How about Hermosa?
1300 The Strand #225, Hermosa Beach, CA 90254
Unique fully owned hotel room/condo Just Listed for $965,000
If you’re condo search extends beyond the Village and Seascape complexes, here is one of the mose unique investment ownership opportunities in the area. Welcome to ownership inthe Beach House Hotel in Hermosa. The units in the Beach House are all individually owned as hotel/condo properties but there are restrictions on owner use due to an agreement for “beach access” with the California Coastal Commission when the property was built. The property is fee simple and specific units are wholly owned so it’s definitely not a timeshare.
The Beach House Hotel offers a fantastic beach front location so it’s occupancy rate is incredible.
Unit #223 is not one of the beachfront units but is a 2nd floor unit on the northwest corner of the rear building so it still enjoys nice ocean, beach and park views.
1300 The Strand #223 Facts and Features
- Full ownership of specific unit….not a timeshare
- 450 sq foot studio hotel room/condo
- Beach House Hotel guest services and amenities
- 2nd floor corner location in east building
- Studio and bathroom unit downstairs
- 90 days of owner use per year
- Rental income split 50/50 with hotel
- 1,116 monthly HOAt
- Built in 2010
- Listed at $965,000
- Listed by Shawn Dugan with Strand Hill Properties – 310-265-3428
1300 The Strand, Hermosa Beach, CA 90254 – $965,000
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