$5,999,000

20 22nd St Hermosa Beach, CA 90254

7 beds
6 full
3,646 sqft
0.08 acres
$1,645 / sqft
House

Property details

About 20 22nd St

JUST REDUCED by $976,0000 this Class A 5-unit apartment building sits one off Hermosa Beach Strand. With $357,348 in pro forma annual gross income and $258,921 in pro forma net income (4.3% cap rate). This is high-end trophy asset has 7 parking spots and consists of: (1) 2-Bed/2-Bath unit with an OCEAN VIEW, (1) 2-Bed/1-Bath unit that has an amazing patio and OCEAN VIEW as well as (3) 1-Bed/1-Bath units. This high-end luxury building offers a turnkey investment opportunity in one of the most exclusive neighborhoods within the South Bay.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size3,646 sqft
Lot size0.0757 Acres
Year built1959
ParkingAttached Carport, Storage
MLS #SB25008552
Attached garage7 spaces
WaterfrontBeach
ViewOcean

Summary

  • MLS Number: SB25008552
  • MLS Name: CRMLS
  • Office Name: Joseph Group
  • Office Phone: (310) 415-4655
  • Listing Agent: William Joseph

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space

$5,999,000

20 22nd St

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Price information

Property sales

DateEventPrice
Mar 12, 2014
Home Sold
$228,000
Nov 01, 2013
Home Sold
$1,650,000

Tax history

YearAssessmentProperty Tax
2024$2,257,770$25,573
2023$2,213,516$27,069
2022$2,170,130$27,115
2021$2,127,594$26,848
2020$2,105,037$25,999
2019$2,063,762$25,020
2018$2,023,297$24,796
2017$1,983,626$24,796

History based on county public records data.

Nearby schools

9

Robinson Elementary School

Public District KG-5

0.6 mi

80 Morningside Dr

9

Pennekamp Elementary School

Public District KG-5

1.1 mi

110 S Rowell Ave

9

Pacific Elementary School

Public District KG-5

1.4 mi

1200 Pacific Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $128,716. The most common annual income of people living in Hermosa Beach, CA is between $100k-200k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

15%
<35k
17%
35k-100k
45%
100k-200k
23%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

66%
Single, No Kids
4%
Single, with Kids
20%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
33%
18-34 yrs old
42%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Live TheatreLive Theatre
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 20 22nd St

This home is located at 20 22nd St in Hermosa Beach, CA and zip code 90254 in the Hermosa Beach Sand neighborhood. This 3,646 square foot home, which was built in 1959, sits on a 0.08 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 18, 2025 and is currently priced at $5,999,000.

Over 5 listings were sold over their listed price in February 2025 in Hermosa Beach, CA. In the same period over 10 listings were sold below the listed price and 1 listings were sold for the listed price. Between January and February 2025, Hermosa Beach, CA real estate market has seen increase in the number of listings by 15%. The median list price of listings available in February 2025 was $2,367,500, while the average time on the real estate market was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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