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$ 8,995,000
Est. payment | /mo
3,908 SqFt
$ 8,995,000
Est. payment | /mo
3,908 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,908 sqft
Price per Sqft $2,301
MLS Listing ID CRSB25184514
HOA Y/N No
Year Built 1928
Lot Size 2,403 Sqft
Acres 0.06
Property Sub-Type Other
Property Description
Welcome to 1836 The Strand, an exceptional beachfront 5-unit property located in highly sought-after North Hermosa Beach. Very rarely does one encounter an opportunity to acquire a “to the studs†fully remodeled property spanning 3,908 sq.ft., 11 bedrooms and 7 bathrooms, under $9M on this prime stretch of The Strand. Fully renovated from top to bottom, this property showcases meticulous attention to detail, including all visible elements, plumbing, electrical and more. Grandfathered beyond current building restrictions, this property stands taller and wider than what is now permitted for new construction, offering uniquely breathtaking ocean views from four of the five units. Wake up to the soothing rhythm of the waves and panoramic ocean views stretching from Malibu to Catalina Island. Unmatched in its prime location, 1836 The Strand provides the epitome of the Southern California beachfront lifestyle, ideally located between the Pier with its vibrant restaurants, shops, and cafes, and 22nd Street with iconic Martha’s Cafe and the Bottle Inn. This remarkable income property offers excellent investment potential, offered under $2M per unit—well below Hermosa Strand condo values, and generating a gross scheduled income of $425,196. For context, the neighboring 3,750 sq. f
Location
State CA
County Los Angeles
Zoning HBR2
Interior
Fireplace No
Laundry Other, Inside
Exterior
View Y/N true
View Panoramic, Water, Other, Ocean
Building
Lot Description Level
New Construction No
Others
Tax ID 4183008006
Virtual Tour https://dan-solomon-photo.aryeo.com/videos/7d0e545b-b1bf-4489-959d-50785f7fbc4b
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Listed by Shawn Dugan • Strand Hill Properties
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447