Search
Beachfront Multifamily Opportunity in Hermosa
For Sale
$5,600,000

528 -530 The Strand, Hermosa Beach, CA 90254

Three-unit beachfront property in Hermosa Beach with flexible options.

Property Size2,460 SF
Lot Size0.06 Acres
Price / SF$2,276
Days on Market87

Property Features for 528 -530 The Strand

General Information

Standard status Active
Size 2,460 SF
Lot size 0.06 Acres
Property subtype Investment

Building Details

Building Size 2,460 SF
Year Built 1953
Stories 2
Units 3
Listing Agency: Chhabria Real Estate Company
Listed By: Neil Chhabria · License #01821437
Source: Elliman
Added: May 21 Changed: Aug 12 Last Checked: Aug 14 at 9:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chhabria Real Estate Company

Investment Insights

Based on property information with market context.

Located on The Strand between 5th and 6th St, this three-unit property offers a beachfront opportunity in Hermosa Beach. The property, set on a 30 x 80 lot, spans approximately 2,460 square feet across all three units. The current layout includes two upper-level one-bedroom residences, each with remodeled kitchens, dishwashers and in-unit laundry, and each has its own exclusive use outdoor space. One upper unit captures a direct Strand-facing view, while the other has a double-sized exclusive use deck space. The beach level features a larger two-bedroom, two-bath unit with updated appliances, fireplace, and an exclusive use beachfront patio that opens directly to The Strand. Garage parking is included on site. The property can be leased, repositioned, or held for future development. The configuration also lends itself to corporate ownership, executive housing, or a private retreat compound with multiple living environments. Located just south of the Hermosa Pier, the location along The Strand places you in immediate proximity to volleyball courts, open sand, and the daily rhythm of beach life, while still maintaining a sense of separation from the most concentrated foot traffic closer to Pier Ave. The location has a walk score of 90, indicating it is a Walker's Paradise, and a bike score of 83, indicating it is Very Bikeable.

Key Highlights

  • Rare beachfront property with three vacant units, offering immediate control.
  • Prime location on The Strand in Hermosa Beach, close to amenities.
  • Flexible options: lease as‑is, remodel, or plan a future build to maximize ocean frontage.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Nursing Home Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,154
Businesses Nearby

Demographics for 90254, CA

19,736
Population
10,454
Households
1.9
Avg Household Size
40
Median Age
77%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
14,097
Density / Sq Mi
$152,019
Median Household Income
$104,385
Median Earnings
$2,812
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Three-unit beachfront property in Hermosa Beach with flexible options.
Where is this multifamily property located?
The property is located at 528 -530 The Strand Hermosa Beach, CA.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: Rare beachfront property with three vacant units, offering immediate control.; Prime location on The Strand in Hermosa Beach, close to amenities.; Flexible options: lease as‑is, remodel, or plan a future build to maximize ocean frontage.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message