Residential > Multi-family
Active
10/08/2024
List Price
$5,500,000$1,964/ft²
114 The Strand
Hermosa Beach, CA 90254
- 4Beds
- 4Baths
- 2,800ft²Living Area
- 2,411ft²Lot Size
- -Pool
- 3Car
- 1910Year Built
- 147DOM
- -Permit
Active
$5,500,000
- 4Beds
- 4Baths
- 2,800ft²Living Area
- 2,411ft²Lot Size
- -Pool
- 3Car
- 1910Year Built
- 147DOM
- -Permit
114 The Strand, Hermosa Beach, CA 90254 is a 4 bed, 4 bath, 2,800 ft² multi-family home house built in 1910 on a 0.055 acre lot. This multi-family home is currently on the market for $5,500,000, and it was last sold in 2011 for $3,030,000.
MLS Description
The listing agent's description. Original Listing
This is your chance to own a 4-unit building on a full 30’ x 80’ beachfront lot for under $6M, offering the best value on the world-famous Hermosa Beach Strand. With stunning ocean views and an unbeatable location, this property provides endless possibilities for investors seeking a premium beachside asset.
Unlock the potential of this property by exploring the various development options available. Create a breathtaking owner's unit while still maintaining rental income from the remaining units. Take advantage of the interior stairway to reconfigure the space to suit your needs—whether it's a mix of units for optimal income or a luxurious, expansive residence. If you're simply looking to invest, this irreplaceable beachfront property already generates immediate rental income, making it a solid option for a 1031 exchange.
The property comes with dedicated 3-car parking, a valuable amenity in this sought-after beach community. Plus, you're just steps away from the shops and dining of downtown Hermosa Beach, providing convenience and a vibrant lifestyle.
While this property has fantastic bones, with the right attention, there's significant rental growth potential. Making this property a smart long-term investment in a location where beachfront properties are becoming increasingly scarce. Don’t miss out on this rare opportunity to own a piece of Hermosa Beach history with endless upside potential.
Listing Agents
The listing agent for 114 The Strand is Shawn Dugan.
SD
Shawn Dugan
Strand Hill Properties
License: 01749343
Phone: (310) 545-0707
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$39,551.69From latest Total Assessed Value1.08%Total Assessed Value$3,658,059=Land+
Assessed Value$2,414,562Additions
Assessed Value$1,243,497
In 2023, taxes billed for 114 The Strand were $39,551.69, which is 1.08% from latest Total Assessed Value of $3,658,059.
Property History
114 The Strand has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 114 The Strand
Hazard Risks
Earthquake527Carb Mono138Particulates110Air Pollution107Ozone106Lead104Nat'l Avg100Tornado57Weather30Hurricane12Hail0Wind0
10 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 114 The Strand.
Walkability Index
17 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
114 The Strand has a walkability score of 17 out of 20, which means that it is in a very walkable area.
Noise Level
40 dB
Quiet Suburban Residential 0-49
Suburban Residential 50-54
Urban Residential 55-59
Noisy Urban Residential 60-64
Very Noisy Urban Residential 65+
Noise at 114 The Strand is around 40dBs, which is comparable to a Quiet Suburban Residential area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
47°F
High
66°F
Summer
Average
Low
61°F
High
73°F
In the winter at 114 The Strand, temperatures range from 46.86°F to 66.13°F with an average of 56.5°F. In the summer, the temperature ranges from 61.28°F to 73.15°F with and average of 67.22°F.
School Information
Public/private schools serving 114 The Strand
Public Schools
Hermosa View Elementary School
Grades: KG-3
1.10 mi
A+
Hermosa Valley Elementary School
Grades: 4-8
0.82 mi
A
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 114 The Strand have ratings undefined, and undefined.
Neighborhood
This property is located in South Bay, Hermosa Beach, CA 90254.
Seasonal Housing units 90254
32%of housing is for seasonal rent.
Daytime Population for 90254
+34%of people during work hours.
Boundary map of South Bay.
Property Types in 90254
7,034
Total number of properties
House
3.2K
45.9%
Condo
1.8K
25.1%
Multi-family
1.1K
16.1%
Commercial
725
10.3%
Land
174
2.5%
Other
8
0.1%
Townhouse
1
0.0%
South Bay mostly consists of houses, condos and multi-family properties.
