Twelve Units. Three Parcels. One Unmatched Beachfront Investment. Introducing the 5th Street Collection—a once-in-a-lifetime opportunity to own three contiguous 4-unit apartment buildings in the heart of Hermosa Beach, just steps from the Pacific Ocean. Perched on an elevated parcel with sweeping ocean breezes and walkable access to Pier Avenue, this portfolio defines Southern California coastal living and investing at its finest. Originally built in 1987 and held by the original developer, each building offers four spacious 2-bedroom, 2-bathroom units with over 1,200 square feet per unit—ideal for premium long-term tenants. Each unit features its own in-unit washer and dryer, enhancing convenience and appeal for residents. With 12,987 square feet of land and nearly 15,000 square feet of rentable space, this collection benefits from below-market pricing on a per-square-foot basis and qualifies for residential financing. Each parcel holds its own APN, allowing buyers to purchase individually or together for scale. Whether you're a legacy investor or a strategic 1031 exchange buyer, these income-producing assets offer a rare blend of stability, value-add potential, and unbeatable location.
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Listing Snapshot
Price
$9,300,000
Days On Site
57 Days
Bedrooms
N/A
Inside Area (SqFt)
14,718 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2981 Acres
Year Built
1987
MLS® Number
SB25112791
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
yesterday
Price changed to $9,300,000
yesterday
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.2981
Energy Features
Solar
Garage
Yes
Garage Spaces
6
Number Of Stories
3
Parking Spaces
6
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
14718
Water Source
Public
Zoning
HBC3YY
Interior Features
Laundry Features
Inside
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Exterior Features
Pool Features
None
Community Features
Building Access
Front
Community Features
Suburban
Financing Terms Available
CashConventional1031 Exchange
MLS Area
699 - Not Defined
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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