$8,995,000
1836 The Strand, Hermosa Beach CA 90254
Multi-Family (5 Units)
Property type
97 days
On market
$2,302
Price per sqft
3 cars
Garage
1928
Year built
2,403 sqft
Lot size
Home highlights
Open Houses
Overview
Welcome to 1836 The Strand, an exceptional beachfront 5-unit property located in highly sought-after North Hermosa Beach. In addition to its outstanding long-term investment fundamentals, this property may offer a compelling short-term rental opportunity with the potential for significant cash flow. Inquire for estimated short-term rental income projections.Very rarely does...
Listing provided by: Shawn Dugan DRE #01749343, Strand Hill Properties
Listing updated: May 8, 2026 at 11:02pm.
Last checked: Jun 15, 2026 at 10:00pm
Source: CRMLS #26661347
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $8,400 | $8,400 | $8,400 | Furnished |
| 1 | 3 | 1 | — | $9,200 | $9,200 | $9,200 | Furnished |
| 1 | 3 | 2 | — | $7,643 | $7,643 | $7,643 | Unfurnished |
| 1 | 2 | 2 | — | $6,395 | $6,395 | $6,395 | Furnished |
| 1 | 1 | 1 | — | $2,995 | $2,995 | $2,995 | Unfurnished |
# of Buildings: 1
# of Units Total: 5
Refrigerator: 5
Financial Snapshot
Gross Rent Multiplier
21.2x
List Price / Annual Gross Rent
Cap Rate
3.05%
NOI / List Price
Net Operating Income: $274,591
Interior
Cooling: None
Heating: Central
Appliances: Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Entry Location: Ground Level W, Steps
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Property Condition: Updated Remodeled
Common Walls: One Common Wall
Direction Faces: West
Spa: None
View: Coastline, Ocean, Water
Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Freeway
Garage and Parking
Parking: Door Multi, Garage
Garage Spaces: 3
Parking Total: 3
Lot Information
Land Lease: No
Parcel #: 4183008006
Zoning: HBR2B*
Community
HOA: No
Senior Community: No