1217 24th Street
Hermosa Beach, CA 90254
Listing broker / agent: Lyon Stahl Investment Real Estate, Inc. · Cameron Samimi · 310-259-7556 · CRMLS
MLS # SB26243177 · Last checked Nov 14, 2026 18:53 UTC
About this property
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.
Property details
- MLS number
- SB26243177
- Status
- Coming Soon
- Type
- Residential Income
- Subtype
- Duplex
- Lot size
- 0.0689 acres
- County
- Los Angeles
- Year built
- 1973
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 0
Building
- Year built
- 1973
- Year built source
- Assessor
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
Rooms & interior
- Laundry
- Inside, In Garage
Exterior & parking
- Total parking spaces
- 5
- Garage spaces
- 2
- Parking
- Garage
- Pool
- None
- Lot features
- Back Yard
- Lot size source
- Other
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Biking, Curbs, Street Lights, Suburban, Sidewalks
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Mira Costa High Manhattan Beach Unified · Manhattan Beach | 9–12 | 0.2 mi |
| Hermosa View Elementary (school website, opens in a new tab) Hermosa Beach City Elementary · Hermosa Beach | Not reported | 0.3 mi |
| Aurelia Pennekamp Elementary Manhattan Beach Unified · Manhattan Beach | K–5 | 0.5 mi |
| Hermosa Valley Elementary (school website, opens in a new tab) Hermosa Beach City Elementary · Hermosa Beach | 5–8 | 0.5 mi |
| Hermosa Vista (school website, opens in a new tab) Hermosa Beach City Elementary · Hermosa Beach | 2–4 | 0.6 mi |
| Opal Robinson Elementary Manhattan Beach Unified · Manhattan Beach | K–5 | 0.8 mi |
| Birney Elementary (school website, opens in a new tab) Redondo Beach Unified · Redondo Beach | K–5 | 0.9 mi |
| Jefferson Elementary (school website, opens in a new tab) Redondo Beach Unified · Redondo Beach | K–5 | 1.1 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,699,000
- MLS-reported original asking price
- $1,699,000
| Observed (UTC) | Asking price |
|---|---|
| Nov 13, 2026 18:18 | $1,699,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
- MLS-reported annual tax (year not provided)
- $18,689
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Hermosa Beach
Active residential homes for sale in Hermosa Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
9 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-14 21:21 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.