114 The Strand

Hermosa Beach, CA 90254

  • 5 Bed(s)
  • 4.5 Bath(s)
  • 2,800 Sqft
  • 2411
    Sqft(Lot)
$5,500,000

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

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47133720

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1910
    • Building Area Total: 2,800

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0553
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 2411

  • Listing Price Information

    • Original List Price: 5,500,000
    • Listing Contract Date: 2024-09-23

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4188003026

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 148 - Hermosa Bch Sand
    • Postal Code Plus 4: 5047
    • Directions: West on 2nd Street, south on Beach Drive.
    • Zoning: HBR3YY
    • Source Property Type: Residential Income
    • Area: 148 - Hermosa Bch Sand
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 114
    • Common Walls: 2+ Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 17:42

  • MLS: SB24206926
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 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.