838 Cypress Ave, Hermosa Beach, CA, 90254
About This Home
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.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1971
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bathrooms: 10
Features
- Common walls with other units/homes: No Common Walls
Heating
- Heating features: Floor Furnace
Interior Area
- Total structure area: 4,538
- Total interior livable area: 4,538 sqft
Property
Details
- Parcel number: 4187014052
- Special condition: Standard
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Front
- Pool features: None
Lot
- Lot size: 6,298 sqft
- Features: 0-1 Unit/Acre
Parking
- Total spaces: 13
- Parking features: Assigned
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 13
- Carport: Yes
- Carport spaces: 9
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
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $21,237 | $254,844 |
| Home Insurance * | $534 | $6,408 |
| Property Taxes | $2,345 | $28,140 |
| Electricity | $973 | $11,677 |
| Total | $25,089 | $301,068 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-06 | Listed for sale | $4,200,000 |
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