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528 The Strand, Hermosa Beach, California 90254, Hermosa Beach, 90254 - bed, bath

528 The Strand, Hermosa Beach, California 90254 home-pic-0
ACTIVE$6,499,000
528 The Strand, Hermosa Beach, California 90254
0Bed
0Bath
2,300Sqft
2,393Lot
Year Built
1953
Close
-
List price
$6.5M
Original List price
$6.5M
Price/Sqft
$2,826
HOA
-
Days on market
-
Sold On
-
MLS number
SB25013282
Home ConditionFair
Features
Excellent View: Bay, Catalina, City Lights, Coastline, Ocean, Panoramic, Pier, Water
Deck
Patio
ViewBay,Catalina,City Lights,Coastline,Ocean,Panoramic,Pier,Water

About this home

We found 3 Cons,6 Pros. Rank: price - $6.50M(83th), sqft - 2300(50th), beds - undefined(50th), baths - undefined(50th).

Exceptional Opportunity in a Prime Hermosa Beach Strand Location Own a rare piece of Hermosa Beach’s iconic beachfront, perfectly positioned on The Strand, just moments south of vibrant downtown Hermosa Beach. This property offers the ultimate in coastal living, with breathtaking ocean views, unmatched beach access, and versatile income-generating potential. The property features three unique units: Ground Floor Unit: A spacious 2-bedroom, 1.5-bathroom unit with a private oceanfront patio, ideal for soaking in the beach lifestyle. Second Floor Units: Two 1-bedroom, 1-bathroom units. One boasts stunning oceanfront views and a private balcony, while the other faces Ocean Drive and features a large, private balcony perfect for entertaining or relaxing. Additional highlights include three-car parking, consisting of a single-car garage and a two-car garage, a rarity in this highly sought-after neighborhood. All three units have been lightly renovated, offering turnkey readiness for renters or vacationers, making this property a flexible investment for immediate income generation. Whether you're looking for a development opportunity or a long-term investment in a premier beachfront community, this offering provides an incredible blend of price, location, and potential. Don’t miss your chance to own a piece of Hermosa Beach’s most coveted oceanfront real estate!

Nearby schools

10/10
Hermosa View Elementary School
Public,•K-3•0.9mi
9/10
Opal Robinson Elementary School
Public,•K-5•1.5mi
8/10
Hermosa Valley Elementary School
Public,•4-8•0.7mi
9/10
Manhattan Beach Middle School
Public,•6-8•2.4mi
9/10
Mira Costa High School
Public,•9-12•1.2mi
Condition Rating
Fair
The property was built in 1953, making it over 70 years old. While the listing mentions 'lightly renovated' units, the images reveal a mix of renovation ages and styles. Some units feature more contemporary updates (e.g., Kitchen 2 and Bathrooms 2/3 with shaker cabinets, light countertops, subway tile, and wood-look tile flooring, likely updated within the last 5-10 years). However, other areas (e.g., Kitchen 1 and Bathroom 1 with speckled granite, older tile, and fluorescent lighting) appear to have been renovated 15-20 years ago. The presence of wall heaters in multiple units suggests a lack of central HVAC, and the 'lightly renovated' description implies that major systems (plumbing, electrical) may not have undergone extensive recent upgrades. The property is functional and maintained, but the age of the core structure, the varied and somewhat dated renovation styles in parts, and likely older major systems place it in the 'Fair' category, requiring minor updates or repairs to meet current standards.
Pros & Cons

Pros

Great Schools: Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Iconic Beachfront Location: Situated directly on The Strand in Hermosa Beach, offering unparalleled access to the beach and vibrant downtown, a highly coveted and prestigious address.
Panoramic Ocean Views: Boasts breathtaking, extensive views including ocean, coastline, Catalina, and pier from multiple units, significantly enhancing property value and appeal.
Versatile Income Property: A triplex configuration provides significant income-generating potential through long-term or vacation rentals, offering flexibility for investors.
Premium On-Site Parking: Features rare three-car parking, including garages, a highly coveted and valuable amenity in this dense beachfront community.
Turnkey & Development Potential: Units are lightly renovated for immediate rental income, while the prime location also presents a strong development opportunity for future growth.

Cons

Property Age: Built in 1953, the property is over 70 years old, potentially indicating aging infrastructure or systems that may require future significant investment beyond current light renovations.
Modest Lot Size: The 2,393 sqft lot is relatively small, which could limit the scope for substantial redevelopment or expansion, despite being marketed as a development opportunity.
Limited Renovation Scope: While beneficial for immediate use, 'lightly renovated' suggests that major system upgrades (e.g., plumbing, electrical, HVAC) may not have been fully addressed, potentially leading to future capital expenditures.

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