, the property is exempt from Los Angeles City rent control and falls under AB 1482, enabling attractive annual rent increases to maximize returns. Its eligibility for standard residential financing makes it accessible to a broad spectrum of buyers, simplifying acquisition. Currently delivering robust income with a 2.84% cap rate and 21.66 GRM, it promises even greater upside through pro-forma projections of a 3.71% cap rate. The location's exceptional market appeal shines with proximity to King Harbor, Hermosa Beach Pier, Redondo Beach Pier, and vibrant Pier Avenue, providing endless beachside dining, shopping, and recreational options. Inside, enjoy modern amenities like a fully renovated studio unit and Unit C's private deck for enhanced comfort. Practical features include a spacious 2-car garage for secure parking and on-site laundry facilities that generate an additional $200 per month in passive income. This triplex combines immediate cash flow, growth potential, and an unbeatable seaside lifestyle - don't miss out on this Hermosa Beach gem.
MLS® Number26647449
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1918
Basement
DrivewayGarage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Mar 13, 2026End Date
$1,700,000Sold Price

Sold

Feb 4, 2026List Date
$1,749,000List Price
  • Commute

Commute

Starting Address
Destination Address
563 2Nd St, Hermosa Beach, CA

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