838 Cypress Hermosa Beach, CA $ 4,200,000
838 Cypress
$ 4,200,000
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838 Cypress

Hermosa Beach, CA, 90254
$ 4,200,000
Baths1.0 Sq 4,538

Monthly Estimate*

$ 26,519

Listed by N. P. Property Management Inc.
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Studio

Multi-Family Home for sale in Hermosa Beach, CA

for $4,200,000 with 1 full bath. This 4,538 square foot home was built in 1971 on a lot size of 0.1446.

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.

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Multi-Family Active

Price

$ 4,200,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1446

Year Built

1971

Town/City

Hermosa Beach

County/Region

Los Angeles

MLS | Web ID

TR26146221

Days on Market

2

Features
General
Sewer Public Sewer
Heating Floor Furnace
Possession Close Of Escrow
Garage Spaces 4
Pool Features None
Year Built 1971
Tenant Pays Electricity Gas
Levels Three Or More
Property Subtype Apartment
Gross Income 280260
Community Features Sidewalks
County Los Angeles
Net Operating Income 168379
Operating Expense 103473
Insurance Expense 7500
New Construction false
Property Type Residential Income
MaintenanceExpense 11000
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Head west off of PCH and turn north on Cyrpess Ave
City Hermosa Beach
Entry Location Front
Senior Community Y/N false
Number Of Units Total 10
MLS Area 148 - Hermosa Bch Sand
Lot Size Units Square Feet
Lot Size Square Feet 6298
Carport Spaces 9
Carport Y/N true
Number of Units Leased 10
Listing Terms Cash Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 1265
Fuel Expense 2484
Trash Expense 5805
Water Sewer Expense 2598
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 4
Total Actual Rent 22795
Property Sub Type Additional Apartment
Taxes 47733
Cap Rate 4.01
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Interior
Total Stories 3
Common Walls No Common Walls
Heating Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 13
Lot Size Area 6298
Number of Buildings 2
Building Area Total 4538
Lot Size Acres 0.1446
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 11
Number of Separate Electric Meters 11
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* Excluded Features
List By
N. P. Property Management Inc.

Broker

freddy@nppmgt.com

Email

Affordability Calculator

$26,519
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Monthly Principal & Interest
$26,519
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/6/2026$4,200,000 Listed Price

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838 Cypress, Hermosa Beach, CA, 90254 is a Multi-Family Home for sale at $4,200,000 with 4,538 sqft and a lot size of 0.1446. 838 Cypress is a studio with 1.0 baths and was built in 1971. The property's zip code is 90254 which is in Hermosa Beach, CA