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316 8th
About This Property
This exceptional residence offers four spacious bedrooms plus a versatile bonus room complete with its own closet and bathroom-ideal as a fifth bedroom, guest suite, office, or flex space to fit your lifestyle. A very spacious loft adds yet another dimension to the home, perfect for a media room, game area, secondary living space, or creative studio.
Built prior to current height restrictions, the home features vaulted ceilings that create exceptional volume and natural light-an increasingly rare attribute in today's coastal construction. This pre-existing advantage contributes to a level of scale and livability that is rarely achievable today, as similar building height cannot be recreated under current zoning standards.
Thoughtfully upgraded throughout, the home includes Lutron automated lighting, motorized living room blinds, and a comprehensive 24/7 wired security camera system with DVR for enhanced reliability and peace of mind. Cat 6 wiring provides high-speed connectivity, while a whole-home water softener adds everyday comfort. Additional features include central A/C and a premium Sonos sound system for seamless audio.
Designed for both everyday living and elevated entertaining, the chef's kitchen is truly one-of-a-kind. Outfitted with top-tier appliances, it boasts dual dishwashers, a modular Gaggenau induction cooktop paired with gas, a BlueStar French door oven, and a Miele steam oven with built-in sous vide capability. A Sub-Zero refrigerator, wine fridge, and plumbing for an espresso machine complete this culinary masterpiece.
The top floor deck showcases unobstructable panoramic ocean views, creating the ultimate setting for sunset dinners, morning coffee, or hosting guests against a breathtaking coastal backdrop.
Recently remodeled with thoughtful attention to detail, this home offers the perfect blend of sophistication, functionality, and the quintessential Hermosa Beach lifestyle-all just moments from the sand, shops, and vibrant local dining.
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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%.
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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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jun 13, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Listed by eXp Realty of California Inc | $4,695,000 | |
| Listed by eXp Realty of California Inc | |||
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About Hermosa Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017