$9,995,000 1836 The Strand Hermosa Beach, CA

MLS: 19422854   Type: Income   County: Los Angeles   City: Hermosa Beach   Area: Hermosa Bch Sand   Zip: 90254     Stories: 3

Mortgage $46,925 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

0

0

0

3,908

2,405

1928

Over $1,000,000 Price Reduction - Seller wants immediate sale! The entire asset has been gutted and redone front the studs out with permits. 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.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

Elementary School

Middle School

High School

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Distance: N/A Miles
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Price History

1/11/2019 Listed $10,999,000
4/23/2019 10% - $9,995,000

Assessments None
Directions Take Pier Avenue to Hermosa Avenue, turn right; left on 19th to Beach Drive and The Strand
Listagentaor Southwest Los Angeles
Listing Agent Brice Head - BRE#01330706
Listing Agent State License 01330706
MLS Area 148 - Hermosa Bch Sand
Price Per Square Foot 2557.57
Source System CRMLS
Special Listing Conditions Standard
Total Units 5
Zoning HBR2B*

Interior Features

Air Conditioning Y/N No
Appliances Tankless Water Heater, Built-In Range
Appliances Y/N Yes
Cooling None
Fireplace Features Living Room
Fireplace Y/N Yes
Flooring Wood
Room Type Living Room
Total Stories 3
Window Features Double Pane Windows

Exterior Features

Building Area Total 3908.00
Construction Materials Stucco
Lot Features Sprinklers None
Lot Size Acres 0.0552
Lot Size Area 2403.0000
Lot Size Source Assessor
Lot Size Square Feet 2403.00
Lot Size Units Square Feet
Number of Buildings 2
Parking Features Garage
Parking Y/N Yes
Roof Composition
View Ocean

Property Schools



Direct Link:

https://lynnepope.exprealty.com/property/25-19422854-1836-The-Strand-Hermosa-Beach-CA-90254

Gallery (21 photos)

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Property vs Zip Code Avg (90254)

Price 9.99M Avg 6.49M

Sqr Feet 3,908 Avg 4,588

Cost / Sqr Ft $2,558 Avg $1,416

Acres 0.0552 Avg 0.09

Visits 448 Avg 82

Days on Site 135 Avg 100

Walkscore® 83 Avg 85

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Brice Head with Marcus & Millichap.




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Location & Address

Lynne Pope
2603 Camino Ramon Suite 200
San Ramon, CA
310-863-7582
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