Bright, spacious, and thoughtfully designed, 1245 8th Street pairs
open living with effortless indoor-outdoor flow on a quiet
cul-de-sac street. Beyond double entry doors, a dramatic
double-height foyer introduces the home and leads upstairs to the
main living level. High ceilings, oversized windows, and abundant
natural light define the open living space, anchored by a
floor-to-ceiling fireplace, front-facing reading nook, and balcony.
The kitchen and dining areas flow naturally together, featuring
generous waterfall quartz countertops, breakfast bar, newer
stainless steel appliances, a marble backsplash, freshly painted
cabinetry, smart dimming light switches, and clear sightlines
throughout the main living spaces. Privately positioned at the
rear, the primary suite features custom oversized sliding doors
opening to a private terrace overlooking the backyard, with direct
stair access outside. The primary bath is appointed with dual sinks
and an oversized glass-enclosed rainfall shower with multiple
showerheads and customizable temperature and pressure controls. The
lower level includes two generously sized bedrooms, abundant
built-in storage, a laundry area, and a full bath with tub. Newly
installed central A/C throughout, along with a spacious two-car
garage offering additional storage and an EV charging outlet, adds
everyday convenience. Outside, the low-maintenance backyard is
designed for dining and entertaining with site-tailored black
concrete patio framed by mature palm trees, surround sound speaker
system, and built-in bench seating with a gas fire pit. A standout
feature of the home is its seamless coastal accessibility. 8th
Street serves as an uninterrupted corridor leading directly west
toward the Pacific Ocean. From the elevated setting, head west from
the driveway across PCH, past the scenic Hermosa Valley Greenbelt,
and continue directly to the world-famous Strand and sandy
shoreline. Blending light-filled interiors, inviting outdoor
spaces, and exceptional access to the coast, 1245 8th Street offers
an effortless setting for the Hermosa Beach lifestyle.
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.
Parking Features: Concrete, Driveway, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Garage Door Opener, Off Street, Side By Side, DoorSingle
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Balcony, SeparateFormalDiningRoom, QuartzCounters, SunkenLivingRoom, Unfurnished, BedroomOnMainLevel
Appliances: Convection Oven, Double Oven, Dishwasher, ENERGY STAR Qualified Appliances, Exhaust Fan, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Refrigerator, Water Heater, Dryer, Washer
Flooring Type: Vinyl
Door Features: Sliding Doors, DoubleDoorEntry
Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside, Stacked
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017