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528 The Strand, Hermosa Beach, CA 90254
Priced at Only: $5,899,000
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Address: 528 The Strand, Hermosa Beach, CA 90254
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  • MLS#: SB26076996 ( Triplex )
  • Street Address: 528 The Strand
  • Viewed: 7
  • Price: $5,899,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 0
  • Days On Market: 17
  • Additional Information
  • County: LOS ANGELES
  • City: Hermosa Beach
  • Zipcode: 90254
  • Provided by: Chhabria Real Estate Company
  • Contact: Neil Neil
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    The flexible beachfront opportunity you have been searching for! Positioned at 6th Ct between 5th and 6th St on The Strand, this three unit property offers a rare opportunity to control a full oceanfront parcel in one of Hermosa Beachs most active and walkable locations. With ALL UNITS CURRENTLY VACANT the property can be leased, repositioned, or held for future development without delay. The current layout includes two upper level one bedroom residences, each with remodeled kitchens, dishwashers and in unit laundry, and each has it sown exclusive use outdoor space. One upper unit captures a direct Strand facing view. The other has a double sized exclusive use deck space. The beach level features a larger two bedroom, two bath unit with updated appliances, fireplace, and an exclusive use beachfront patio that opens directly to the Strand. Set on a 30 x 80 lot, the property spans approximately 2,460 square feet across all three units, offering a balanced mix of scale and flexibility. Garage parking is included on site. What distinguishes this offering is control. Control over tenancy, over income, and over the long term vision for the site. Lease the units individually as is, or remodel and create an upscale furnished coastal portfolio, or plan a future build that fully capitalizes on the frontage and location. The configuration also lends itself to corporate ownership, executive housing, or a private retreat compound with multiple living environments. Located just south of the Hermosa Pier, the location along The Strand places you in immediate proximity to volleyball courts, open sand, and the daily rhythm of beach life, while still maintaining a sense of separation from the most concentrated foot traffic closer to Pier Ave. Properties with this combination of vacancy, frontage, and optionality are rarely available. This is a site that works today and can evolve over time.
Features
Appliances
  1. Disposal
  2. Microwave
  3. Refrigerator
  4. Trash Compactor
  5. Free-Standing Range
  6. Gas Range
  7. Dishwasher
Assessments
  1. Unknown
Building Area Total
  1. 2460.00
Cable Tv Expense
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. None
Country
  1. US
Days On Market
  1. 13
Door Features
  1. Mirror Closet Door(s)
Electric Expense
  1. 0.00
Entry Location
  1. Street level
Fireplace Features
  1. Living Room
Flooring
  1. Tile
  2. Wood
Fuel Expense
  1. 0.00
Furniture Replacement Expense
  1. 0.00
Garage Spaces
  1. 3.00
Gardner Expense
  1. 0.00
Heating
  1. Wall Furnace
  2. Central
Insurance Expense
  1. 4400.00
Interior Features
  1. Unfurnished
  2. Living Room Deck Attached
Laundry Features
  1. Inside
  2. See Remarks
  3. Stackable
  4. Washer Included
  5. Dryer Included
Levels
  1. Two
Lockboxtype
  1. Call Listing Office
Lot Features
  1. Rectangular Lot
  2. Near Public Transit
  3. Walkstreet
  4. Value In Land
Netoperatingincome
  1. 101572.00
Newtaxesexpense
  1. 70788.00
Parcel Number
  1. 4188004005
Parking Features
  1. Garage
  2. Garage Faces Rear
  3. Garage Door Opener
  4. Garage - Two Door
Pool Features
  1. None
Property Type
  1. Triplex
Road Frontage Type
  1. Alley
Road Surface Type
  1. Alley Paved
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 460386046:CRM
Spa Features
  1. None
Tenant Pays
  1. Gas
  2. Parking Fee
  3. Telephone
  4. Cable TV
  5. Electricity
Totalexpenses
  1. 76268.00
Trash Expense
  1. 480.00
Utilities
  1. Natural Gas Connected
  2. Sewer Connected
  3. Cable Connected
  4. Electricity Connected
  5. Water Connected
View
  1. Coastline
  2. Ocean
  3. Catalina
  4. White Water
  5. Hills
  6. Water
  7. Panoramic
Virtual Tour Url
  1. https://my.matterport.com/show/?m=sgwYc1DtakV
Waterfront Features
  1. Ocean Side Of Highway 1
  2. Waterfront With Home Across Road
  3. Beach Front
  4. Ocean Front
Water Sewer Expense
  1. 600.00
Water Source
  1. Public
Window Features
  1. Blinds
Year Built
  1. 1953
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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