$8,995,000

1836 The Strand Hermosa Beach, CA 90254

Estimated payment $58,006/month

Total Views 1,838
11 Beds
7 Baths
3,908 Sq Ft
$2,302 Price per Sq Ft

Highlights

  • Beach Front
  • White Water Ocean Views
  • Ocean Side of Highway 1
  • Hermosa Valley Elementary School Rated A
  • Property has ocean access
  • 4-minute walk to Noble Park

About This Home

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 $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 $2M per unit—well below Hermosa Strand condo values, and generating a gross scheduled income of $425,196. 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. 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.

Listing Agent

Shawn Dugan

Strand Hill Properties Brokerage Email: manonthestrand@gmail.com License #01749343 Listed on: 08/15/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 2,403 Sq Ft Lot
  • Beach Front
  • No Common Walls
  • West Facing Home
  • Level Lot

Parking

  • 3 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Catalina
  • Panoramic

Interior Spaces

  • 3,908 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1

Listing and Financial Details

  • Legal Lot and Block 6 / 19
  • Tax Tract Number 621
  • Assessor Parcel Number 4183008006
  • Seller Considering Concessions

Community Details

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Cable TV Expense $254
  • Electric Expense $102
  • Fuel Expense $1,318
  • Insurance Expense $3,410
  • Maintenance Expense $8,653
  • Other Expense $2,671
  • Professional Management Expense $738
  • Trash Expense $597
  • Water Sewer Expense $1,309
  • New Taxes Expense $112,437
  • Operating Expense $137,849
  • Gross Income $425,196
  • Net Operating Income $274,591

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1928 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 3.05
  • Price Per Unit: 1799000
  • Professional Management Expense: 738.00
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1309.00
  • Zoning: HBR2B*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 4183008006
  • Year Built: 1928
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 3
  • Entry Location: Ground floor
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 2301.69

Exterior Features

  • Direction Faces: West
  • View: Catalina, Coastline, Ocean, Panoramic, Pier, Water, White Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Trash Expense: 597.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2403.00
  • Lot Size Acres: 0.0552

Multi Family

  • Cable TV Expense: 254.00
  • Electric Expense: 102.00
  • Fuel Expense: 1318.00
  • Garage Income: 800.00
  • Gross Income: 425196.00
  • Gross Multiplier: 21.00
  • Gross Operating Income: 412440.00
  • Gross Scheduled Income: 425196.00
  • Insurance Expense: 3410.00
  • Lot Size Area: 2403.0000 Square Feet
  • Maintenance Expense: 8653.00
  • Net Operating Income: 274591.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 137849.00
  • Other Expense: 2671.00
  • Other Expense Description: Comm.
  • Rent Control: No
  • Total Actual Rent: 34356.00
  • Total Expenses: 137849.00
  • Vacancy Allowance: 12755
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 112437.00
  • Tax Block: 19
  • Tax Census Tract: 6210.05
  • Tax Lot: 6
  • Tax Tract Number: 621...

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $8,995,000 0.0% $2,302 / Sq Ft
08/15/2025 08/15/25 For Sale $8,995,000 0.0% $2,302 / Sq Ft
10/30/2018 10/30/18 Rented $6,750 +3.8% --
09/30/2018 09/30/18 Price Changed $6,500 -6.5% $7 / Sq Ft
09/04/2018 09/04/18 Price Changed $6,950 +0.8% $7 / Sq Ft
04/30/2018 04/30/18 For Rent $6,895 +38.0% --
04/23/2018 04/23/18 Rented $4,995 0.0% --
04/10/2018 04/10/18 For Rent $4,995 -36.8% --
03/21/2018 03/21/18 Rented $7,900 +5.3% --
01/07/2018 01/07/18 Price Changed $7,500 +168.3% $5 / Sq Ft
01/07/2018 01/07/18 For Rent $2,795 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25184514

California Regional Multiple Listing Service (CRMLS)