1836 The Strand

Hermosa Beach, CA 90254
  • $10,999,000

    Price
  • 11

    Bed
  • 7

    Bath
  • 3,908

    SqFt

About the Listing X7515103 - C128981

The entire asset has been gutted and redone front the studs out with permits, as necessary. The recent $650,000 capital expenditure includes NEW: roofs, plumbing, windows, decking, railings, waterproofing (in the walls), as well as all new subpanels and ALL wiring throughout! The interior "fit-and-finish" is beach-chic, with nothing left to be desired. All units boast hardwood, marble, subway tile, recessed lighting etc. The building's location on its parcel, is also superior to virtually everything on The Strand. Setback requirements, at its date of construction were virtually non-existent - the front balconies almost hang right over the bike path and sand! The view is actually greater than 180 degrees! Making a perfect view, better. Lastly, the offering affords an investor the opportunity to assume excellent, BELOW-MARKET, in-place financing. The current loan has a principal balance of $4,900,000 at a rock-bottom monthly payment of 4.25% Interest-Only - until August 2020.

Listing Highlights for 1836 The Strand

Status Active
Days on Site 11
Property Type Business Opportunity
MLS ® 19422854
Year Built 1928
Total Square Footage 3,908
Lot/Acreage 0.06

Interior Details

  • Bedrooms: 11
  • Bathrooms: 7 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor: Hardwood
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Tankless
  • Garage Capacity: 3 car
  • Zoning: HBR2B*
  • Roof: Composition
  • Others: Stucco
  • Sewer:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:
  • Parking Features: Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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1836 The Strand Hermosa Beach, CA 90254

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Listing Courtesy of Brice Head, Marcus & Millichap

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