44 The Strand

    Hermosa Beach, CA 90254
    • $6,800,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: SB19005652
    UPDATED: 12 min ago
    $6,800,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,317
      SQFT
    • $2,935
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:

    School Ratings & Info

    Description

    In the year 1906 Hermosa Beach+GGs first election for city officers was held. In 1907 the city received its Charter from the state of California and it was also in this year that 44 Strand came to life. If these walls could speak they would tell the story of seven generations of family who have lived in this home. Its occupants served as city attorney, municipal judge and owner/director of the Sand Castle Pre-School. Though the city landscape around it has a vastly different look, this home still lies directly in front of the boundless Pacific Ocean. The opportunity for a new owner to carry on the legacy of 44 Strand is now available. Nestled between the Hermosa Beach Pier and the Redondo Beach Marina, with 45+GG of ocean frontage, its distinction and caliber can only be truly appreciated in person. Currently used as rental property, this South Hermosa Beach duplex (zoned R3) offers its new investor a lot & a half upon which to build your dream home, option to build two units or the opportunity to remodel the existing property and manage rentals along The Strand +GG where units command the highest rental rates in the South Bay.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-17T19:29:36.077. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/90759659

    44 The Strand Hermosa Beach, CA 90254

    • Price: $6,800,000
    • Status: Active
    • Updated: 12 min ago
    • ID#: SB19005652
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    2,317
    SQFT
    $2,935
    $/SQFT
    1907
    Built
    Neighborhood:
    148 - Hermosa Bch Sand
    County:
    Los Angeles
    Area:
    148 - Hermosa Bch Sand
    Property Description
    In the year 1906 Hermosa Beach+GGs first election for city officers was held. In 1907 the city received its Charter from the state of California and it was also in this year that 44 Strand came to life. If these walls could speak they would tell the story of seven generations of family who have lived in this home. Its occupants served as city attorney, municipal judge and owner/director of the Sand Castle Pre-School. Though the city landscape around it has a vastly different look, this home still lies directly in front of the boundless Pacific Ocean. The opportunity for a new owner to carry on the legacy of 44 Strand is now available. Nestled between the Hermosa Beach Pier and the Redondo Beach Marina, with 45+GG of ocean frontage, its distinction and caliber can only be truly appreciated in person. Currently used as rental property, this South Hermosa Beach duplex (zoned R3) offers its new investor a lot & a half upon which to build your dream home, option to build two units or the opportunity to remodel the existing property and manage rentals along The Strand +GG where units command the highest rental rates in the South Bay.
    Exterior Features

    Carport Spaces 1.00 Garage Spaces 1.00 Lot Features Lot-Level/Flat Lot Size Source Assessor Lot Size Units Square Feet Parking Total 9.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 350.00 Elevation Units Feet Exclusions Tenant's Personal Property Fuel Expense 190.00 Gross Income 127800.00 Gross Scheduled Income 127800.00 Insurance Expense 4800.00 Land Lease YN No Laundry YN Yes Net Operating Income 118050.00 New Construction YN No New Taxes Expense 74800.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 9750.00 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 81150.00 Trash Expense 300.00 Water Sewer Expense 710.00 Water Source Public Year Built Source Estimated Zoning Hbr3yy

    Listing provided courtesy of Meredith Johnson of Vista Sotheby+Ógé¼gäós Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-17T19:29:36.077. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024