Active
114 The Strand
HERMOSA BEACH CA, 90254
$5,500,000
$1,964.29 per sqft
Active
4 Beds
4 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.
SB24201235MR
MLSⓇ ID
September 23, 2024
Listed
December 13, 2024
Updated
Map
114 The Strand
HERMOSA BEACH CA, 90254
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
4
Laundry Description
Laundry Area
Fireplace
Yes
Fireplace Description
Patio
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Lot Size
0.06 Acres
Sewer
Public Sewer
School Information
School District
Manhattan Unified
Other Property Details
Area Name
Hermosa Beach Sand
Days on Market
1
Garage
No
Parking Total
3
View
Yes
View Description
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 12/13/2024