Real Estate in the Beach Cities: November 2008

The Good Life - Hermosa Beach Strand without the Multi-Million Dollar Price Tag

If you're like most people in the South Bay, the ultimate in beach living would be a home on the famous "Strand".  The Strand is the oceanfront strip in both Hermosa and Manhattan Beach.  Home offer panoramic views, ocean breezes, the sounds of crashing waves, and the beach as your front yard.  The drawback is, of course, the price.  Hermosa Beach Strand homes generally sell for the mid $4.0Ms for a tear down and can run over $10M for new construction on a larger lot.

Is there a way to enjoy oceanfront living for less? 

Beach House in Hermosa Beach 

The answer may lie in the "condo-hotel" known as The Beach House just off pier plaza. All 96 units are individually owned and can be used by the owner for up to 90 days a year.  The on site management company uses them as rental hotel rooms for the rest of the year providing the owner with rental income to offset costs.  The units are 439 feet and are located in one of two buildings.  The original building is primarily oceanfront units with panoramic views of the beach, ocean, Palos Verdes and the pier.  The other building is located just off of the Strand but enjoys an excellent location.  The units are all fully furnished and offer an efficiency kitchen, 2 TVs, CD player/receiver, fireplace, living room with a pull out queen sofa sleeper, king bed, desk area, bath with soaking tub and separate shower. 

Beach House Hermosa Beach

There are very rarely units for sale but as of November 20 there are 3 units for sale.  Visit www.SouthBayOceanFront.com to see all current Hermosa Beach Strand Homes and Beach House Strand Home.

Beach House Hermosa Interior

 

Keith Kyle - Realtor, e-Pro - South Bay Brokers - 2501 N Sepulveda Blvd - Manhattan Beach, CA 90266 -310-251-2344

For real estate information, open houses, and FREE MLS access visit www.KeithKyleHomes.com

0 commentsKeith Kyle • November 21 2008 07:45PM