528 -530 The Strand, Hermosa Beach, CA 90254
- $5,600,000
- List Price
- $5,600,000
- Price Change
- ▼ $299,000 1779407783
- Status
- ACTIVE
- MLS#
- SB26076996
- Year Built
- 1953
- Lot Size
- 2,393
- Acres
- 0.05
- Lot Location
- Near Public Transit, Rectangular Lot, Value In Land, Walkstreet
- Days on Market
- 106
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
Property 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 Beach’s 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.
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Additional Information
- Appliances
- Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Trash Compactor, Dryer, Washer
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Central, Wall Furnace
- Cooling Description
- None
- View
- Catalina, Coastline, Hills, Ocean, Panoramic, Water
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Living Room Deck Attached, Unfurnished, Bedroom on Main Level
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $187,200
- Operating Expense
- 76268
- Garage Spaces
- 3
- Levels
- Two
- Parking Spaces
- 3
Listing courtesy of Listing Agent: Neil Chhabria (neil@chhabriare.com) from Listing Office: Chhabria Real Estate Company.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.