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.
|
DAYS ON MARKET
|
23
|
LAST UPDATED
|
10/8/2024
|
|
YEAR BUILT
|
1910
|
COMMUNITY
|
Hermosa Bch Sand
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AREA |
Hermosa Bch Sand |
| HOA DUES |
0 |
| LOT |
2411 sq ft |
| LOT DESCRIPTION |
2-5 Units/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Catalina,Ocean,Panoramic,Water |
| WATER |
Public |
| ZONING |
HBR3YY |
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Listed with Strand Hill Properties
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/30/24 2:29 PM PDT and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2024.
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