528 The Strand

Hermosa Beach, CA 90254

$6,500,000
Price
4
Beds
4
Baths
2,300 Sq. Ft.
$2,826 / Sq. Ft.
2,300
Sq. Ft.
$2,826
per Sq. Ft.

Description

Ocean front, Best value on the strand! This opportunity is versatile in nature. Use as a single family home, collect rent from a 3 unit income property or tear down and build new. Set in an ideal location on The Strand. Just far enough south to avoid the large crowds of the pier, but not too far south. And still less than half a mile to the restaurants and renowned Hermosa nightlife. Currently on the property is the original 1953 triplex, but it's also setup to live like a single family home by way...Ocean front, Best value on the strand! This opportunity is versatile in nature. Use as a single family home, collect rent from a 3 unit income property or tear down and build new. Set in an ideal location on The Strand. Just far enough south to avoid the large crowds of the pier, but not too far south. And still less than half a mile to the restaurants and renowned Hermosa nightlife. Currently on the property is the original 1953 triplex, but it's also setup to live like a single family home by way of an internal common area stairway. Downstairs features a 2 bedroom 1.5 bathroom ocean front apartment with a spacious patio. Upstairs features two, one bedroom one bathroom apartments. One is an ocean front apartment with a balcony and ridiculous views. The other is a nice 1 bedroom 1 bathroom apartment with a balcony. All three units have been lightly renovated all with their own laundry. Property also has a tight 1 car garage stall and a 2 car garage stall. The views are breath taking and the location is great.
  1. Listed by Neil Chhabria • DRE #01821437 • Brokerage DRE #01923145 • Chhabria Real Estate Company • 310-902-7227

Property Details for 528 The Strand

Architectural Style
See Remarks
View
City Lights, Coastline, Ocean, Panoramic, Water, White Water
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Chhabria Real Estate Company, Neil Chhabria, DRE #01821437
Add your commute
LISTING UPDATED: 04/11/2024 11:21 PM

Property Details for 528 The Strand

StatusActive
MLS #SB24070261
Days on Market39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
CountyLos Angeles County

Location

Listing Courtesy of Chhabria Real Estate Company, Neil Chhabria, DRE #01821437
Add your commute

Building Information for 528 The Strand

Building/Complex528 The StrandFloor-Stories2Residences-Pet Policy-Year Built1953Building Size-

Payment Calculator

$40,946 per month

30 year fixed, 7.25% Interest

Principal and Interest

$35,473

Property Taxes

$5,473

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 528 The Strand

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $141,576
  • Net Operating Income: $63,567
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income Description: 0
  • Other Income 1: $0
  • Other Income 2: $0
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $78,000
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 9999
  • Tax Census Tract: 6211.04
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 5
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Free-Standing Range
  • Equipment: Dishwasher, Refrigerator, Gas Range
  • Interior Features: Balcony, Living Room Balcony
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Room Bathroom Features: Shower
  • Bedroom Features: Main Floor Bedroom
  • Room Kitchen Features: Kitchen Open to Family Room, Quartz Counters, Tile Counters
  • Eating Area: Area
  • Laundry: Yes
  • Laundry Features: In Closet
  • Laundry Location: Other/Remarks
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: None
  • Heating Type: Central, Wall
  • Heating: Central, Wall Furnace
  • Heat Equipment: Forced Air Unit, Wall/Gravity
  • Floor Coverings: Tile, Wood
  • Flooring: Tile, Wood
Exterior Features
  • Window Features: Casement Windows
  • Construction Materials: Unknown
  • Exterior Construction: Other
  • Exterior: Unknown
  • Exterior Features: Awning(s)
  • Roof: See Remarks
  • Entry Location: Strand
  • Fence: No
  • Fence: None
  • Fencing: None
  • Foundation Details: See Remarks
  • Structure Type: Triplex
  • Property Condition: Fixer
  • Miscellaneous: Preserve/Public Land
  • View Description: Coastline, Ocean, Panoramic
  • Waterfront Features: Beach Access, Ocean Front
  • Patio: Yes
  • Patio: Deck, Patio
  • Patio And Porch Features: Deck, Patio, Front Porch
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Level with Street
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: Alley
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Number Remotes: 2
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 3
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Garage
Property / Structure Info
  • Architectural Style: See Remarks
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,598
  • Unit Type Total Rent: $4,598
  • Unit Type Pro Forma: 4598
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $7,200
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 7200
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Disposal: 1

Property History for 528 The Strand

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 528 The Strand

Taxable ValueLand$5,358,864Additions$765,550Total$6,124,414
Tax Record2023$65,676 ($5,473 / month)
Home Facts
Total Finished SqFt2,300 SqFtAbove Grade Finished SqFt2,300 SqFtLot Size2,393 SqFtStyleTriplexYear Built1953ZoningHBR3YYCountyLOS ANGELESAPN4188-004-005

Schools near 528 The Strand

This home is within Hermosa Beach City Elementary School District.
Rating
School
Type
Grades
Distance
Public - 4 to 8
Public - K to 3
Private - 6 to 12
Private - PK to 8
Rating
School
Distance
Hermosa Valley Elementary School
Public4 to 8

Hermosa View Elementary School
PublicK to 3

Fusion Academy Sb: South Bay
Private6 to 12

Our Lady Of Guadalupe Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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528 The Strand is a multi-family home for sale in Hermosa Beach, CA 90254. This property was listed for sale on April 11, 2024 by Chhabria Real Estate Company, it's currently listed at $6,500,000. It has been on the market for a total of 39 days and was last sold on October 31, 2017. This listing's school district is Hermosa Beach City Elementary School District. Nearby schools include Hermosa Valley Elementary School, Hermosa View Elementary School and Fusion Academy Sb: South Bay. 528 The Strand is a 4-bed, 4-bath, 2,300 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Chhabria Real Estate Company, Neil Chhabria, DRE #01821437

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.