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624 1st Pl, Hermosa Beach, CA, 90254

3beds
1baths
1,436sqft
$2,299,000
$1,601price/sqft
$14,382/moest. monthly cost
$575,280/yrincome needed

About This Home

Welcome to 624 1st Place, a rare opportunity in the heart of Hermosa Beach offering exceptional versatility for homeowners, investors, and developers alike. Just moments from the sand, this unique property features a charming main residence plus a separate attached 1-bedroom, 1-bath unit complete with its own kitchenette — ideal for extended family, guests, or supplemental rental income. The flexible floor plan allows the option to live in the front home while generating income from the rear unit, currently estimated at approximately $2,500 per month. The existing layout also provides the opportunity to combine both spaces into one larger residence with approximately 1,436 square feet of living space. For those seeking future development potential, the property presents a rare chance to build two modern residences of approximately 2,900 square feet each in one of the South Bay’s most sought-after coastal communities (buyer to verify with city). Currently tenant-occupied on month-to-month leases, the property offers immediate rental income and flexibility for future plans, with the front home generating $3,900 per month and the rear unit generating $2,500 per month. Beyond the property itself, enjoy the best of the Hermosa Beach lifestyle — close proximity to the beach, local shops, restaurants, parks, and award-winning schools, all within a vibrant coastal community conveniently located near everything Los Angeles has to offer. Whether you’re searching for a primary residence, income-producing property, or future development project, this is an exceptional opportunity to maximize value in one of Southern California’s most desirable beachside neighborhoods.

Getting Around

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
83
BikeVery Bikeable

Schools

10/10
Hermosa Vista SchoolGrades 2-41.3 mi

Construction

Condition

  • Year built: 1922

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Cooling

  • Cooling features: None

Features

  • All Bedrooms Down
  • Fireplace features: Electric
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total interior livable area: 1,436 sqft

Property

Details

  • Parcel number: 4188023017
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 4,618 sqft
  • Features: Front Yard

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,624$139,488
Home Insurance *$292$3,504
Property Taxes $2,068$24,816
Electricity $398$4,786
Total$14,382$172,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$493,097/yr
40% on housing$431,460/yr
45% on housing$383,520/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,601This listing

vs Other Active Listings

Avg $/sqft

ZIP 90254$1,004
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90254$1,308
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-15Listed for sale$2,299,000
2024-01-12Sold$1,750,000
2023-12-13Pending sale$1,900,000
2023-12-01Price change$1,900,000
2023-11-16Listed for sale$2,000,000
2023-10-12Pending sale$2,000,000
2023-08-30Listed for sale$2,000,000

For Sale by Agent

AgentHany Bekhit
BrokerageWest Shores Realty, Inc.

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