640 2nd
About This Property
Character and comfort come together in inspiring fashion, featuring coved plaster ceilings, built-in china cabinets, a cozy fireplace, crystal doorknobs, and kiln-dried pine floors. The spacious, recently remodeled kitchen is ideal for family gatherings, complete with a massive eat-on island, lustrous quartz countertops, abundant cabinetry, and modern stainless-steel appliances.
The home includes two sumptuous remodeled bathrooms, newer windows, a stackable washer and dryer, and ample closet space throughout. Outside, the oversized lot showcases an incredible south-facing grassy yard and gracious patio, all just six blocks from the pristine sands of Hermosa Beach.
There are five spacious bedrooms, two of which share a large balcony overlooking the backyard-perfect for soaking in coastal breezes. It's the modern comfort of a bygone era.
Nestled in one of Hermosa Beach's most desirable neighborhoods, 640 2nd Street truly captures the essence of relaxed coastal living. As an added bonus, the property is zoned for two units, offering future development potential to build two townhomes or add a second unit and garage at the rear.
Conveniently located near transportation, shopping, recreation, and employment, this home is truly a pearl among tasty oysters. Come experience it-and fall in love.
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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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Listed by DOMO Real Estate | $2,499,000 | |
| Listed by DOMO Real Estate | |||
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About Hermosa Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017