x
Water Views
Address
1836 THE STRAND Hermosa Beach, CA
Price
$ 10,999,000
Property Attributes
  • MLS#19422854
  • TypeIncome
  • CountyLOS ANGELES
  • CityHermosa Beach
  • AreaHermosa Bch Sand
  • Zip90254
  • Style
  • Price$ 10,999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3908
  • Lot Size2,405 SqFt
Listing Provided Courtesy Of:
Brice Head with Marcus & Millichap.
Property Description

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.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
1/11/2019 Listed $10,999,000

General Features

Assessments None
Directions Take Pier Avenue to Hermosa Avenue, turn right; left on 19th to Beach Drive and The Strand
Listing Agent Brice Head - BRE#01330706
Listing Agent State License 01330706
MLS Area 148 - Hermosa Bch Sand
Price Per Square Foot 2814.48
Special Listing Conditions Standard
Total Units 5
Zoning HBR2B*

Interior Features

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

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90254

Price
AVG $6.69M
$11M
Visits
AVG 48
318
Year Built
AVG 1953
1928
Walkscore
AVG 84
83
Data Provided by Walkscore ® not using MLS data

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.

Areas We Cover