Samimi CRE Advisors

    Apartment Broker in Hermosa Beach

    Hermosa Beach apartment broker — Cameron Samimi covers multifamily across the Sand Section, the Valley, and the East Hermosa hillside. Tight coastal market with active Builder's Remedy redevelopment exposure.

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    Hermosa Beach closings

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    Units sold

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    Volume in Hermosa Beach

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    Avg $/unit

    Hermosa Beach Market

    What you actually need to know about Hermosa Beach multifamily

    Hermosa Beach is a small, tight coastal South Bay multifamily market with strong fundamentals and increasingly active redevelopment activity. Cap rates on stabilized product trade tight — 4–4.5% is typical for coastal-proximate buildings — and tenant demand is anchored by the same tech/finance/entertainment executive pool that drives Manhattan Beach. Most product is 2–10 units, built 1955–1985, with meaningful land-value component. No local rent stabilization ordinance; AB 1482 applies to most product. Hermosa has been out of Housing Element compliance recently, which has activated Builder's Remedy entitlement value on select redevelopment sites — a live factor in current pricing. Sub-pockets (Sand Section, Valley, East Hermosa) price meaningfully differently.

    Why Hermosa Beach owners hire Cameron

    Local proof, not generic LA coverage.

    Closed Hermosa Beach coastal multifamily transactions

    Current read on Hermosa's Builder's Remedy and Housing Element status

    Access to the buyer pool that pays Manhattan/Hermosa coastal pricing

    Hermosa Beach apartment buildings for sale

    1 active listing currently represented by Cameron Samimi.

    Active multifamily listings represented by Cameron Samimi in Hermosa Beach, showing address, unit count and asking price
    PropertyCityUnitsAsking pricePrice / unit
    1500 Manhattan AveHermosa Beach6$4,400,000$733,333

    Active listings represented by Samimi CRE Advisors. Pricing is subject to change — view all listings.

    Hermosa Beach closed apartment sales record

    5 closings totalling $14,839,000 in recorded sale price, brokered by Cameron Samimi. These are his own closed transactions, not third-party market estimates.

    Closed multifamily sales by Cameron Samimi in Hermosa Beach, showing address, unit count, sale price and closing month
    PropertyUnitsSale pricePrice / unitClosed
    718 5thHermosa Beach, CA4$3,000,000$750,000Oct 2025
    726 5thHermosa Beach, CA4$3,000,000$750,000Oct 2025
    710 5thHermosa Beach, CA4$3,000,000$750,000Oct 2025
    1119 9thHermosa Beach, CA—$2,950,000—Sep 2022
    1119 9th StHermosa Beach, CA—$2,889,000—Jul 2021

    Sale data recorded from closed escrows and public listing records, last updated 2026-09-10. Unit counts shown only where a verified count exists. See all closed deals · How these figures are counted.

    Hermosa Beach FAQ

    Questions from Hermosa Beach apartment owners

    Hermosa Beach multifamily sales data

    Aggregate figures from Samimi CRE Advisors' own closed Hermosa Beach apartment sales — not a third-party estimate.

    Aggregate Hermosa Beach multifamily sale statistics from Samimi CRE Advisors closed transactions, 2021–2025
    Closed transactions (2021–2025)5
    Total closed volume$15M
    Median closed sale price$3,000,000

    Updated 2026-09-10. Medians reflect one brokerage team's closings and are not a full-market index. Price-per-unit is calculated only on transactions with a recorded unit count of two or more. Full LA County dataset and methodology.

    Nearby markets & resources

    Free Hermosa Beach apartment building valuation

    Talk to Cameron Samimi — 310.259.7556 or cameron@lyonstahl.com.

    Get My Valuation