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Spanish-Style Duplex with Oceanfront Patio

1818 The Strand, Hermosa Beach, CA 90254

For Sale
Contact for pricing

Hermosa Beach, CA

Property Size2,406 SF
Lot Size0.07 Acres
Price / SF$7.27
Days on Market232

Property Features for 1818 The Strand

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 1
Rooms Laundry Room, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Kitchen, Bathroom 1, Bedroom 2
Parking 2
Parking features Garage, Side By Side, Open
Spa 1
Window features Bay Window(s)
Patio and Porch features Porch, Deck, Patio
Pets allowed Call
Interior features Balcony, Furnished, Built-in Features, High Ceilings
Exterior features Lighting
Fireplace 1
Appliances Disposal, Microwave, Refrigerator, Gas Water Heater, Barbecue, Freezer, Gas Oven, Dishwasher
Lot features 0-1 Unit/ Acre
View Ocean, Water
Elementary school Hermosa View
Middle school Hermosa Valley
High school Mira Costa
Elementary school district Hermosa
Middle school district Hermosa
High school district Hermosa
Directions hermosa ave to 18th court west, left on beach drive, first two story house on the right.
Subdivision 148 - Hermosa Bch Sand
Standard status Active
APN 4183008003
Size 2,406 SF
Lot size 0.07 Acres

Utilities

Sewer type Public Sewer
Heating system Baseboard
Water source Public
Water front features Ocean Front, Beach Front
Water front 1

Amenities

original wood floors
vaulted ceiling
wood-burning fireplace
built-in bookcases
bay window
updated kitchen
private interior courtyard
private deck
oceanfront patio
laundry

Building Details

Year built 1931
Floors in Building 2
Number of units 2
Flooring type Wood
Roof type Tile
Architectural style Spanish
Buildings 1
Listing Agency: Strand Hill Properties
Listed By: J. Suzanne Rampe · License CA #01916496
Added: Mar 29 Changed: Nov 10 Last Checked: Nov 14 at 11:06PM
MLS# SB26067613

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Spanish-style duplex at the water’s edge combines historic character with updated amenities. The 2,406-square-foot property was built in 1931 and includes three bedrooms, one full bath, one three-quarter bath, and additional shower facilities. Original wood flooring, high ceilings, built-in bookcases, a bay window, and a wood-burning fireplace add distinctive interior detail. The kitchen was renovated two years ago and includes modern appliances. Furnishings, laundry facilities, public water, and public sewer are also included.

Outdoor areas include an enclosed interior courtyard, a full-width upper deck, and a private oceanfront patio. The property fronts the beach beside an unobstructed stretch of sand without volleyball courts or equipment. Parking includes a two-car garage, with dining, the Hermosa Pier, and The Bottle Inn accessible on foot. A Spanish architectural design, tile roof, baseboard heating, and ocean-facing outdoor spaces further define the offering.

Key Highlights

  • 2,406‑square‑foot Spanish‑style property built in 1931
  • Three bedrooms with one full bath, one three‑quarter bath, and additional shower facilities
  • Ocean Front and Beach Front designation with private oceanfront patio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,714
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,280 $774.3K
Cap Rate 7%
$553,057 $553.1K
Cap Rate 9%
$430,156 $430.2K
Market Conditions
NOI Build-Up for 2,406 SF
Gross rent
$76.5K $31.80/SF
− Vacancy
−$6.1K −$2.54/SF
EGI
$70.4K $29.26/SF
− OpEx
−$31.7K −$13.17/SF
NOI
$38.7K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,280
Cap Rate 7%
$553,057
Cap Rate 9%
$430,156

Alternative Uses

Best Use
Multifamily LT 5
$600.2K
$525.2K – $700.3K (±1% cap)
NOI $42,017 @ 7.0% cap
Second Best
Apartment 5plus
$553.1K
$483.9K – $645.2K (±1% cap)
NOI $38,714 @ 7.0% cap
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,171 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,533
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Los Angeles County, CA

$539 Jul
$543 Aug
$559 Sep
$551 Oct

Properties on Market for Duplexes in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Oceanfront property includes a private courtyard, open beach frontage, and a two-car garage.
Where is this duplex located?
The property is located at 1818 The Strand Hermosa Beach, CA.
What are key features of this property?
This property features: 2,406‑square‑foot Spanish‑style property built in 1931; Three bedrooms with one full bath, one three‑quarter bath, and additional shower facilities; Ocean Front and Beach Front designation with private oceanfront patio
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