This is your chance to own a 4-unit building on a full 30' x 80&#..

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Townhome/Townhouse For Sale

114 The Strand

Hermosa Beach, California 90254

Los Angeles County Ocean View: Yes

Community: 

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$5,500,000 5 br, 5.0 bath 2800 sq. ft. 0.055 acres

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 on the world-famous Hermosa Beach Strand. With stunning ocean views and an unbeatable location, 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--whether it's a mix of units for optimal income or a luxurious, expansive residence. If you're simply looking to invest, this irreplaceable beachfront property already generates immediate rental income, making it a solid 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.

While this property has fantastic bones, with the right attention, there's significant rental growth potential. Making this property a smart long-term investment in a location where beachfront properties are becoming increasingly scarce. Don't miss out on this rare opportunity to own a piece of Hermosa Beach history with endless upside potential.

Interior:
  • Bedrooms: 5
  • Baths: 5.0
  • Sq Ft: 2800
  • Year Built: 1910
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.055 acre
  • Lot Dimensions: 
  • View Types: Ocean, Panorama, Water
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: SB24206926
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Contact Information:
Beach Townhome/Townhouse For Sale in Hermosa Beach, California
Listing Agent: Shawn Dugan, Strand Hill Properties, 310-265-3428, 310-545-0707 Listing Site, Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5448436
Viewed 39 times.
Updated: Oct 08, 2024

This property is a Townhome/Townhouse located at 114 The Strand, Hermosa Beach, California 90254, and is currently For Sale at $5,500,000. This Townhome/Townhouse has 5 bedrooms, 5.0 baths, 2800 sq ft.

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