$1,999,000
Beds: 2
Baths: 2
Sqft: 1,432
Sqft lot: 2,787
Acre lot: 0.06
22 Days On Market -

Property listed by Vista Sotheby’s International Realty, J. Gregory Maffei 310-800-0388

Status: Active
Property Type: Duplex
Year Built: 1953
Days On Website: 22
Charming, full lot duplex just a few blocks from the stunning Pacific Ocean! This property offers great potential for redevelopment or can be kept as a solid income-generating investment. The current building features two, one-bedroom rental units with strong rental income. However, the real gem here is the lot and its prime location. You could build a spacious single-family home or two, three-story townhouses, all with the possibility of ocean and park views. If you choose to keep this as an investment property, existing rents are $4500/month. Proforma would be closer to $5000/month. This property is just a short walk to downtown Hermosa Beach's iconic pier, you’ll have easy access to a variety of restaurants, shops, and biking along The Strand. Opportunities like this don’t come along often, so don’t miss out on this incredible chance to own a prime property this close to the beach!

Features

Bathrooms

  • 1 main level bathroom
  • 2 full bathrooms
  • 2 total bathrooms

Bedrooms

  • 1 main level bedroom
  • 2 total bedrooms

Building

  • Built in 1953
  • Levels: Two
  • Living area: 1432
  • 2 stories
  • Common walls: NoCommonWalls

Community

  • Biking
  • Curbs

Cooling

  • None

Fireplaces

  • None

Garage

  • 2 spaces

Laundry

  • ElectricDryerHookup

Listing

  • ListingID: SB24222436
  • Standard status: Active
  • 20 days on market

Location

  • Country: US

Lot

  • 0.064 acres
  • 2,786 square feet
  • Size: 2,786
  • NoLandscaping

Parking

  • 2 totals parking
  • Carport
  • DoorMulti
  • DoorSingle
  • Driveway
  • GarageFacesFront
  • Garage
  • GarageFacesRear

Pool

  • None

Property

  • Zoning: HBR3YY
  • None

Schools

  • Elementary school: Hermosa View
  • Middle or junior school: Hermosa Valley
  • High school: Mira Costa

Sewer

  • PublicSewer

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$1,999,000 - 1035 Loma Drive, Hermosa Beach, CA 90254

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1035 Loma Drive
Hermosa Beach, CA 90254
Country: US

Nearby Schools

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Patrick Wood

Broker/Owner