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838 Cypress
Hermosa Beach, CA 90254
Listing agent / office Frederick Okuda, N. P. Property Management Inc. (213-377-4203).
For more information on this listing, contact us at: (310) 736-8484
Active
$3,600,000
-14.3%
838 Cypress Hermosa Beach, CA 90254
Apartment
Property Type
4,538
Sq. Ft.
1971
Year Built
Los Angeles
County
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.
MLS #
TR26146221
Monthly HOA
N/A
On Market
121 Days
Last Updated
10/27/2026
Location
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Property Details
Community Information
Address
838 Cypress, Hermosa Beach, CA 90254
Area
Hermosa Bch Sand
County
Los Angeles
City
Hermosa Beach
Zip Code
90254
Architecture
Year Built
1971
Stories
3
Building Area
4538.0
Number of Buildings
2
Total Units
10
Stories Total
3
Unit 1
1 Unit • 1 Bath • Partially • $2,330 actual rent • $2,330 total rent • $2,450 pro forma
Unit 2
1 Unit • 1 Bath • Unfurnished • $2,260 actual rent • $2,260 total rent • $2,450 pro forma
Unit 3
1 Unit • 1 Bath • Unfurnished • $2,280 actual rent • $2,280 total rent • $2,450 pro forma
Unit 4
1 Unit • 1 Bath • Unfurnished • $2,360 actual rent • $2,360 total rent • $2,450 pro forma
Unit 5
1 Unit • 1 Bath • Unfurnished • $2,340 actual rent • $2,340 total rent • $2,400 pro forma
Unit 6
1 Unit • 1 Bath • Unfurnished • $2,225 actual rent • $2,225 total rent • $2,375 pro forma
Unit 7
1 Unit • 1 Bath • Unfurnished • $2,210 actual rent • $2,210 total rent • $2,400 pro forma
Unit 8
1 Unit • 1 Bath • Unfurnished • $2,360 actual rent • $2,360 total rent • $2,375 pro forma
Unit 9
1 Unit • 1 Bath • Unfurnished • $2,210 actual rent • $2,210 total rent • $2,375 pro forma
Unit 10
1 Unit • 1 Bath • Unfurnished • $2,220 actual rent • $2,220 total rent • $2,375 pro forma
Garage Spaces
4.0
Carport Spaces
9.0
Features / Amenities
Laundry
Common Area
Entry Level
1
Entry Location
Front
Common Walls
No Common Walls
Parking Features
Assigned
Parking Total
13.0
Heating
Floor Furnace
Property Features
Lot Size
6,298 Sq. Ft. / 0.14 Acres
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer
Water
Public
Directions
Head west off of PCH and turn north on Cyrpess Ave
Tax and Financial Info
Cap Rate
4.85
Gross Income
$280,260
Gross Scheduled Income
$273,540
Net Operating Income
$174,758
Electric Expense
$1,265
Fuel Expense
$2,484
Gardener Expense
$1,920
Insurance Expense
$7,500
Maintenance Expense
$11,000
New Taxes Expense
$41,353
Pest Control Expense
$420
Mortgage Calculator
Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
Price Change History
| Date | Old Price | New Price | Percent Change |
| 9/1/2026 | $4,200,000 | $4,100,000 |
-2.4%
|
| 10/5/2026 | $4,100,000 | $3,800,000 |
-7.3%
|
| 10/27/2026 | $3,800,000 | $3,600,000 |
-5.3%
|
Schools
Walking and Transportation
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Based on information from California Regional Multiple Listing Service, Inc. as of November 4, 2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of November 4, 2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.