$6,500,000
For Sale

528 The Strand

Hermosa Beach, CA 90254
0.05 acres | #SB24070261
Listing OfficeChhabria Real Estate Company
Browse 24 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

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.

  • Property Details
      • ViewCityLights, Coastline, Ocean, Panoramic, Water
      • InteriorBalcony, BedroomOnMainLevel
      • Property TypeMulti-Family
      • Lot DescriptionStreetLevel
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$6,500,000
      • MLS #SB24070261
      • MLS #SB24070261
      • Cost6500000
      • Property SubtypeTriplex
      • Acres0.0549
      • Utility SourcePublic
      • Year Built1953
      • Stories2
      • Parking Spaces3

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

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20.0%

Interest Rate

%
5.0%

Tax Rate

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1.3%
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$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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