114 The Strand Hermosa Beach, CA 90254
Listing Courtesy of: CRMLS / Morningside Office / Shawn Dugan - Contact:  manonthestrand@gmail.com

  114 The Strand Hermosa Beach, CA 90254

Active (24 Days)
$5,500,000

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.

MLS #:
SB24206926
Lot Size
2,411 SQFT
Type
Multifamily
Year Built
1910
Views
Water, Panoramic, Ocean, Catalina
County
Los Angeles County

Listed By

Shawn Dugan, DRE ##01749343, Morningside Office, Contact: manonthestrand@gmail.com
Source
CRMLS
Last checked Jan 2 2025 at 6:44 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Common Area
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Stories
  • 2
Additional Information: Morningside Office | manonthestrand@gmail.com
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.