Crime Index for 90254
135
135
The crime index in 90254 is 135, which is 1.4 times higher than national average.
Market Trends
Historical market data near 114 The Strand over selected time period.
Nearby Properties on The Strand
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- 8 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 2,174 square foot, 2 bedroom, 2 bathroom, 0.06 acre property. It was built in 1974 and has an estimate of $4,191,471 with a price per ft² of $1,928.
- 16 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 1,800 square foot, 5 bedroom, 2 bathroom, 0.06 acre property. It was built in 1909 and has an estimate of $2,654,675 with a price per ft² of $1,475.
- 126 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 3,575 square foot, 5 bedroom, 5 bathroom, 0.06 acre property. It was built in 1973 and has an estimate of $7,582,022 with a price per ft² of $2,121.
- 136 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 5,029 square foot, 6 bedroom, 7 bathroom, 0.06 acre property. It was built in 2015 and has an estimate of $10,002,033 with a price per ft² of $2,000.
- 110 the Strand # 1, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 2,135 square foot, 3 bedroom, 3 bathroom, 0.06 acre property. It was built in 1987 and has an estimate of $4,405,908 with a price per ft² of $2,064.
- 508 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 4,597 square foot, 4 bedroom, 5 bathroom, 0.06 acre property. It was built in 1993 and has an estimate of $6,807,634 with a price per ft² of $1,481.
- 518 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 3,122 square foot, 3 bedroom, 4 bathroom, 0.05 acre property. It was built in 1989 and has an estimate of $5,617,792 with a price per ft² of $1,799.
- 528 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 1,150 square foot, 2 bedroom, 1.25 bathroom, 0.05 acre property. It was built in 1953 and has an estimate of $3,347,800 with a price per ft² of $2,911.
- 536 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 578 square foot, 1 bedroom, 1.75 bathroom, 0.05 acre property. It was built in 1953 and has an estimate of $2,354,022 with a price per ft² of $4,073.
- 542 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 4,022 square foot, 4 bedroom, 5 bathroom, 0.1 acre property. It was built in 1992 and has an estimate of $5,473,321 with a price per ft² of $1,361.
- 412 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 3,833 square foot, 5 bedroom, 4 bathroom, 0.05 acre property. It was built in 1929 and has an estimate of $8,765,487 with a price per ft² of $2,287.
- 414 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 2,060 square foot, 4 bedroom, 4 bathroom, 0.06 acre property. It was built in 1959 and has an estimate of $5,053,271 with a price per ft² of $2,453.
- 428 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 5,634 square foot, 8 bedroom, 8 bathroom, 0.05 acre property. It was built in 1973 and has an estimate of $7,311,567 with a price per ft² of $1,298.
- 432 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 3,882 square foot, 4 bedroom, 3 bathroom, 0.05 acre property. It was built in 1983 and has an estimate of $6,424,423 with a price per ft² of $1,655.
- 402 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 3,606 square foot, 4 bedroom, 6 bathroom, 0.1 acre property. It was built in 2000 and has an estimate of $4,878,939 with a price per ft² of $1,353.
- 442 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 570 square foot, 1 bedroom, 1 bathroom, 0.1 acre property. It was built in 1953 and has an estimate of $1,695,688 with a price per ft² of $2,975.
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- 318 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 2,133 square foot, 4 bedroom, 3 bathroom, 0.05 acre property. It was built in 1940 and has an estimate of $4,348,081 with a price per ft² of $2,038.
- 324 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 3,843 square foot, 3 bedroom, 4 bathroom, 0.05 acre property. It was built in 1995 and has an estimate of $7,120,474 with a price per ft² of $1,853.
- 336 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 2,312 square foot, 5 bedroom, 3 bathroom, 0.05 acre property. It was built in 1920 and has an estimate of $4,968,671 with a price per ft² of $2,149.
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- 212 the Strand, Hermosa Beach, CA 90254 (Hermosa Beach Sand) is a 4,403 square foot, 5 bedroom, 6 bathroom, 0.05 acre property. It was built in 2019 and has an estimate of $8,639,584 with a price per ft² of $1,962.
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