Contingent
$3,600,000
10 ba · · 6,299 sqft lot
838 Cypress Ave, Hermosa Beach, CA 90254
Multi-family · Built 1971 ·
$22,049/mo est. payment
- Garage
- 4 cars
- Stories
- 3
Flood factor 1/10
About this home
838 Cypress Avenue is a two-building structure that has a total of 10 studio units (4 units in the front building and 6 units in the rear building). This property is an exceptional investment opportunity in one of Hermosa Beach's most desirable neighborhoods. Perfectly positioned west of Pacific Coast Highway, 838 Cypress Avenue offers an unbeatable coastal lifestyle just blocks from the sand, surf, and vibrant downtown. Everyday conveniences are just minutes away, including grocery stores, coffee shops, pharmacies, and local services. Outdoor enthusiasts will appreciate nearby parks, the Greenbelt walking trail, and numerous recreational opportunities throughout the South Bay. The property is served by the highly regarded Hermosa Beach City School District, with Hermosa View School and Hermosa Valley School nearby, making the location attractive to a wide range of tenants and residents. Whether you're seeking a long-term investment or an exceptional coastal asset, 838 Cypress Avenue combines an irreplaceable beach location with outstanding lifestyle amenities in one of Southern California's premier seaside communities.This property has had its front building deck/roof replaced in November 2025 and is in full compliance with the SB -721 Ordinance.
Facts and features
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 10
Appliances
- Laundry Features: Common Area
Heating and Cooling
- Heating Features: Floor Furnace
- Heating: Yes
Land Info
- Additional Parcels: No
- Land Lease: No
- Lot Description: 0-1 Unit/Acre
- Lot Size Acres: 0.1446
- Lot Size Source: Assessor
- Lot Size Square Feet: 6298
Garage and Parking
- Carport Spaces: 9
- Garage Spaces: 4
- Parking Features: Assigned
- Parking Total: 13
Manufactured and Mobile Info
- Monthly Parking Fee: 450
Multi-Unit Info
- Number of Buildings: 2
- Number of Units: 10
- Bedrooms in Unit-1: 0
- Bedrooms in Unit-2: 0
- Bedrooms in Unit-3: 0
- Bedrooms in Unit-4: 0
- Bedrooms in Unit-5: 0
- Bedrooms in Unit-6: 0
Rental Info
- Gross Income: 280260
- Gross Scheduled Income: 273540
- Number of Units Leased: 10
- Tenant Pays: Gas, Electricity
- Vacancy Allowance: 8407
- Rent Control: No
Schools
- 8
Hermosa Valley Elementary School
elementary · 5-8 · 0.4 mi
Fusion Academy Sb: South Bay
middle · 6-12 · 0.4 mi
- 3
Da Vinci RISE High
high · 9-12 · 4.0 mi
Hermosa View Elementary School
elementary · K-1 · 0.6 mi
Fusion Academy South Bay
middle · 6-12 · 0.5 mi
Our Lady Of Guadalupe Elementary School
elementary · PK-8 · 0.6 mi
Price history
- Oct 28, 2026 · Price Changed$3,600,000
- Oct 1, 2026 · Price Changed$3,800,000
- Sep 1, 2026 · Price Changed$4,100,000
- Jul 6, 2026 · Listed$4,200,000
- May 25, 2018 · Sold$4,750,000
- Feb 22, 2018 · Listing Removed$2,025
- Feb 17, 2018 · Listed For Rent$2,025
- Feb 14, 2018 · Listing Removed$2,025
Tax history
- 2025$60,553 tax · $5,512,777 assessed
- 2024$58,899 tax · $5,404,684 assessed
- 2023$57,698 tax · $5,194,816 assessed
- 2022$56,669 tax · $5,092,958 assessed
- 2021$55,961 tax · $4,993,097 assessed
- 2020$55,590 tax · $4,941,900 assessed
- 2019$54,519 tax · $4,845,000 assessed
- 2018$43,044 tax · $3,825,000 assessed
Home value
$2,240,000
- Collateral Analytics$2,240,000
Where it is
Listed by Frederick Okuda · N. P. Property Management Inc. · CRMLS
