Hermosa Beach, CA Real Estate
According to census data in the year 2000 there were 9,813 housing units in Hermosa Beach.
This represents a 1.3% growth from 9,689 in 1990.
Of those housing units, 9,813 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Hermosa Beach is about 42.7%.
Hermosa Beach's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 1.94 people.
The majority of houses, apartments or condos in Hermosa Beach were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.60% |
| One Bedroom | 26.40% |
| Two Bedrooms | 32% |
| Three Bedrooms | 26.30% |
| Four Bedrooms | 5.90% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $519,200 |
| Median Price asked for vacant units | $763,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.73 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $1,156 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 12.20% |
| Home Equity Loan | 8.50% |
| Simple Mortgage | 60.80% |
| Debt Free | 18.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
