Active

114 The Strand

HERMOSA BEACH CA, 90254

$5,500,000


$1,964.29 per sqft

Active

5 Beds

5 Baths

2,800 sqft

Multi-family

Built in 1910

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. Don t miss out on this rare opportunity to own this prime Hermosa Beach property with big upside potential.

SB24206926MR

MLS ID

September 23, 2024

Listed

December 11, 2024

Updated

Map

114 The Strand
HERMOSA BEACH CA, 90254

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

5


Laundry Description

Laundry Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Hermosa Beach Sand


Days on Market

1


Garage

No


Parking Total

3


View

Yes


View Description

Catalina, Ocean, Panoramic, Water, White Water


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

HBR3YY

Listed by Shawn Dugan with Strand Hill Properties
Listing Contact: 310-265-3428 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor May-Ann Fisher | CA DRE# 01972930 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/11/2024

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