528 The Strand, Hermosa Beach, CA 90254
528 The Strand, Hermosa Beach, CA 90254,Video Tour
528 The Strand, Hermosa Beach, CA 90254
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$5,299,000
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2,391 Sqft Lot
Active Under Contract

528 The Strand Hermosa Beach, CA 90254

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Herb Rim

Herb Rim

+1(818) 699-9179

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB26181465

HOA Y/N No

Year Built 1953

Lot Size 2,391 Sqft

Property Sub-Type Triplex

Property Description

Three addresses under one roof on one of the few remaining full oceanfront parcels on the Hermosa Strand. Frontage on the Strand is finite. This one works today and can evolve over time. 528, 530 and 532 The Strand is a three unit residential income property of approximately 2,450 square feet on a 30 x 80 oceanfront lot at 6th Court, just south of the Hermosa Pier. Two (2) upper level one bedroom residences, each with remodeled kitchens with dishwasher and in unit laundry. One has a large, private deck that captures a direct Strand facing view, the other features a double sized deck with privacy walls. The beach level is a two bedroom, two bath unit with updated appliances, a fireplace, in-unit laundry, and a large, private patio opening directly onto the Strand. Plus, there are three garage spaces on site. Every unit has its own dedicated private outdoor space. On the beach front that is genuinely rare. What this offering provides is control. Three legal addresses mean three independent decisions rather than one. Occupy one and lease the others. Lease all three. Hold one for friends and visiting colleagues. Run furnished thirty day and longer terms. Or hold the parcel with income while planning a build that capitalizes fully on the frontage. Because it is classified residential income rather than a personal residence, it can serve as replacement property in a 1031 exchange. For a buyer carrying a gain out of another investment property, that distinction is not small. Located "in the sweet spot" South of the Pier where one gets access to all of the South end businesses, less congregating "Pier Plaza" traffic nearby, yet still enjoys the quick promixity to Downtown Hermosa.

Location

State CA

County Los Angeles

Area 148 - Hermosa Bch Sand

Interior

Interior Features Ceiling Fan(s)

Heating Central, Wall Furnace

Cooling None

Flooring Laminate, Tile, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Free-Standing Range, Freezer, Disposal, Microwave, Refrigerator, Dryer, Washer

Laundry Washer Hookup, Gas Dryer Hookup, Inside, See Remarks

Exterior

Parking Features Side By Side

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View City Lights, Hills, Ocean, Panoramic, Water

Total Parking Spaces 3

Private Pool No

Building

Lot Description Near Public Transit, Rectangular Lot, Walkstreet

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4188004005

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Neil Chhabria Chhabria Real Estate Company 310-902-7227, DRE #01821437

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528 The Strand

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Herb Rim

Herb Rim

Realtor License ID: 01870707

+1(818) 699-9179

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