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. don’t miss out on this rare opportunity to own this prime hermosa beach property with big upside potential.
Property Type
ResidentialCounty
Los AngelesStyle
ResidentialAD ID
47134063
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 4
- Full Baths: 4
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Fireplace: Outside
Cooling Features
- None
- Air Conditioning
Fireplace
- Fireplace Features: Outside
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 1910
Pool Features
- None
Laundry Features
- Common Area
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0553
- Lot Size Source: Assessor
- Lot Size Square Feet: 2411
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Listing Information
Listing Price Information
- Original List Price: 5,500,000
- Listing Contract Date: 2024-09-23
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4188003026
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 148 - Hermosa Bch Sand
- Postal Code Plus 4: 5047
- Directions: Go west on 2nd St and then south on Beach Drive.
- Zoning: HBR3YY
- Source Property Type: Residential
- Area: 148 - Hermosa Bch Sand
- Property SubType: Quadruplex
Building and Construction
- Property Age: 114
- Common Walls: 1 Common Wall
- Structure Type: Quadruplex
- Year Built Source: Public Records
- Total Square Feet Living: 2800
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Quadruplex
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BuyOwner last updated this listing 11/21/2024 @ 17:22
- MLS: SB24201235
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 2,800 sqft, 2,411 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Hermosa Beach , in zip code 90254, this Los Angeles County Home are nearby neighborhoods.