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.
Property Details
Property Features
Property Information:
Year Built: 1910
Stories: 2
Listing Office:
Office Name: Strand Hill Properties
Office Email: manonthestrand@gmail.com
Listing Agent: Shawn Dugan
Exterior Features
Exterior Information:
Private Pool: No
View: Island, Ocean, Panoramic, Water
Lot Features
Lot Information:
Lot Size: 0.06 Acres
School Info
Assigned Schools Information:
Hermosa Valley Elementary School, Public District Grades 3-8
Other
Directions Information:
Directions: West on 2nd Street, south on Beach Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $5,500,000
Tax Information:
Annual Amount: $38,224
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Hermosa Beach, CA.
This property is $3.2M more than the Median Sold Price in Hermosa Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SB24206926
Listing Office:
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: 10/31/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 15, 2011
Nov 15, 2011Home Sold
$3,030,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$38,224
$3,516,013
2020
$37,216
$3,479,962
2019
$36,025
$3,411,728
2018
$35,759
$3,344,832
2017
$35,759
$3,279,248
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
9
/10
Hermosa Valley Elementary School
1645 Valley Dr
Distance between this listing and this school0.88 miles
Public District Grades 3-8
Nearby Schools
7
/10
Beryl Heights Elementary School
920 Beryl St
Distance between this listing and this school0.86 miles
Public District Grades KG-5
8
/10
Jefferson Elementary School
600 Harkness Ln
Distance between this listing and this school1.12 miles
Public District Grades KG-5
9
/10
Towers Elementary School
5600 Towers St
Distance between this listing and this school1.32 miles
Public District Grades KG-5
Assigned Schools
9
/10
Hermosa Valley Elementary School
1645 Valley Dr
Distance between this listing and this school0.88 miles
Public District Grades 3-8
Nearby Schools
8
/10
Parras (Nick G.) Middle School
200 N Lucia Ave
Distance between this listing and this school1.35 miles
Public District Grades 6-8
8
/10
Bert M. Lynn Middle School
5038 Halison St
Distance between this listing and this school1.98 miles
Public District Grades 6-8
Nearby Schools
9
/10
Redondo Union High School
631 Vincent Park
Distance between this listing and this school1.03 miles
Public District Grades 9-12
5
/10
Redondo Shores High (Continuation)
1000 Del Amo St
Distance between this listing and this school1.13 miles
Public District Grades 9-12
9
/10
Mira Costa High School
1401 Artesia Blvd
Distance between this listing and this school1.42 miles
The neighbors living near this home have an average income of $84,012. Typical income of Hermosa Beach, CA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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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. This home, which was built in 1910, sits on a 0.06 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $5,500,000.
Over 9 listings were sold over their listed price in September 2024 in Hermosa Beach, CA. In the same period over 6 listings were sold below the listed price and 3 listings were sold for the listed price. Listings spent 14 days on the market in September 2024, and had a median list price of $2,250,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
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