Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB24206926
MLS Source
California Regional MLS
Days on Site
55
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
114 the Strand is a Residential Income in Hermosa Beach, CA 90254. This – square foot property sits on a 2,411 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,500,000 and was built in 1910. This address can also be written as 114 the Strand, Hermosa Beach, CA 90254.
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This listing information is up-to-date as of October 18, 2024. For the most current information, please contact Shawn Dugan, (310) 265-3428
