Back on the market after a few updates and new exterior paint it a 1953 beachfront triplex that will likely be a land sale.  Priced at $6,499,000 the current structure doesn’t serve much purpose in this range so likely that a builder or owner/user will purchase and tear down.  The market isn’t all that strong for new construction homes on The Strand so we’ll have to wait and see.  

The current structure is a triplex with a lower 2 bedroom 1.5 bath unit and two upper floor 1 bed 1 bath units.  One of these is beachfront and the other is in the back.

The property sold for $5.6M back in 2017 and has basically been bouncing on and off the market ever since.  It was put on the market in 2019 for the current $6,499,000 lowered to $5,999,000 didn’t sell and now back at the same $6.5M.  Not sure the strategy here but we’ll see what the market will support.

528 The Strand Facts and Features

• 4 total bedrooms
• 3.5 total bathrooms
• Triplex – Lower 2 bed/1.5 bath.  Upper has two 1 bed/1 bath units
• 2,300 total square feet* (approx)
• 2,393 beach front lot
• Built in 1953
• Listed at $6,499,000
• Listed by Neil Chhabria & Anand Chhabria – Chhabria Real Estate Company – 310-379-2167

Contact Hermosa Beach real estate specialist Keith Kyle with Vista Sotheby’s International for more information or to schedule a private tour