The Beach House in Hermosa Beach is a very unusual housing option as it’s one of the only “condo/hotel” complexes in the South Bay. Add to that the fact that it happens to sit beach front near the Hermosa Beach pier area and it makes it all that more appealing for investors. The owners can use the room (every room is individually owned and is not a timeshare situation) up to 90 days a year and the rest of the time it is rented and managed by the on site management. Income from the unit is split 50/50 but they handle any and all maintenance, upkeep, management, rentals, etc.
At the moment there are two new listings, and one that has been on the market for a bit.
Click to see the current condos for sale in the Beach House in Hermosa Beach.
By Keith Kyle
When most people envision perfection in beach living, they picture a home with endless views of the sand, surf and ocean. The magnificent homes of The Strand offer just that. With only a limited amount of space, these homes feature spectacular locations in which to sit back and relax. Many of the original bungalows have been replaced with stunning estates with nano doors, high end amenities, and those panoramic views. Homes range from the mid $6.0Ms to over $14,000,000. Properties rarely come on the market and often sell quickly due to the unique and somewhat priceless location. The majority of the properties are single family homes with a scattering of condos, townhomes and duplexes. The most affordable option is the condo hotel located at 1300 The Strand known as the Beach House.
By Keith Kyle
The beachfront street known as The Strand in Hermosa Beach usually has a multi-million dollar price tag and is certainly out of the range for most buyers. A potential option for those looking to live the good life without the rich and famous price tag is the condo/hotel known as the Beach House at 1300 The Strand. Units are individually owned but can only be used by owner a total of 90 days a year. The rest of the year the on site management rents out the units and revenues are split 50/50 between owners and management. Not all of the units are beach front, but the newest listing from South Bay Brokers is not only beach front but sits high on the top floor offering panoramic ocean, beach and pier views.
View the listing information for 1300 The Strand Unit 312