$5,500,000
114 The Strand Hermosa Beach, CA 90254
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$5,500,000
Est. payment /mo
4 Beds
4 Baths
2,800 SqFt
UPDATED:
10/19/2024 01:09 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.
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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