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721 3rd St, Hermosa Beach, CA, 90254

2beds
3baths
1,352sqft
$1,549,000
$1,146price/sqft
$9,856/moest. monthly cost
$394,240/yrincome needed

About This Home

721 3rd Street is a beautifully updated corner unit townhome, ideally located just blocks from the greenbelt walking trail, the beach, The Strand, Downtown Hermosa, and within the award-winning Hermosa Beach School District. With an impressive score of 93 ("Walker's Paradise") on WalkScore.com, the location offers the ultimate coastal lifestyle, where restaurants, shops, parks, and the beach are all just moments away. Thoughtfully designed, this light-filled residence combines coastal charm with modern comfort. The open-concept floor plan is enhanced by soaring vaulted ceilings and an abundance of natural light, creating an inviting atmosphere throughout. The central kitchen features granite countertops and stainless steel appliances and flows seamlessly into the spacious dining and living areas, making it ideal for both everyday living and entertaining. Recent upgrades include fresh interior paint and luxury vinyl plank flooring throughout, giving the home a crisp, contemporary feel while complementing its timeless design. Outdoor living is exceptional with three separate spaces to enjoy the coastal lifestyle, including a private patio off the primary suite, a spacious balcony off the living room, and an expansive rooftop deck showcasing ocean views - perfect for entertaining, relaxing, or taking in spectacular sunsets. Additional highlights include generous closet and storage space, in-unit laundry, a secure gated entrance, two side-by-side garage parking spaces with a dedicated storage unit, and an additional outdoor community space. Move-in ready and ideally positioned in one of Hermosa Beach's most sought-after neighborhoods, this exceptional townhome offers the perfect blend of location, views, and lifestyle. Rarely does a home with this combination of ocean views, outdoor space, exceptional walkability, and value become available for under $1.6 million.

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
82
BikeVery Bikeable

Schools

10/10
Hermosa Vista SchoolGrades 2-41.2 mi

Construction

Condition

  • Year built: 1985

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Freezer,Gas Oven,Gas Range,Refrigerator,Dryer,Washer
  • Laundry features: Inside

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Separate/Formal Dining Room,All Bedrooms Down
  • Flooring: Vinyl
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below

Heating & Cooling

  • Heating features: Central
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,352 sqft

Property

Details

  • Parcel number: 4188029085
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Patio,Rooftop
  • Spa features: None
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 9,187 sqft

Parking

  • Total spaces: 2
  • Parking features: Gated,Side By Side
  • 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 $7,832$93,984
Home Insurance *$197$2,364
Property Taxes $1,429$17,148
Electricity $398$4,786
Total$9,856$118,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$337,920/yr
40% on housing$295,680/yr
45% on housing$262,826/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

$1,146This listing

vs Other Active Listings

Avg $/sqft

ZIP 90254$1,013
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)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$1,549,000
2026-07-31Listed for sale$1,549,000
2023-02-02Listing removed--
2023-01-29Listed for rent$4,800
2016-05-13Listing removed$4,200
2016-03-04Listed for rent$4,200
2015-02-18Listing removed$4,100
2015-01-17Listed for rent$4,100
2014-07-01Listing removed$3,990
2014-06-04Listed for rent$3,990
2011-04-29Sold$835,000
2011-04-08Price change$835,000
2010-06-11Price change$879,000
2009-12-23Listed for sale$849,000
2009-08-01Listing removed$849,000
2009-07-12Listed for sale$849,000
2006-04-13Sold$925,000
2003-08-13Sold$673,000

For Sale by Agent

AgentShawn Dugan
BrokerageStrand Hill Properties

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