Listed by manonthestrand@gmail.com - Shawn Dugan - DRE #01749343 - Strand Hill Properties 310-545-0707
$5,500,000 affordable loan icon Calculate Payment

114 The Strand Hermosa Beach, CA 90254

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Fourplex Residence
Beds
Baths
2,800 Sq. Ft.
0.06 Acre Lot

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Last updated on 12/1/2024 1:02 AM
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. Unloc...k 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. Continue reading
MLS#
SB24206926
Property Type
Fourplex
Status
Year Built
1910
Square Feet
2,800 sq. ft
Lot Size
0.06
Stories
2.0
Sewer
Public Sewer

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Listed by manonthestrand@gmail.com - Shawn Dugan - DRE #01749343 - Strand Hill Properties 310-545-0707
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 12/1/2024 1:02 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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