$850,000

The Beach House, located on THE STRAND, is one of the few condotels (a condo hotel) located on the OCEAN in Southern California. Steps from the sand and an easy walk to downtown Hermosa Beach (Pier Avenue and Hermosa Avenue), where you'll find tons of great restaurants, shops, and entertainment. All the activities that make the beach so enjoyable and desirable are right out the front door! Spectators also enjoy the local and national volleyball tournaments and other sporting events, which are also offered in this location. There are 96 individually owned units at The Beach House. Owners can enjoy their unit 1-90 days a year, and when it's not being used by owners/owners' guests, they earn rental income. The income is split 50/50 with the management company. Each unit has a sleeping area with a king bed, desk, closet, bank of drawers, and nightstands. The bathroom offers a separate shower and large soaking tub, plus a spacious counter and sink. There is also a well-appointed and nicely sized living room with a fireplace, a large sofa that pulls out to offer a comfortable queen sleeper, a side chair, a coffee table, an end table, and lighting. In addition, there is a balcony with chairs and a table for outdoor enjoyment. A continental breakfast is available every morning, and you can enjoy it inside or outside, taking in full ocean views. Valet parking is offered to owners and guests. There is also bicycle/surfboard storage available if needed. The long-term staff are professional and pleasant, know the owners, and go above and beyond to make sure that everyone's stay is a great experience. Suppose you desire to have a multi-million dollar location with great beach town amenities at your fingertips, a lock-and-go concept, and the opportunity to collect rental income when not in personal use. In that case, this is the limited ideal opportunity for you! These units are not often available, as many owners are original owners. Happy to answer questions or show you this unique offering.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Multifamily
• Year Built: 2001
• Built in 2001
• Home size: 0 ft² / 0 m²
• MLS: SB25221737
• Status: Active

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