RealKey
‪(213) 433-7766‬

2468 Silverstrand Avenue, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 4 bed, 3 bath

2468 Silverstrand Avenue, Hermosa Beach, California 90254 home-pic-0
ACTIVE$2,850,000
2468 Silverstrand Avenue, Hermosa Beach, California 90254
4Beds
3Baths
1,911Sqft
2,576Lot
Year Built
1929
Close
-
List price
$2.85M
Original List price
$2.85M
Price/Sqft
$1,491
HOA
-
Days on market
-
Sold On
-
MLS number
SB25117493
Home ConditionPoor
Features
Good View: Ocean
Patio
ViewOcean

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 5 Cons,6 Pros. Rank: price - $2.85M(54th), sqft - 1911(34th), beds - 4(50th), baths - 3(50th).

Prime Corner Lot on Coveted Silverstrand Ave. – Endless Potential in North Hermosa Beach Located in the highly sought-after Sand Section of North Hermosa Beach, this rare corner lot duplex presents a unique opportunity to own in one of the most prestigious coastal neighborhoods in the South Bay. The upper level features an ocean view and a spacious 2-bedroom unit with an additional office, ideal for remote work or guest accommodations. Below is a charming apartment - perfect for rental income or extended family. The outdoor spaces are incredible featuring front, side, and back yards. Plenty of spots for you to enjoy cool coastal breezes. Whether you’re an investor looking for solid rental potential or envision building your dream beach home with an ADU, this property offers unmatched flexibility and long-term value—all within walking distance to the beach, award-winning schools, and vibrant local dining and shops. Don't miss this exceptional opportunity to own a piece of paradise on one of Hermosa’s most coveted streets.

Nearby schools

9/10
Opal Robinson Elementary School
Public,•K-5•0.4mi
10/10
Hermosa View Elementary School
Public,•K-3•0.7mi
8/10
Hermosa Valley Elementary School
Public,•4-8•0.5mi
9/10
Manhattan Beach Middle School
Public,•6-8•1.6mi
9/10
Mira Costa High School
Public,•9-12•0.7mi

Price History

Date
Event
Price
09/30/25
Sold
$2,500,000
04/12/18
Sold
$875,000
10/18/17
Sold
$2,025,000
10/13/16
Sold
$1,975,000
05/14/04
Sold
$1,362,500
06/12/98
Sold
$539,000
Condition Rating
Poor
Built in 1929, this property's age is a significant factor. The kitchens feature dated tiled countertops, older cabinets, and basic appliances (white range, black dishwasher), while the bathrooms have basic vanities and outdated light fixtures. Although the property appears maintained, the listing description explicitly states it 'likely requires extensive renovation or a complete rebuild,' indicating a need for substantial rehabilitation rather than minor updates. The presence of a window AC unit suggests a lack of modern central cooling. While not unlivable, the property's condition, style, and features are significantly outdated and would require a major capital investment to meet current quality standards, aligning with the 'poor' category.
Pros & Cons

Pros

Great Schools: Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Exceptional Location: Prime corner lot situated in the highly sought-after Sand Section of North Hermosa Beach, offering unparalleled access to the beach, award-winning schools, and vibrant local amenities.
Ocean Views: The upper level of the property boasts desirable ocean views, significantly enhancing its appeal and value in this coastal market.
Duplex Income Potential: The existing duplex configuration provides immediate opportunities for rental income or flexible living arrangements for extended family, appealing to investors and multi-generational households.
Development & ADU Potential: This rare corner lot offers unmatched flexibility and long-term value, presenting an ideal opportunity for future redevelopment, including building a dream beach home with an Accessory Dwelling Unit (ADU).
Generous Outdoor Space: The property features incredible front, side, and back yards, providing ample private outdoor living space to enjoy the cool coastal breezes.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2576, living area = 1911.
Recently Sold Property: The property was recently sold within the past year on 2025-09-30. The sold price is $2,500,000.00.
Significant Overpricing: The current list price is substantially higher than the property's estimated market value, suggesting a potential overvaluation that may deter buyers.
Age and Condition of Structure: Built in 1929, the existing duplex likely requires extensive renovation or a complete rebuild, necessitating significant additional capital investment from the buyer.
High Renovation/Rebuild Costs: Given the property's age and the emphasis on its 'endless potential' for a 'dream beach home,' buyers should anticipate substantial costs for necessary upgrades or a full redevelopment.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state