Homes in Rancho Palos Verdes, San Pedro and South Bay
Albena Pachmakov
(310) 408-4018(310) 408-4018

1836 THE STRAND, Hermosa Beach, CA 90254 (MLS # 19422854)

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PRICE $10,999,000
BEDS n/a
BATHS 0 baths
HOME SIZE 3,908 sq ft
LOT SIZE 2,403 sqft

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.

DAYS ON MARKET 5 LAST UPDATED 1/11/2019
YEAR BUILT 1928 COMMUNITY Hermosa Bch Sand
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) ResidentialIncome


ADDITIONAL DETAILS
APPLIANCES Built In Range, Tankless Water Heater
ASSESSMENTS None
COOLING None
FIREPLACEFEATURES Living Room
FLOORING Wood
LISTAGENTSTATELICENSE 01330706
LOTFEATURES Sprinklers None
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR 148 - Hermosa Bch Sand
PARCELNUMBER 4183008006
PARKINGFEATURES Garage
PRICEPERSQUAREFOOT 2814.48
PROPERTYTYPE Residential Income
ROOF Composition
ROOMTYPE Living Room
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active
VIEW Ocean
WINDOWFEATURES Double Pane Windows

ZESTIMATE
1836 THE STRAND, Hermosa Beach, CA

RENT ZESTIMATE
$ / mo.  1836 THE STRAND, Hermosa Beach, CA

83 Very Walkable



 
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Listing provided by : Brice Head License # 01330706, Marcus & Millichap

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 1/15/19 8:00 PM PST 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. Properties may or may not be listed by the office/agent presenting the information