114 The Strand Hermosa Beach, CA 90254
4 Beds
4 Baths
2,800 SqFt
UPDATED:
10/09/2024 02:54 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $1,964
MLS Listing ID SB24201235
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1910
Lot Size 2,408 Sqft
Acres 0.0553
Property Description
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.
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Zoning HBR3YY
Rooms
Main Level Bedrooms 2
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Cooling None
Fireplaces Type Outside
Fireplace Yes
Laundry Common Area
Exterior
Pool None
Community Features Biking
View Y/N Yes
View Ocean, Panoramic, Water
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Dwelling Type Quadruplex
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Manhattan Unified
Others
Senior Community No
Tax ID 4188003026
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
