2121 Pacific Coast Hwy 6 Unit Apartment Building $4,558,237 CAD ($759,706 CAD/Unit) 3.08% Cap Rate Hermosa Beach, CA 90254

Positioned in the heart of Hermosa Beach, this exceptional six-unit apartment building offers a rare opportunity to own income-producing property in one of Southern California’s most coveted coastal communities. Located on Pacific Coast Highway at 21st Street, the property is just a short walk to the beach, Hermosa Pier, and an eclectic mix of restaurants, cafés, and boutique shops. This prime location ensures consistent tenant demand and long-term stability.
The building features a desirable unit mix with two spacious two-bedroom units and four well-appointed one-bedroom units, each benefiting from abundant natural light and ocean views. With a gross scheduled income of $171,480 and a net operating income of $101,480, investors can enjoy immediate cash flow with strong upside potential. The property is well-maintained, easy to manage, and free from rent control restrictions, making it an ideal addition to any portfolio.
Hermosa Beach is renowned for its vibrant lifestyle, excellent schools, and proximity to major employment hubs in the South Bay and Greater Los Angeles. Convenient access to Pacific Coast Highway, nearby freeways, and LAX ensures connectivity for tenants and future buyers alike. This offering combines location, stability, and growth potential—an investment that stands out in today’s market.