$ 1,999,000
1035 Loma DR Hermosa Beach, CA 90254
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 1,999,000
Est. payment /mo
Active
1035 Loma DR Hermosa Beach, CA 90254
2 Beds
2 Baths
1,432 SqFt
UPDATED:
11/21/2024 05:01 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,432 sqft
Price per Sqft $1,395
MLS Listing ID CRSB24222436
Bedrooms 2
Full Baths 2
Originating Board California Regional MLS
Year Built 1953
Lot Size 2,786 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Zoning HBR3YY
Rooms
Family Room Other
Interior
Cooling None
Fireplaces Type None
Laundry 9
Exterior
Garage Carport , Garage, Other
Garage Spaces 2.0
Pool None
View None
Building
Water District - Public
Others
Tax ID 4187012013
Special Listing Condition Not Applicable
© 2024 MLSListings Inc. All rights reserved.
Listed by J. Gregory Maffei • Vista Sotheby's International Realty
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