114 The Strand, Hermosa Beach, CA 90254

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$5,500,000

Est. payment - /mo

4 Beds

4 Baths

2,800 SqFt

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UPDATED:

12/13/2024 06:57 AM

Key Details

Property Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $1,964

MLS Listing ID SB24201235

Style All Other Attached

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1910

Lot Size 2,411 Sqft

Acres 0.0553

Property Description

This is your chance to own a 4-unit building on a full 30 x 80 beachfront lot for under $6M, offering the best value available on the world-famous Hermosa Beach Strand. With stunning ocean views, this property provides endless possibilities for investors seeking a premium beachside asset. Unlock the potential of this property by exploring the various development options available. Create a breathtaking owner's unit while still maintaining rental income from the remaining units. Take advantage of the interior stairway to reconfigure the space to suit your needs. If you're simply looking to invest, this irreplaceable beachfront property generates immediate rental income, making it a strong option for a 1031 exchange. The property comes with dedicated 3-car parking, a valuable amenity in this sought-after beach community. Plus, you're just steps away from the shops and dining of downtown Hermosa Beach, providing convenience and a vibrant lifestyle. 114 The Strand is a smart long-term beachfront investment, at a price range that is becoming increasingly scarce on The Strand. Dont miss out on this rare opportunity to own this prime Hermosa Beach property with big upside potential.
This is your chance to own a 4-unit building on a full 30 x 80 beachfront lot for under $6M, offering the best value available on the world-famous Hermosa Beach Strand. With stunning ocean views, this property provides endless possibilities for investors seeking a premium beachside asset. Unlock the potential of this property by exploring the various development options available. Create a breathtaking owner's unit while still maintaining rental income from the remaining units. Take advantage of the interior stairway to reconfigure the space to suit your needs. If you're simply looking to invest, this irreplaceable beachfront property generates immediate rental income, making it a strong option for a 1031 exchange. The property comes with dedicated 3-car parking, a valuable amenity in this sought-after beach community. Plus, you're just steps away from the shops and dining of downtown Hermosa Beach, providing convenience and a vibrant lifestyle. 114 The Strand is a smart long-term beachfront investment, at a price range that is becoming increasingly scarce on The Strand. Dont miss out on this rare opportunity to own this prime Hermosa Beach property with big upside potential.

Location

State CA

County Los Angeles

Area Hermosa Beach (90254)

Zoning HBR3YY

Interior

Fireplaces Type Patio/Outdoors

Exterior

View Ocean, Panoramic, Water, White Water

Total Parking Spaces 3

Building

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Monthly Total Fees $72

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

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Listed by Shawn Dugan • Strand Hill Properties

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