John E Burge

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Listing provided courtesy of The CREM Group- MLS# 26835137MLS Provider

1232 1st StHermosa Beach, CA 90254

Multi-Family · 4 Beds · 2,039 Sq. ft. | 0.10 Acres
$1,695,000 Active

1232 1st St Overview

Time on Site:
38 days
Visits:
0

Located in the highly desirable beach community of Hermosa Beach, this duplex property presents an exceptional opportunity for an owner user, investor, or developer. The property features a 3 bedroom, 2 bathroom unit on the lower level and a 1 bedroom, 1 bathroom unit above, offering approximately 2,039 sq ft of living space on a 4,232 sq ft lot. Whether you are looking to generate rental income, occupy one unit while renting the other, or explore future development potential, this property offers tremendous upside in a prime coastal location.

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1232 1st St Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,039
  • Price/Sq.ft. $831
  • Lot 0.10 Acres

Details

General

Income/Expenses

  • Gross Income: 62340

Building Information

  • Year Built: 1919

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Hermosa Beach East

Tax Information

  • Tax Assessed Value: 76665

General Information

  • Disclosures: Probate, Court Approval Not Required
  • Property Type: Residential Income
  • Zoning: HBR1YY

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 3.00
  • Bedrooms Total: 4

General Information

  • Common Walls: Detached/No Common Walls
  • Cooling: Other
  • Flooring: Carpet, Tile, Wood Laminate
  • Heating: Central
  • Levels: Two
  • Living Area: 2039
  • Living Area Source: Vendor Enhanced
  • Rooms: Other
  • Spa Features: None
  • Spa: False
  • Stories: 0
  • Window Features: Window Blinds

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Area: 4232
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Craftsman
    • Patio And Porch Features: Balcony, Patio Open
    • Roof: Composition, Shingle

    General Information

    • Number Of Units Total: 2
    • Other Structures: None
    • Pool Features: None
    • Pool Private: False
    • Sewer: In Street

    1232 1st St Neighborhood

    Community

    90254 (HERMOSA BEACH) Demographics

    40
    Median Age
    9,471
    Population Density (per sq. mile)
    81%
    College Educated
    $142,500
    Estimated Median Income
    4,309
    Estimated Total Home Owners
    4,287
    Estimated Total Renters
    50% / 50%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1232 1st St Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1232 1st St Market Data

    Based on the last 30 days in this zip code

    $3,283,666
    Average List Price
    $1,427
    Average Price per Square Foot
    15
    Properties Sold
    71
    Average Days on Market
    144
    Properties for Sale
    Calculations provided by Reliance Network

    1232 1st St History

    Date Event Value Agent
    6/17/2026Source: CRMLS Price Reduction
    $1,695,000 -5.8%
    6/17/2026Source: CRMLS Status Change
    Active
    6/17/2026Source: TheMLS (CLAW) Price Reduction
    $1,695,000 -5.8%
    6/17/2026Source: TheMLS (CLAW) Status Change
    Active
    6/8/2026Source: CRMLS Status Change
    Active Under Contract
    6/8/2026Source: TheMLS (CLAW) Status Change
    Active Under Contract
    5/22/2026Source: CRMLS Added to Database
    May 22, 2026
    5/22/2026Source: TheMLS (CLAW) Added to Database
    May 22, 2026
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