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838 Cypress Avenue is a two-building structure that has a total of 10 studio units (4 units in the front building and 6 units in the rear building). This property is an exceptional investment opportunity in one of Hermosa Beach's most desirable neighborhoods. Perfectly positioned west of Pacific Coast Highway, 838 Cypress Avenue offers an unbeatable coastal lifestyle just blocks from the sand, surf, and vibrant downtown. Everyday conveniences are just minutes away, including grocery stores, coffee shops, pharmacies, and local services. Outdoor enthusiasts will appreciate nearby parks, the Greenbelt walking trail, and numerous recreational opportunities throughout the South Bay. The property is served by the highly regarded Hermosa Beach City School District, with Hermosa View School and Hermosa Valley School nearby, making the location attractive to a wide range of tenants and residents. Whether you're seeking a long-term investment or an exceptional coastal asset, 838 Cypress Avenue combines an irreplaceable beach location with outstanding lifestyle amenities in one of Southern California's premier seaside communities.This property has had its front building deck/roof replaced in November 2025 and is in full compliance with the SB -721 Ordinance.
Listing agent: Frederick Okuda DRE #02073148 freddy@nppmgt.com, Listing office: N. P. Property Management Inc.
MLS data updated 10/17/2026, 1:15:21 AM PT
Source: CRMLS, MLS #: TR26146221
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 1, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$3,800,000Asking price recorded · Oct 1, 2026ZIP 90254 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.