18 days on rocket

528 The Strand, Hermosa Beach, CA, 90254

$6,500,000

4 Bedrooms
4 Full Baths
2,300 SqFt
$2,826/SqFt
Multi
Schools Nearby

Location

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Property Highlights

Home TypeTriplex
ParkingGarage
Attached Garage3 spaces
Year Built1953
HeatingCentral, Wall Furnace
CoolingNone
WaterfrontOcean Access, Ocean Front
FireplaceLiving Room
ViewOther, Ocean, Panoramic
MLS #SB24071959
Lot Size0.05 Acres
StatusActive

About 528 The Strand

Ocean front, Best value on the strand! This opportunity is versatile in nature. Use as a single family home, collect rent from a 3 unit income property or tear down and build new. Set in an ideal location on The Strand. Just far enough south to avoid the large crowds of the pier, but not too far south. And still less than half a mile to the restaurants and renowned Hermosa nightlife. Currently on the property is the original 1953 triplex, but it's also setup to live like a single family home by way of an internal common area stairway. Downstairs features a 2 bedroom 1.5 bathroom ocean front apartment with a spacious patio. Upstairs features two, one bedroom one bathroom apartments. One is an ocean front apartment with a balcony and ridiculous views. The other is a nice 1 bedroom 1 bathroom apartment with a balcony. All three units have been lightly renovated all with their own laundry. Property also has a tight 1 car garage stall and a 2 car garage stall. The views are breath taking and the location is great.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1953
  • Stories: 2
  • Living Area: 2,300 SqFt

Listing Office:

  • Office Name: Chhabria Real Estate Company
  • Office Phone: (310) 902-7227
  • Listing Agent: Neil Chhabria

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: Balcony, Ceiling Fan(s), Bedroom on Main Level
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Ocean Access, Ocean Front
  • View: Other, Ocean, Panoramic
  • Exterior: Awning(s)

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central, Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Hermosa Valley Elementary School, Public District Grades 3-8
  • Hermosa View Elementary School, Public District Grades KG-2

Other

Directions Information:

  • Directions: 6th ct to Beach Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
  • Price Per SqFt: $2,826/SqFt

Tax Information:

  • Annual Amount: $63,345
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hermosa Beach, CA.

Med. Sold Price

$2.2M

Med. Price/SqFt

$1,199

Avg. Days On Market

23

# of Sold Homes

12

528 The Strand vs Hermosa Beach

18 DAYS ON ROCKET

-5 Days

$6,500,000

+$4.2M More

$2,826/SqFt

+$1.6K More

KEY TAKEAWAY

This property is $4.2M more than the Median Sold Price and $1.6K/SqFt more than other homes in Hermosa Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24071959

Listing Office:

  • Office Name: Chhabria Real Estate Company
  • Office Phone: (310) 902-7227
  • Listing Agent: Neil Chhabria

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 7:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 22, 2017Home Sold
$5,600,000

Tax History

YEARPROP. TAXASSESSMENT
2021$63,345$5,886,598
2020$61,671$5,826,240
2019$59,694$5,712,000
2018$3,352$5,600,000
2017$3,352$247,329

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3296972
10
/10
  • Hermosa View Elementary School

  • 1800 Prospect Ave

  • 0.93 miles

  • Public District Grades KG-2

Middle School

school-card-donut-3296973
9
/10
  • Hermosa Valley Elementary School

  • 1645 Valley Dr

  • 0.69 miles

  • Public District Grades 3-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $137,500. The most common annual income of people living in Hermosa Beach, CA is $200k+. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaLos Angeles CountyHermosa Beach90254528 The Strand

This home is located at 528 The Strand in Hermosa Beach, CA and zip code 90254 in the Hermosa Beach Sand neighborhood. This 2,300 square foot home, which was built in 1953, sits on a 0.05 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $6,500,000.

In March 2024, from all listings sold in Hermosa Beach, CA there were more than 6 sold above asking price, over 3 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Hermosa Beach, CA increased by 3.9% between February 2024 and March 2024. While the average time on the market in March 2024 was 23 days, the median list price was $2,210,000.

From Rocket Homes Real Estate and based on county public records data.

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