1836 The Strand new

Hermosa Beach,CA 90254

$ 9990000

11 Beds

7 Baths

3908 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,908 sqft

Price per Sqft $2,556

MLS Listing ID CRSB25034806

Bedrooms 11

Full Baths 7

Year Built 1928

Lot Size 2,403 Sqft

Property Sub-Type Detached

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 $10M 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 $412,272 with a favorable Gross Rent Multiplier (

Location

State CA

County Los Angeles

Interior

Cooling None

Fireplaces Type Living Room

Laundry Other,Inside

Exterior

Garage Spaces 3.0

Pool None

View Panoramic,Water,Other,Ocean

Building

Lot Description Other,Storm Drain

Story 3

Water Public

Schools

School District Manhattan Unified

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