tomo logo

$999,000

Beds
1
Baths
1.0
sq ft
439

1300 The Strand Unit 301, Hermosa Beach, CA 90254

1300 The Strand Unit 301

Hermosa Beach, CA 90254

  • 4 days on market
Welcome to the Beach House. This unique investment opportunity allows you to own a piece of The Strand! This fully furnished unit allows full use of the condominium for up to 90 days a year while sharing in rental income from the hotel on a 50/50 split. Financials available upon request.

Details

Property type

Condominium

Est. home value

$666,929

Lot size

0.3868 acres

Price per sq ft

$2,276

Year built

1998

Monthly HOA fee

$1,116

Price History

02/18/2025
CRMLS

CRMLS #SB25035973

Listed
$999,000
+11.12%
11/16/2024
CRMLS

CRMLS #SB24169998

Removed
$899,000
08/16/2024
CRMLS

CRMLS #SB24169998

Listed
$899,000
-2.81%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Redondo Unified

Number of units in community: 

96

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Anfuso Family Trust

Loan start date

March 2023

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Commercial

Seller

Elegant Prosperity Properties One Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 1:20 AM

Listing updated: 02/19/2025 at 6:40 AM

Listed by: Joshua Hammond, CompassCompass Phone #: (310) 241-3038

MLS: CRMLS #SB25035973

CRMLS logo

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