The coastal beach city of Hermosa Beach has an active rental market. The dream to live close to the beach is popular with young renters as well as boomers who have sold the family home and are looking for a lifestyle that will allow them to walk for exercise as well as walk to dinner–Hermosa Beach offers both choices.
Active Listings: As of mid-April nine Hermosa Beach income properties are listed for sale. The prices begin at $649,000 for a 525 sq. ft. condo at The Beach House on The Strand, to $3,499,000 for 4-units on Manhattan Ave.
Pending Sales: Six Hermosa Beach income properties are currently in escrow with accepted offers. Prices range from $1,379,900 to $2,699,000.
Sold 2014 Year to Date: Seven Hermosa Beach income properties sold YTD 2014. Price range is $799,000 for a unit on the top floor of the Beach House condo/hotel, to $1,810,000 for a 2-unit building on Manhattan Avenue.
For more information on Hermosa Beach income properties contact us at ToeringandTeam@gmail.com
Hermosa Beach CA income units for sale:
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