1
Map
918 3rd Street
About This Property
The main level offers 2 bedrooms and 2 bathrooms across 1,038 sq ft, featuring an open-concept layout filled with natural light through custom wood-clad Milgard windows and louvre windows. The living room enjoys peek ocean views and Malibu hill vistas, while real hardwood floors, custom cement tile, reclaimed wood doors, and Indonesian-imported hardware create a rich, design-forward aesthetic throughout.
Expansive cantina doors open to a lush rear deck, creating seamless indoor/outdoor living surrounded by mature greenery-ideal for entertaining or everyday relaxation. Above, an elevated deck captures more expansive ocean views and sweeping Malibu hill views, offering a true coastal vantage point.
The lower level includes a private guest studio (approx. 394 sq ft) with its own kitchenette and bathroom, providing excellent flexibility for guests, extended stays, or work-from-home needs. A finished bonus space (approx. 177 sq ft) off the garage adds additional versatility for office, gym, or creative use.
Situated on a generous 4,523 sq ft lot, the property offers potential for future expansion, including the possibility of adding square footage or an ADU (buyer to verify).
Recent improvements include upgraded electrical and plumbing, central air conditioning, a newer roof, and gutter systems with protective screens.
With 3-car parking and a premier Hermosa Beach location just moments from the beach, shops, and restaurants, this is a rare opportunity to own a truly unique, design-forward property with both lifestyle and long-term potential.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 10, 2026 | Sold | ||
| Sold | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Listed by Beach City Brokers | $2,199,000 | |
| Listed by Beach City Brokers | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Hermosa Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,995 /mo
- 3 Beds
- 2 Baths
- 2,037 ft²
$10,000 /mo
- 4 Beds
- 3 Baths
- 2,467 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017