71 19Th St, Hermosa Beach, CA

Name: 71 19Th St, For Sale in Hermosa Beach - eXp Realty
Brand: Lyon Stahl Investment Real Estate, Inc.
SKU: 26853499
Price: 4750000 USD

House

For Sale

Listed price in listed location currency (USD).

$4,750,000

770

MLS® 26853499

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 4032 sqft

Garage Yes

Taxes

Days Active 3

Lot Size 0.0654 Acres

Approx. Age 1950

Avg. Price Per Sqft $1,178

MLS® Number 26853499

Property Address: 71 19th St, Hermosa Beach, CA, 90254-2890

Average square foot calculated using Size range provided by listing agent.

Description

71 19th Street in Hermosa Beach is a seven-unit apartment building on a walk street located just steps from the beach, Hermosa Pier, restaurants, retail, and everything that makes Hermosa Beach one of Southern California's most sought-after rental markets. Investment Highlights include *Seven (7) 1 Bed / 1 Bath units *Two units delivered vacant at closing *Significant rental upside with existing rents below market *Opportunity to immediately renovate and lease vacant units at market rates *Capitalize on a furnished short-term rental strategy for the vacant units (download OM to read about the recent overturning of short term rental ban in Hermosa Beach) *Potential additional income from 3 vacant garages that sellers have been using (each were fetching $200/mo over 10 years ago) *Exceptional walkability, literally just steps from the sand and pier *Strong long-term appreciation fundamentals driven by limited multifamily supply and high barriers to entry on the coast. *Balcony inspection completed and passed. What makes this opportunity particularly compelling is the ability for a new owner to immediately begin executing a value-add strategy. With two vacant units delivered at closing, investors can renovate, establish new market-rate rents or execute a short term rental strategy, and create a blueprint for future rent growth throughout the property. In a market where tenant turnover can take years to achieve, acquiring a coastal asset with immediate vacancy and meaningful upside is an ideal rarity. Beyond the operational opportunity, investors benefit from the wealth-building advantages of owning an irreplaceable coastal multifamily asset, long-term appreciation potential, depreciation benefits, and the ability to preserve capital in one of Los Angeles County's most supply-constrained submarkets.

MLS® Number26853499

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1950

Basement

DrivewayDoor Multi, Door Single, Garage

Garage Spaces

HeatWall Furnace

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 29, 2026List Date

$4,750,000List Price

Commute

Commute

Starting Address

Destination Address

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