114 The Strand, Hermosa Beach, CA 90254
-
Listed Price :
$5,500,000
-
Beds :
N/A
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Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1910
Property 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 Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
114 The Strand |
| City |
Hermosa Beach |
| State |
CA |
| Zip |
90254 |
| County |
Los Angeles |
| Listing Agent |
Shawn Dugan DRE #01749343 |
| Courtesy Of |
Strand Hill Properties |
| List Price |
$5,500,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
2,411 |
| Year Built |
1910 |
Listing information courtesy of: Shawn Dugan, Strand Hill Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 18th, 2024 at 5:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
