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Three addresses under one roof on one of the few remaining full oceanfront parcels on the Hermosa Strand. Frontage on the Strand is finite. This one works today and can evolve over time. 528, 530 and 532 The Strand is a three unit residential income property of approximately 2,450 square feet on a 30 x 80 oceanfront lot at 6th Court, just south of the Hermosa Pier. Two (2) upper level one bedroom residences, each with remodeled kitchens with dishwasher and in unit laundry. One has a large, private deck that captures a direct Strand facing view, the other features a double sized deck with privacy walls. The beach level is a two bedroom, two bath unit with updated appliances, a fireplace, in-unit laundry, and a large, private patio opening directly onto the Strand. Plus, there are three garage spaces on site. Every unit has its own dedicated private outdoor space. On the beach front that is genuinely rare. What this offering provides is control. Three legal addresses mean three independent decisions rather than one. Occupy one and lease the others. Lease all three. Hold one for friends and visiting colleagues. Run furnished thirty day and longer terms. Or hold the parcel with income while planning a build that capitalizes fully on the frontage. Because it is classified residential income rather than a personal residence, it can serve as replacement property in a 1031 exchange. For a buyer carrying a gain out of another investment property, that distinction is not small. Located "in the sweet spot" South of the Pier where one gets access to all of the South end businesses, less congregating "Pier Plaza" traffic nearby, yet still enjoys the quick promixity to Downtown Hermosa.

SB26181465 MLS

528 The Strand, Hermosa Beach

Listing courtesy of Listing Agent: Neil Chhabria (neil@chhabriare.com) from Listing Office: Chhabria Real Estate Company.

$5,299,000

One of the few remaining full oceanfront parcels on the Hermosa Strand, producing income while you plan your vision. 532 The Strand is a 30 x 80 oceanfront lot at 6th Court, just south of the Hermosa Pier, improved with a three unit residential income property of approximately 2,450 square feet. It carries three legal addresses (532,530 & 528 The Strand). The building works for itself today with three separate legal addresses, each with its own private outdoor space, its own kitchen and its own in-unit laundry. Two (2) upper level one bedrooms, one facing the Strand directly and one with a double-sized deck. And a beach level two bedroom, one and a half bath with updated appliances, a fireplace, and a patio opening directly onto the sand. Three garage spaces on site. For a buyer with a longer timeline, entitlement on the coast takes the time it takes, and this parcel is not an empty lot waiting on a permit. Occupy one unit and lease the others. Lease all three. Run furnished thirty day and longer terms: the point is, there's options. And because it is classified residential income rather than a personal residence, it can serve as replacement property in a 1031 exchange. For a buyer carrying a gain out of another investment property, that is conversation worth having with a trusted CPA to determine options. The bottom line is: frontage on the Strand is finite. This is one to look more closely at because it produces today and can evolve on your schedule.

4 Beds ⋅ 4 Baths ⋅ SB26181602 MLS

532 The Strand, Hermosa Beach

Listing courtesy of Listing Agent: Neil Chhabria (neil@chhabriare.com) from Listing Office: Chhabria Real Estate Company.

Based on information from CRISNet MLS as of 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.