Hermosa Beach Multifamily for Sale - Beach Cities/Palos Verdes

Rare Two Luxury Residences on One Lot – Live in One, Rent the Other! $3,995,000 Discover an exceptional opportunity at 456–458 Ocean View Avenue in the desirable Hills section of Hermosa Beach. This property features two fully detached luxury residences on a single 4,363 sq ft lot, offering ~4,373 sq ft of sophisticated living with panoramic ocean views from both homes. Just moments from the iconic Pier, The Strand, pristine beaches, shops, and restaurants. In a market where the median sold price per square foot is ~$1,120 (and often $1,200–$1,600+ for ocean-view properties), these two turnkey luxury residences deliver outstanding value at only ~$914/sq ft — like acquiring two premium coastal homes for the price of one. Front Residence – 456 Ocean View Ave (~1,843–1,900 sq ft) 3 bedrooms, 2.5 baths with a bright traditional floor plan, wide-plank white oak flooring, Caesarstone slab counters, custom cabinetry, stainless steel appliances, renovated baths with frameless showers, ocean-view balconies, vaulted ceilings, and a 2-car garage plus apron parking. Move-in ready and ideal as your primary home. Rear Residence – 458 Ocean View Ave (~2,530 sq ft) 5 bedrooms, 3.5 baths featuring a coveted reverse floor plan that maximizes stunning ocean views from the main living level. Enjoy the same high-end finishes, walk-in closets, fully renovated baths, and a massive 4-car garage. Perfect for extended family, guests, or premium rental income. Total: 8 beds, 7 baths, 6-car parking, two independent residences built in 1989 and meticulously renovated. Tenants cover all utilities — landlord responsible only for taxes and insurance. Live the Ultimate Hermosa Lifestyle Imagine waking to ocean breezes and Pacific sunsets, then enjoying a morning surf, pier stroll, or beach yoga. This rare setup lets you live luxuriously in one residence while generating income from the other. Whether for multi-generational living, a private coastal compound, or savvy owner-user flexibility, the possibilities are endless in one of the South Bay’s most vibrant communities. These two luxury residences on one lot stand out for their size, views, parking, condition, and unbeatable price per square foot. A true market opportunity you won’t find duplicated. Schedule your private tour today!

Property Subtype:

Apartment

Date on Market:

2026-05-22

Torrance Office for Sale - 190th Street Corridor

· Prime 190th Street frontage (33,796 VPD) with strong visibility · High-end creative office build-out with quality architectural finishes · Well maintained, recently renovated roof · Immediate I-405 and I-110 freeway access · No gross receipts tax · Flexible owner/user or multi-tenant configuration

Property Subtype:

Loft/Creative Space

Date on Market:

2026-03-20

Redondo Beach Office for Sale - Beach Cities/Palos Verdes

Property Subtype:

Loft/Creative Space

Date on Market:

2026-02-24

Torrance Office for Sale

ASSET Beautiful two-story office/flex building located in prestigious Torrance Business Park. The property was built in 2004 and features a approximately 13,790 SF consisting of two buildings, the main building is a two story free standing building approximately 12,140 SF and a second rear single story building which is approximately 1,650 SF. Property is being delivered vacant, which presents an outstanding owner-user opportunity. building has high ceilings, plenty of parking for office or medical use, Ground floor has been approved CUP for pre-school use with possibility of expansion for the same use on the second floor. Building features central air and heating (HVAC), private restroom, elevator, executive suite on the second floor, backup generator, sprinkler system, and totally remodeled outdoor playground area, 3-year-old roof, impressive curb appeal and ample parking. LOCATION The property is located within prestigious Torrance Business Park and walking distance to vibrant Torrance Promenade regional mall with Marshal’s Ross, Home Goods, Walmart, Burlington, Trader Joe’s, Ashley’s Furniture, and numerous retail shops, offices, restaurants, cafes and bakeries. The asset is just North of Del Amo, and East of Hawthorne Boulevards. It is strategically located with easy access to 405 freeway, Redondo Beach, Hermosa Beach and Palos Verdes Peninsula. - Well-maintained free-standing property with a turnkey former preschool on the ground floor and high-quality second-floor office space - +-12,140 SF two-story building with an additional ±1,650 SF rear single-story building, set on a generous ±42,300 SF parcel with abundant parking (59 spaces) - Versatile opportunity for an owner-user, developer, or tenant; delivered vacant and zoned for preschool, office, medical, and light industrial uses - 3 preschool playrooms, backup generator, kitchens on both levels and cubicles, conference room, and private offices on the second floor - Prime South Bay location in Torrance, just off Hawthorne Blvd, offering proximity to the Beach Cities, Palos Verdes Peninsula, and major employment centers ? Convenient access to nearby neighborhoods, retail corridors, medical and professional services, and the I-405 Freeway

