Hermosa Beach Homes with Own Your Own Subtype

Hermosa Beach Homes with Own Your Own Subtype

Welcome to Hermosa Beach, a picturesque coastal gem nestled in Los Angeles County, California. Known for its stunning beaches, vibrant community, and an array of outdoor activities, Hermosa Beach is a haven for those seeking a laid-back lifestyle infused with a touch of California charm. With its golden sands and inviting surf, residents and visitors alike enjoy a plethora of water sports, beach volleyball, and leisurely strolls along the iconic Hermosa Beach Pier.

The city boasts a delightful blend of small-town feel and urban amenities, featuring a variety of shops, cafes, and restaurants that line the bustling Pier Avenue. Whether you're savoring fresh seafood at a local eatery or enjoying a sunset cocktail at a beachfront bar, Hermosa Beach offers an unparalleled dining experience that caters to every palate. The annual events, including the Hermosa Beach Summer Concerts and the Kite Festival, foster a sense of community and celebrate the vibrant culture of this coastal paradise.

For those looking to call Hermosa Beach home, the real estate market offers unique opportunities, particularly in the "Own Your Own" subtype of homes. This distinctive ownership model allows residents to purchase a share in a cooperative housing community, providing a sense of ownership without the burdens of traditional homeownership. These homes often come with the added benefit of shared amenities, fostering a close-knit community atmosphere.

In Hermosa Beach, you'll find not just a place to live, but a lifestyle that embraces the sun, surf, and a strong sense of community. Come and discover the charm of Hermosa Beach—where every day feels like a vacation!

Newest Hermosa Beach Homes with Own Your Own Subtype

$8,995,000
11 Beds ⋅ 7 Baths ⋅ 26727331 MLS ⋅ Active Status
Welcome to 1836 The Strand, an exceptional beachfront 5-unit property located in highly sought-after North Hermosa Beach. In addition to its outstanding long-term investment fundamentals, this property may offer a compelling short-term rental opportunity with the potential for significant cash flow. Inquire for estimated short-term rental income projections.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 $9M 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 $1.8M per unit well below Hermosa Strand condo values. For context, the neighboring 3,750 sq. ft. home on a 2,410 sq. ft. lot sold 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. Investors may also explore the property's potential as a high-income short-term rental asset, capitalizing on its irreplaceable beachfront location and flexible unit mix. Estimated income projections available upon request.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, income potential, 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 do not miss this chance to own a piece of the coveted Strand lifestyle.

1836 The Strand, Hermosa Beach
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.