UPDATED:
Key Details
Property Type Single Family Home
Sub Type Own Your Own
Listing Status Active
Purchase Type For Sale
Square Footage 3,908 sqft
Price per Sqft $2,430
MLS Listing ID SB25034806
Bedrooms 11
Full Baths 7
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1928
Lot Size 2,404 Sqft
Property Sub-Type Own Your Own
Property Description
Grandfathered beyond current building restrictions, this property stands taller and wider than what is now permitted for new construction, offering uniquely breathtaking ocean views from four of the five units. Wake up to the soothing rhythm of the waves and panoramic ocean views stretching from Malibu to Catalina Island.
Unmatched in its prime location, 1836 The Strand provides the epitome of the Southern California beachfront lifestyle, ideally located between the Pier with its vibrant restaurants, shops, and cafes, and 22nd Street with iconic Martha's Cafe and the Bottle Inn.
This remarkable income property offers excellent investment potential, offered under $2M per unit—well below Hermosa Strand condo values, and generating a gross scheduled income of $425,196. For context, the neighboring 3,750 sq. ft. home on a 2,410 sq. ft. lot sold last year for $14.25M, highlighting the exceptional value of this offering.
Options abound… Retain the penthouse as your private beachfront retreat, offer guest accommodations for family and friends, and maximize rental income from the remaining units. This beachfront gem ranks with a high score of 84 on WalkScore.com, and offers easy access to renowned schools, freeways, and numerous local destinations like LAX, Santa Monica and downtown LA.
1836 The Strand is a one-of-a-kind property that rarely graces the market. Its versatility, stunning views, and unmatched location make it an irresistible opportunity for discerning buyers, investors, or those seeking a luxurious family beach compound. For investors looking to expand their Strand portfolio, additional off-market properties may be available as part of a larger acquisition. Inquire for details, and don't miss this chance to own a piece of the coveted Strand lifestyle.
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Zoning HBR2B*
Interior
Interior Features Bedroom on Main Level
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Laundry Common Area, Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Storm Drain(s), Sidewalks
Waterfront Description Beach Access,Beach Front,Ocean Access,Ocean Front,Ocean Side Of Freeway,Ocean Side Of Highway
View Y/N Yes
View Catalina, Coastline, Ocean, Panoramic, Pier, Water
Attached Garage Yes
Total Parking Spaces 3
Private Pool No
Building
Lot Description Street Level
Dwelling Type Multi Family
Faces West
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Construction Status Updated/Remodeled
Schools
School District Manhattan Unified
Others
Senior Community No
Tax ID 4183008006
Acceptable Financing Cash to New Loan, Owner May Carry
Listing Terms Cash to New Loan, Owner May Carry
Special Listing Condition Standard
Virtual Tour https://manonthestrand.com/properties/1836-the-strand-hermosa-beach-ca-us-90254-sb25034806

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