$10,999,000
0
Beds
0
½ Baths
1928
Built

1836 The Strand
Hermosa Beach, CA 90254

Los Angeles County
Multi-Family For Sale
Active – 3 months online
Call About This Listing

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.

Social Search
Recent Activity
11 hours agoListing updated with changes from the MLS
3 months agoStatus changed to Active
3 months agoPrice changed to $10,999,000
3 months agoListing first seen online
Listing Snapshot
Price
$10,999,000
Days Online
98 Days
Bedrooms
N/A
Bathrooms
N/A
Half Bathrooms
N/A
Inside Area (SqFt)
N/A
Lot Size
0.0552 Acres
Year Built
1928
MLS Number
19422854
Property Tax
N/A
HOA Fees
N/A
Sq Ft Source
N/A
General Features
On-Site Parking
Yes
Parking Features
Garage
Zoning
HBR2B*
Listing Conditions
Standard
Interior Features
Cooling
None
Fireplace
Yes
Fireplace Details
Living Room
Flooring
Wood
Appliances
Tankless Water HeaterBuilt-In Range
Exterior Features
View
Ocean
Roof
Composition
Lot Features
Sprinklers None
Community Features
MLS Area
148 – Hermosa Bch Sand
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of: Brice Head 01330706 with Marcus & Millichap 00530854

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.
Data Last Updated on Fri Mar 22 2019 13:46:14
Neighborhood & Commute