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117 Prospect Avenue
About This Property
Bathed in abundant natural light, the home exudes warmth and character throughout. Whether you envision enjoying it exactly as it is or creating your dream coastal retreat, the possibilities are endless. Add a second story to capture sweeping panoramic ocean views, or transform the oversized one-car garage into a stylish ADU, private office, home gym, or creative flex space for added square footage and versatility.
The inviting kitchen offers direct access to the side patio, creating the perfect setting for effortless indoor-outdoor living, al fresco dining, morning coffee, or a tranquil retreat for children and pets to play. A massive gated front yard provides even more space to expand, entertain, garden, or simply soak in the ocean breeze. Freshly painted interior and an eat-in kitchen option make this home truly move-in ready while still offering incredible potential to personalize and make it your own.
Ideally located in the heart of the Hermosa Hills, you're just moments from the Greenbelt, the beach, award-winning Hermosa schools, and vibrant Pier Avenue, where trendy restaurants, coffee shops, boutiques, and lively nightlife await.
Don't miss this rare opportunity to own your slice of the idyllic beach lifestyle in one of Hermosa Beach's most desirable neighborhoods.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Listed by Redfin Corporation | $1,200,000 | |
| Listed by Redfin Corporation | |||
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About Hermosa Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017