
Hermosa Beach, California 90254
This Triplex Residential Income Asset is a Strong Value Opportunity, listed at $5,299,000—positioned well above the $4,913,255 Fair Market Value by 7%. While priced at a premium, the property offers rare Direct Strand Frontage and Panoramic Ocean Views. With a Fair Condition Rating, the site provides significant flexibility for 1031 Exchange strategies or future redevelopment. Located near Top-Rated Schools like Hermosa View Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a legacy beachfront property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 528 The Strand Subject | $5,299,000* List Price | 0 | 0 | 2,450 | $2,005 | - |
A 69 18th Sold | $4,952,500 | 0 | 0 | 2,382 | $2,079 | 0.7 mi |
B 532 The Strand Active | $5,299,000 List Price | 4 | 4 | 2,450 | $2,163 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the property is over 70 years old. While the listing notes remodeled kitchens and updated appliances that make the units functional for immediate rental income, the overall age of the structure and systems, combined with the listing's suggestion of future redevelopment, aligns with the 'Fair' criteria for dated properties requiring eventual updates.
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Situated on a rare full oceanfront parcel south of the Hermosa Pier, this property offers direct beach access and panoramic views in a highly coveted, quieter section of The Strand.
As a legal triplex, the property is eligible for 1031 exchanges and provides multiple configurations for owner-occupancy, long-term rentals, or short-term furnished stays while planning a future build.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2450, other record living area = 2300.
Originally built in 1953, the structure may require ongoing maintenance or a complete redevelopment to fully capitalize on the land's premium value and modern luxury standards.
With a total of 2,450 square feet split across three units, the individual residences are relatively small, which may limit appeal for tenants or owners desiring more spacious interior layouts.
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.
No exterior & parking available.
Grades K-3 • 0.9 mi
Grades K-5 • 1.5 mi
Grades 4-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,450 | 1,772 |
| Lot Size | 2,393 | 2,939.2 |
| Price | $5.30M | $2.22M |
| Price per sq ft | $2.2K | $1.4K |
| Built year | 1953 | 1931 |
| HOA | $0 | $0 |
| Days on market | 19 | 103 |
Aug 21, 2026
$5,299,000
Initial Listing