Property Subtype:

Loft/Creative Space

Date on Market:

2026-01-22

Torrance Office for Sale

ASSET Beautiful and charming three-story, four-unit retail/office building located in Old Town Torrance. The property was built in 2005 and features a total of 3,204 SF. Three of the units will be delivered vacant, which presents an outstanding owner-user opportunity. The occupied space is an 820 SF ground floor unit which is leased to NonStop Travel with the current lease running until March 2028. The vacant spaces include a 400 SF ground floor unit and two upstairs spaces consisting of a 1,090 SF unit and a 1,290 SF unit. The 1,290 SF unit has been recently renovated and includes a rooftop deck, central air and heating (HVAC) and private restroom. This investment opportunity also includes a parking lot located at 1315 El Prado Avenue which contains 10 designated parking spaces. LOCATION The property is on an upscale commercial street with ample retail shops, offices, restaurants, cafes and bakeries. The asset is just south of Torrance Boulevard and west of Cabrillo Avenue, in an outstanding Old Torrance location. The parking lot is located across the street which provides convenient parking for tenants. Additionally, there is ample street parking along Post Avenue. FINANCIALS 1321 Post Avenue provides an ideal owner-user opportunity or the opportunity for an investor to lease the vacancies at market rate with triple net (NNN) lease. The asset yields a 5.41% current cap with a pro-forma cate rate of 5.56%. *Unit #202 is currently occupied by the owner and can be delivered vacant at the close of escrow. Rents for vacancies have been estimated at pro-forma rents. Unit sizes (SF) are estimated by owner. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property.

Property Subtype:

Loft/Creative Space

Date on Market:

2026-01-21

Redondo Beach Retail for Sale - Beach Cities/Palos Verdes

Prime location on Pacific Coast Highway in South Redondo Beach. Retail with Office space on PCH with high traffic count near signalized intersection. Newer Construction in 2013 for an Owner/User or investment. Retail space with three stories including two large loft areas. Private Gated Parking with 5 standard + 1 handicap space. Just a few blocks to Redondo Beach Pier and King Harbor Yacht Club. Commercial Zoning C-2B, contact City of Redondo Beach regarding specific planning and zoning opportunities.

Property Subtype:

Freestanding

Date on Market:

2025-04-17

Hermosa Beach Office for Sale - Beach Cities/Palos Verdes

Location, Location, Location A unique opportunity for an outstanding new construction in Hermosa Beach with its coastal location and ocean views. 6 offices ranging from 500 -800 SF with private bathrooms, high ceilings, western facing decks from each office and direct spiral staircase access to ocean view decks to enjoy the blue waters of Southern California beaches and on-site street level secured parking with ADA parking and direct access elevator to all offices. Possible subdivision opportunity: project was entitled as commercial condos and the subdivision map recorded as well. Final steps are to complete the CC&R’s and Condo Plan for the ability to sell individual units or in tandem either now or in the future. The Property is in the affluent beach community of Hermosa Beach and just a few steps from Pacific Coast Highway (PCH); only 15 minutes from the LAX and easily accessible to the South Bay freeways including 405, 105 and 91

Property Subtype:

Loft/Creative Space

Date on Market:

2023-05-03