1836 The Strand

Hermosa Beach, CA 90254
  • $10,999,000

    Price
  • 11

    Bed
  • 7

    Bath
  • 3,908

    SqFt

About the Listing X7515103 - C128981

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.

Listing Highlights for 1836 The Strand

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® 19422854
Year Built 1928
Total Square Footage 3,908
Lot/Acreage 0.06

Interior Details

  • Bedrooms: 11
  • Bathrooms: 7 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor: Hardwood
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Tankless
  • Garage Capacity: 3 car
  • Zoning: HBR2B*
  • Roof: Composition
  • Others: Stucco
  • Sewer:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:
  • Parking Features: Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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1836 The Strand Hermosa Beach, CA 90254

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Listing Courtesy of Brice Head, Marcus & Millichap

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