Is Hermosa Beach, CA a good place to invest in rental property?

Hermosa Beach, CA has a median modeled monthly cash flow of $-8,450 and a median cap rate of 1.6%, on a median sold price of $2,415,000. Prices changed -6.6% year over year.

What is the average cap rate in Hermosa Beach, CA?

The median cap rate across recently sold homes in Hermosa Beach, CA is 1.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hermosa Beach, CA?

The median sold price in Hermosa Beach, CA is $2,415,000 (about $1,208 per square foot).

Investing in Hermosa Beach, CA Real Estate

A data-driven snapshot of the Hermosa Beach, CA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$2,415,000Median sold price

$1,208Median $/sqft

1.6%Median cap rate

$-8,450Modeled cash flow / mo

-6.6%Appreciation YoY

11.0Months of supply

162Active listings

177Sold (last 12 mo)

What the Hermosa Beach numbers say

In Hermosa Beach, CA, the median home sold for $2,415,000 (about $1,208 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-8,450 of monthly cash flow. Sold prices moved -6.6% over the past year. Inventory sits at about 11.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other California markets to compare

See Hermosa Beach cash-flowing listings

CashFlowRE ranks every for-sale home in Hermosa Beach, CA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Hermosa Beach deals, or browse the national market data.