Hermosa Beach - Beach Property For Sale #5448436

This is your chance to own a 4-unit building on a full 30' x 80' beachfront lot for under $6M, offering the best value on the world-famous Hermosa Beach Strand. With stunning ocean views and an unbeatable location, this property provides endless possibilities for investors seeking a premium beachside asset.

Unlock the potential of this property by exploring the various development options available. Create a breathtaking owner's unit while still maintaining rental income from the remaining units. Take advantage of the interior stairway to reconfigure the space to suit your needs--whether it's a mix of units for optimal income or a luxurious, expansive residence. If you're simply looking to invest, this irreplaceable beachfront property already generates immediate rental income, making it a solid option for a 1031 exchange.

The property comes with dedicated 3-car parking, a valuable amenity in this sought-after beach community. Plus, you're just steps away from the shops and dining of downtown Hermosa Beach, providing convenience and a vibrant lifestyle.

While this property has fantastic bones, with the right attention, there's significant rental growth potential. Making this property a smart long-term investment in a location where beachfront properties are becoming increasingly scarce. Don't miss out on this rare opportunity to own a piece of Hermosa Beach history with endless upside potential.