$5,299,000
UNDER CONTRACT

Estimated payment $35,643/month

Total Views 5,565
4 Beds
4 Baths
2,450 Sq Ft
$2,163 Price per Sq Ft

Highlights

  • White Water Ocean Views
  • Property is near public transit
  • No HOA
  • Hermosa Valley Elementary School Rated A
  • Wood Flooring
  • Side by Side Parking

About This Home

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.

Listing Agent

Neil Chhabria

Chhabria Real Estate Company Brokerage Phone: 310-902-7227 License #01821437 Listed on: 08/21/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 2,393 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Side by Side Parking

Property Views

  • White Water Ocean
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Central Heating
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 6
  • Assessor Parcel Number 4188004005
  • $972 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,400
  • Trash Expense $480
  • Water Sewer Expense $600
  • Operating Expense $5,480
  • Gross Income $187,200
  • Net Operating Income $115,043

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

2,393 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 2.17
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 4188004005
  • Year Built: 1953
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 2162.86
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Ocean, White Water, City Lights, Hills, Water, Panoramic
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Side by Side
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Connected, Phone Available, Sewer Connected, Cable Available, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Microwave, Refrigerator, Free-Standing Range, Freezer, Dishwasher
  • Heating Type: Wall Furnace, Central
  • Laundry Features: Inside, Gas Dryer Hookup, Washer Hookup, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 2393.00
  • Lot Size Acres: 0.0549

Rental Info

  • Tenant Pays: Gas, Telephone, Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 575 Square Feet
  • Average2 Bed Area: 1300 Square Feet
  • Gross Income: 187200.00
  • Gross Operating Income: 177840.00
  • Gross Scheduled Income: 187200.00
  • Insurance Expense: 4400.00
  • Lot Size Area: 2393.0000 Square Feet
  • Net Operating Income: 115043.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 62797.00
  • Rent Control: No
  • Total Expenses: 5480.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Block: 6
  • Tax Lot: 5
  • Tax Tract Number: .
  • TaxOtherAnnualAssessmentAmount: 972.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $68,725 $6,499,275 $5,686,868 $812,407
2025 $68,725 $6,371,839 $5,575,361 $796,478
2024 $67,077 $6,246,902 $5,466,041 $780,861
2023 $65,676 $6,124,414 $5,358,864 $765,550
2022 $64,498 $6,004,329 $5,253,789 $750,540
2021 $63,345 $5,886,598 $5,150,774 $735,824
2019 $61,671 $5,712,000 $4,998,000 $714,000
2018 $59,694 $5,600,000 $4,900,000 $700,000
2016 $3,203 $242,480 $171,467 $71,013
2015 $3,147 $238,839 $168,892 $69,947
2014 $2,909 $234,161 $165,584 $68,577
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2026 08/21/26 For Sale $5,299,000 -5.4% $2,163 / Sq Ft
12/22/2017 12/22/17 Sold $5,600,000 -6.7% $2,435 / Sq Ft View Prior Sale
09/13/2017 09/13/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $5,999,999 0.0% $2,609 / Sq Ft
11/30/2016 11/30/16 Rented $1,500 -40.0% --
11/21/2016 11/21/16 Off Market $2,500 -- --
11/10/2016 11/10/16 Price Changed $2,500 -34.2% $4 / Sq Ft
08/10/2016 08/10/16 For Rent $3,800 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- --
Interfamily Deed Transfer -- Progressive
Interfamily Deed Transfer -- Progressive Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $3,405,000 Adjustable Rate Mortgage/ARM
Closed $3,500,000 No Value Available
Previous Owner $640,000 New Conventional
Previous Owner $540,000 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $284,000 New Conventional
Previous Owner $262,500 No Value Available
Previous Owner $264,500 Unknown
Previous Owner $270,000 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB26181465

California Regional Multiple Listing Service (CRMLS)

APN: 4188-004-005

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