714-745-2708

1217 24th Street, Hermosa Beach, CA 90254

$1,699,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Cameron Samimi | cameron@lyonstahl.com
Lic#: 02035763
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 310-259-7556

Agent Remarks

1217–1219 24th Street is a two-unit property (1,668 SF on a 3,002 SF lot, built 1973) with one 1-bedroom / 1-bath and one 2-bedroom / 2-bath residence. Five on-site parking spaces include a two-car garage. Larger than the typical Hermosa duplex, it suits an owner who wants to live in one residence and lease the other, or an investor seeking a well-scaled, high-demand beach asset. Unit 1 (1+1) is a fully furnished, successful operating Airbnb at $3,800 per month; Unit 2 (2+2) is delivered vacant. With both units run as Airbnbs (Unit 2 at $6,500 per month), scheduled income of $123,600 implies a 5.42% cap rate and 13.75 GRM at the $1,699,000 asking price. Hermosa Beach is one of the South Bay's most enduring residential markets. This walkable coastal city is defined by the Strand, Pier Plaza, dining, shops, and everyday amenities within minutes of the sand. Limited inventory, owner-occupier interest, and year-round visitor traffic support both long-term and short-term rental strategies. With Unit 1 operating as a short-term rental, a buyer may benefit from a cost segregation and bonus depreciation strategy. Consult your tax advisor. The STR scenario offers an uncommon South Bay income profile.

Listing Details

Property type: Duplex (Multi-Family)

Status: Coming Soon

Active by: 11/17/2026

MLS# SB26243177

Price: $1,699,000

Beds: 0

Baths: 0

Built in 1973

2 stories

0.07 acres

Lot size: 0.0689

County: Los Angeles

Zoning: HBC2

Parking description: Garage

Lot description: Back Yard

MLS area: 150 - Hermosa Bch East

Last Updated: 11/13/2026

Days On Market (DOM): 1

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This listing belongs to the 150 - Hermosa Bch East MLS area

Lat/Long: 33.872392, -118.392335.
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