528 The Strand Hermosa Beach, CA $ 6,500,000
528 The Strand
$ 6,500,000
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528 The Strand

Hermosa Beach, CA, 90254
$ 6,500,000
Bedrooms4 Baths1.1 Sq 2,300

Monthly Estimate*

$ 45,404

Listed by Chhabria Real Estate Company
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Multi-Family Home for sale in Hermosa Beach, CA

for $6,500,000 with 4 bedrooms and 1 full bath, 1 half bath. This 2,300 square foot home was built in 1953 on a lot size of 0.0549.

Ocean front, Best value on the strand! This opportunity is versatile in nature. Use as a single family home, collect rent from a 3 unit income property or tear down and build new. Set in an ideal location on The Strand. Just far enough south to avoid the large crowds of the pier, but not too far south. And still less than half a mile to the restaurants and renowned Hermosa nightlife. Currently on the property is the original 1953 triplex, but it's also setup to live like a single family home by way of an internal common area stairway. Downstairs features a 2 bedroom 1.5 bathroom ocean front apartment with a spacious patio. Upstairs features two, one bedroom one bathroom apartments. One is an ocean front apartment with a balcony and ridiculous views. The other is a nice 1 bedroom 1 bathroom apartment with a balcony. All three units have been lightly renovated all with their own laundry. Property also has a tight 1 car garage stall and a 2 car garage stall. The views are breath taking and the location is great.

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Multi-Family Active

Price

$ 6,500,000

Bedrooms

4

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.0549

Year Built

1953

Town/City

Hermosa Beach

County/Region

Los Angeles

MLS | Web ID

SB24070261

Days on Market

28

Features
General
Interior Features Balcony BedroomonMainLevel
Sewer PublicSewer
Heating Central WallFurnace
Cooling None
Possession SeeRemarks
Appliances Dishwasher FreeStandingRange
HOA 0.0
Garage Spaces 3.0
Pool Features None
Year Built 1953
View CityLights Coastline Ocean Panoramic Water
Stories 2
Levels Two
Property SubType Triplex
Gross Income 0.0
Waterfront Features BeachAccess OceanFront
Community Features StreetLights
County Los Angeles
Net Operating Income 63567.0
Operating Expense 78000.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions x street 6th court west of Hermosa ave
City Hermosa Beach
Entry Location Strand
View Y/N Y
Senior Community Y/N N
Total Units 3
MLS Area 148 - Hermosa Bch Sand
Lot Size Square Feet 2393.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name The Strand
Listing Terms Cash CashtoNewLoan Conventional
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 1
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 5
Total Actual Rent 11798.0
Property Sub Type Additional Triplex
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Exterior
Parking Features Garage
Lot Features StreetLevel
Water Source Public
Total Parking 3.0
Lot Size Area 2393.0
Number of Buildings 1
Spa N
Building Area Total 2300.0
Lot Size Acres 0.0549
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features LivingRoom
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Laundry Features LaundryCloset
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 528
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* Excluded Features
List By
Chhabria Real Estate Company

Broker

(310) 379-2167

Phone

Affordability Calculator

$45,404
Per Month
100%
0%
0%
Monthly Principal & Interest
$45,404
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2024$6,500,000 Listed Price

Map


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528 The Strand, Hermosa Beach, CA, 90254 is a Multi-Family Home for sale at $6,500,000 with 2,300 sqft and a lot size of 0.0549. 528 The Strand has 4 bedrooms, 1.1 baths, and was built in 1953. The property's zip code is 90254 which is in Hermosa Beach, CA