$5,500,000
For Sale

114 The Strand

Hermosa Beach, CA 90254
2800 sqft | 4 beds | 4 baths | 0.06 acres | #SB24201235
Listing OfficeStrand Hill Properties
Browse 21 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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.

  • Interior Details
      • Bedrooms4
      • Bathrooms4
      • Full Baths4
  • Property Details
      • ViewOcean, Panoramic, Water
      • Lot DescriptionTwoToFiveUnitsAcre
      • Stories2
    • Measurements
      • Acres0.0553
      • Square Feet2800
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1910
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictManhattan Unified
      • CountyLos Angeles
  • Financial Details
      • Original List Price$5,500,000
  • Other
      • MLS #SB24201235

Location

Lynn O'NeilReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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