Home for Sale at 324 The Strand, Hermosa Beach, CA 90254

324 The Strand
Hermosa Beach, CA 90254

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Property Details

List Price:	$8,800,000
Beds:	4
Baths:	4
Status:	Active
SqFt:	3843
Agency:	Strand Hill Properties

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Description/Comments

Lot Size:	2,369 sqft
Property Type:	Residential
Year Built:	1995
Notes:	Located at 324 The Strand in picturesque Hermosa Beach, this exquisite beachfront property epitomizes luxury coastal living. Boasting front-row panoramic ocean views, this residence offers a true haven for those seeking a beachside oasis. The property features modern architectural design, seamlessly blending indoor and outdoor living spaces. Enjoy the soothing sound of waves crashing from your private patio on the strand level. Four additional balconies allow for plenty of outdoor space with privacy and views. Indulge in sun-soaked days on the sandy shores just steps away, and relish in the vibrant beach lifestyle that Hermosa has to offer.<br /> <br /> This meticulously crafted residence encompasses sophisticated interiors with high-end finishes and top-of-the-line amenities, with a recent remodel 7 years ago. The open-concept living area on the top floor is bathed in natural light, enhancing the expansive ocean vistas. A gourmet kitchen with state-of-the-art appliances is a chef's delight, with a large island and dining area is perfect for entertaining. Off the kitchen is a breakfast nook and large dining area that opens up to the living room anchored by a stone fireplace. The middle level boasts three spacious bedrooms, including the large primary ocean view retreat with a luxurious ensuite bathroom and two large walk-in closets. On the Strand level there is an additional bedroom and full bathroom plus a large entertaining room with bar area that open up to the strand patio with fire pit. The laundry room and two car garage with plenty of storage complete the bottom floor. <br /> <br /> This magnificent home is perfect for beach life. As you come off the sand and through the patio there is an outdoor shower to wash off and enter through the full bathroom on the bottom level. In addition, this property offers convenient access to Hermosa Beach's renowned dining, shopping, and entertainment options, allowing for a dynamic coastal living experience. Located in a prime location along The Strand, this home presents an unparalleled opportunity for those seeking the epitome of beachfront luxury.
MlsNumber:	SB23162600

Listing Provided By:	Strand Hill Properties, original listing
Name:	Strand Hill Properties
Phone:	(310) 545-0707
Office Name:	Strand Hill Properties
Office Phone:	(310) 545-0707
Agent Name:	Shawn Dugan
Disclaimer:	Copyright Â© 2024 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.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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