#SB25013282, Neil Chhabria, Listing Office: Chhabria Real Estate Company
114 The Strand Hermosa Beach, CA 90254
$5,500,000 List price
0.06 acres
Multi-Family
Property details
About 114 The Strand
This is your chance to own a 4-unit building on a full 30’ x 80’ beachfront lot for under $6M, offering the best value available on the world-famous Hermosa Beach Strand. With stunning ocean views, this property provides endless possibilities for investors seeking a premium beachside asset. Unlock the potential of this property by exploring the various development options available. Create a breathtaking owner's unit while still maintaining rental income from the remaining units. Take advantage of the interior stairway to reconfigure the space to suit your needs. If you're simply looking to invest, this irreplaceable beachfront property generates immediate rental income, making it a strong option for a 1031 exchange. The property comes with dedicated 3-car parking, a valuable amenity in this sought-after beach community. Plus, you're just steps away from the shops and dining of downtown Hermosa Beach, providing convenience and a vibrant lifestyle. 114 The Strand is a smart long-term beachfront investment, at a price range that is becoming increasingly scarce on The Strand. Don’t miss out on this rare opportunity to own this prime Hermosa Beach property with big upside potential.
Highlights
Home typeQuadruplex
StatusActive
Lot size0.0553 Acres
Year built1910
MLS #SB24206926
ViewIsland, Ocean, Panoramic, Water
Summary
- MLS Number: SB24206926
- MLS Name: CRMLS
- Office Name: Strand Hill Properties
- Office Email: manonthestrand@gmail.com
- Listing Agent: Shawn Dugan
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 5:24:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,500,000
114 The Strand
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 15, 2011 | Home Sold | $3,030,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $3,731,219 | $40,391 |
| 2023 | $3,658,059 | $39,551 |
| 2022 | $3,586,333 | $38,838 |
| 2021 | $3,516,013 | $38,223 |
| 2020 | $3,479,962 | $37,216 |
| 2019 | $3,411,728 | $36,025 |
| 2018 | $3,344,832 | $35,759 |
| 2017 | $3,279,248 | $35,759 |
History based on county public records data.
Nearby schools
7
Beryl Heights Elementary School
Public District KG-5
0.9 mi
•920 Beryl St
8
Jefferson Elementary School
Public District KG-5
1.1 mi
•600 Harkness Ln
9
Towers Elementary School
Public District KG-5
1.3 mi
•5600 Towers St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $84,012. Most Hermosa Beach, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
17%
<35k
38%
35k-100k
24%
100k-200k
21%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
77%
Single, No Kids
4%
Single, with Kids
14%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
48%
18-34 yrs old
40%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Hiking/backpacking
Where do the neighbors shop?
H&M
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
Mercedes
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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This home is located at 114 The Strand in Hermosa Beach, CA and zip code 90254 in the Hermosa Beach Sand neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 9, 2024 and is currently priced at $5,500,000.
In January 2025, from all listings sold in Hermosa Beach, CA there were more than 0 sold above asking price, over 4 sold below and more than 2 were sold right at the asked price. Between December and January 2025, Hermosa Beach, CA real estate market has seen increase in the number of listings by 20.5%. In January 2025 median list price was $2,300,000 and the average listing age was 78 days.
From Rocket Homes Real Estate and based on county public records data.