For Sale For Rent
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bedrooms
bedrooms
11
bathrooms
bathrooms
7
square feet
square feet
3,908
acreage
Acreage
0.05516528925619835
open houses
Open Houses
-
year built
year built
1928
full baths
Full Baths
7
half baths
Half Baths
0
Welcome to 1836 The Strand, an exceptional beachfront 5-unit property located in highly sought-after North Hermosa Beach. Very rarely does one encounter an opportunity to acquire a “to the studs” fully remodeled property spanning 3,908 sq.ft., 11 bedrooms and 7 bathrooms, under $10M on this prime stretch of The Strand. Fully renovated from top to bottom, this property showcases meticulous attention to detail, including all visible elements, plumbing, electrical and more. Grandfathered beyond current building restrictions, this property stands taller and wider than what is now permitted for new construction, offering uniquely breathtaking ocean views from four of the five units. Wake up to the soothing rhythm of the waves and panoramic ocean views stretching from Malibu to Catalina Island. Unmatched in its prime location, 1836 The Strand provides the epitome of the Southern California beachfront lifestyle, ideally located between the Pier with its vibrant restaurants, shops, and cafes, and 22nd Street with iconic Martha’s Cafe and the Bottle Inn. This remarkable income property offers excellent investment potential, offered under $2M per unit—well below Hermosa Strand condo values, and generating a gross scheduled income of $412,272 with a favorable Gross Rent Multiplier (GRM) of 24. For context, the neighboring 3,750 sq. ft. home on a 2,410 sq. ft. lot sold last year for $14.25M, highlighting the exceptional value of this offering. Options abound… Retain the penthouse as your private beachfront retreat, offer guest accommodations for family and friends, and maximize rental income from the remaining units. This beachfront gem ranks with a high score of 84 on WalkScore.com, and offers easy access to renowned schools, freeways, and numerous local destinations like LAX, Santa Monica and downtown LA. 1836 The Strand is a one-of-a-kind property that rarely graces the market. Its versatility, stunning views, and unmatched location make it an irresistible opportunity for discerning buyers, investors, or those seeking a luxurious family beach compound. For investors looking to expand their Strand portfolio, additional off-market properties may be available as part of a larger acquisition. Inquire for details, and don’t miss this chance to own a piece of the coveted Strand lifestyle.
Location
Subdivision -
County Los Angeles
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: SB25034806
Listing agent: Shawn Dugan #01749343
Listing broker: Strand Hill Properties (310) 545-0707
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Saturday, March 8 2025 at 8:06 p.m. EST
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