1707 Pacific Coast Hwy UNIT 413, Hermosa Beach, CA, 90254 | 6.85% Rental Yield

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1707 Pacific Coast Hwy UNIT 413, Hermosa Beach, CA, 90254 | 6.85% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Hermosa Beach at 1707 Pacific Coast Hwy UNIT 413, Hermosa Beach, CA, 90254 offers a 6.85% rental yield on a $650,000 purchase with $3,708/mo rent. 31% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 94.22% and total cumulative return in cash at $201,482. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,708/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1972

1 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to Hermosa Surf. This oversized 1-bedroom, 1-bath residence offers approximately 726 sq ft of living space and a large balcony overlooking the serene courtyard. The interior is in near-original condition and ready for your remodeling vision. Live close to everything you love about Hermosa: cafes, shops, restaurants, and the beach. Downtown Hermosa Beach is just moments away, and its approximately 0.7 miles to the sand and Strand. Community amenities include laundry facilities, a pool and hot tub, a BBQ area, a fitness room, and convenient elevator service. The unit also comes with one parking spot in the underground parking garage. Whether youre a first-time homebuyer seeking value in a prime beach location or an investor looking for a smart addition to your portfolio, this is an excellent opportunity to customize and create your ideal coastal retreat.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90254, Hermosa Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,921 (100%)
Owner Occupied HU	4,169 (42.0%)
Renter Occupied HU	4,954 (49.9%)
Vacant Housing Units	798 ( 8.0%)
Median Home Value	$2,000,001
Average Home Value	$1,804,921