563 2nd Street, Hermosa Beach, CA 90254
- 2 beds
- 1,145 sqft
other
Built in 1918
2,614sqft lot
—— car garage
$1,528/sqft
Listed 3 days ago
Property 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 vibra
- Listing Status:
- Active
- Date Added:
- February 4, 2026
- Data Last Updated:
- February 8, 2026 at 3:09AM
- Listing Office:
- Shield CRE, Inc. : 310-593-9869
- Listing Agent:
- Gianluca Jacoli : 310-593-9861
- MLS ID:
- CL26647449
- Parking: Other
- Originating MLS: CRMLS
- County: Los Angeles
- Zoning: HBR14188025003
- Source: CRMLS
Presented by Veterans United Realty
This listing courtesy of Gianluca Jacoli , Shield CRE, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Hermosa Valley School
1645 Valley Dr, Hermosa Beach, CA, 90254
Grades 5-8
0.72 miles away
Hermosa Valley School
1645 Valley Dr, Hermosa Beach, CA, 90254
Grades 5-8
0.72 miles away
