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Zoltan Peresztegi

zoltan@sellwithzoli.com +1(661) 234-6442

$ 8,699,000

Est. payment | -/mo

11 Beds

7 Baths

3,908 SqFt

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$ 8,699,000

Est. payment | -/mo

Save

11 Beds

7 Baths

3,908 SqFt

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 $2,225

MLS Listing ID 26996475

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

Welcome to 1836 The Strand, an exceptional beachfront 5-unit property located in highly sought-after North Hermosa Beach. In addition to its outstanding long-term investment fundamentals, this property may offer a compelling short-term rental opportunity with the potential for significant cash flow. Inquire for estimated short-term rental income projections.Very rarely does one encounter an opportunity to acquire a "to the studs" fully remodeled property spanning 3,908 sq.ft., 11 bedrooms and 7 bathrooms, under $9M on this prime stretch of The Strand. Fully renovated from top to bottom, this property showcases meticulous attention to detail, including all visible elements, plumbing, electrical and more. 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 $1.8M per unit well below Hermosa Strand condo values. For context, the neighboring 3,750 sq. ft. home on a 2,410 sq. ft. lot sold 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. Investors may also explore the property's potential as a high-income short-term rental asset, capitalizing on its irreplaceable beachfront location and flexible unit mix. Estimated income projections available upon request. 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, income potential, 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 do not 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

Heating Central

Cooling None

Flooring Laminate

Fireplaces Type Living Room

Furnishings Furnished Or Unfurnished

Fireplace Yes

Appliance Dishwasher, Refrigerator, Dryer, Washer

Laundry Common Area

Exterior

Parking Features Door-Multi, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Waterfront Description Beach Access,Beach Front,Ocean Access,Ocean Front,Ocean Side Of Freeway

View Y/N Yes

View Bay, Catalina, Coastline, Ocean, Panoramic, Pier, Water

Total Parking Spaces 3

Private Pool No

Building

Faces West

Story 3

Entry Level Three Or More

Architectural Style Craftsman

Level or Stories Three Or More

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4183008006

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Shawn Dugan Strand Hill Properties #01749343

Questions about this home? Ask me anything, from HOA dues to recent sales nearby. You can also call or text me at (661) 234-6442.

+1(661) 234-6442

zoltan@sellwithzoli.com

6302 Ridgeglade Ct, Rancho Palos Verdes, California 90275, USA

1836 The Strand Hermosa Beach, CA 90254

Zoltan Peresztegi

Key Details

Location

Interior

Exterior

Building

Others

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1836 The Strand