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Marilyn Coates
CA BRE#: 01893393
RE/MAX Estate Properties
901 Silver Spur Road

Rolling Hills Estates, CA 90274
(310) 433-0797

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Listing 6 out of 59
$6,495,000 For Sale

44 The Strand
Hermosa Beach, CA 90254

2 units | Multi Family Home
3607 sq ft - MLS# SB19005652
Property Photo
1/18

Description

In the year 1906 Hermosa Beach’s 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’ 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 – where units command the highest rental rates in the South Bay.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90254
  • Year Built: 1907
  • Units: 2 units
  • # of Parking Spaces: 9.00
  • Lot Size: 3607 sq ft
  • Zoning: HBR3YY
  • Area: 148 - Hermosa Bch Sand
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2317.00
  • Building Area Units: Square Feet
  • Carport Spaces: 1.00
  • Common Walls: 1 Common Wall
  • Community Features: Curbs, Sidewalks
  • Country: US
  • Directions: Hermosa Ave & Beach Drive
  • Electric Expense: 350.00
  • Fuel Expense: 190.00
  • Garage Spaces: 1.00
  • Gross Income: 127800.00
  • Gross Scheduled Income: 127800.00
  • Insurance Expense: 4800.00
  • Laundry Features: Community
  • Laundry YN: Yes
  • Listing Agent License: 01907722
  • Listing Office License: 01922362
  • Lot Features: Lot-Level/Flat
  • Lot Size Area: 3607.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 118050.00
  • New Taxes Expense: 74800.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 9750.00
  • Property Attached YN: Yes
  • Sewer: Public Sewer
  • Total Expenses: 81150.00
  • Trash Expense: 300.00
  • Uncovered Spaces: 7.00
  • Water Sewer Expense: 710.00
  • Water Source: Public
  • Year Built Source: Estimated
Courtesy of Vista Sotheby’s Realty, Meredith Johnson


Marilyn Coates | 310-433-0797 | Contact Me
901 Silver Spur Rd. - Rolling Hills Estates, CA 90274
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