Homes for sale - 1035 Loma DR, Hermosa Beach, CA 90254

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JLee Broker

[email protected] +1(650) 857-1000

$1,999,000

Est. payment - /mo

2 Beds

2 Baths

1,432 SqFt

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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

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Listed by J. Gregory Maffei • Vista Sotheby's International Realty

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1035 Loma DR Hermosa Beach, CA 90254

JLee Broker

JLee Broker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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