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

2 Beds

2 Baths

1,432 SqFt

Active

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!

Property Details
Price $1,999,000
Bedrooms 2
Full Baths 2
Total Baths 2
Lot Size Area 2786
Lot Size Area Units Square Feet
Acres 0.064
Property Type Residential
Sub type Duplex
MLS Sub type Duplex
Stories 2
Year Built 1953
View None
Lot Description No Landscaping
Laundry Features Electric Dryer Hookup
Pool features None
Parking Description Carport,Driveway - Combination,Garage,Garage Faces Front,Garage Faces Rear,Garage - Single Door,Garage - Three Door
Parking Spaces 2
Garage spaces 2
Association Fee 0
Geographic Data
Directions South from Pier Avenue two blocks
County Los Angeles
Latitude 33.861734
Longitude -118.397193
Market Area 148 - Hermosa Bch Sand
Address Information
Address 1035 Loma Drive, Hermosa Beach, CA 90254
Postal Code 90254
City Hermosa Beach
State CA
Country United States
Listing Information
Listing Office Vista Sotheby’s International Realty
Listing Agent J. Gregory Maffei
Listing Agent Phone 310-800-0388
Attribution Contact 310-800-0388
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
Virtual Tour URL https://youtu.be/16UxnX2voq4?si=5SgLjLuBBXAQa0l9
School Information
District Hermosa
Elementary School Hermosa View
Middle School Hermosa Valley
High School Mira Costa
MLS Information
Days on market 20
MLS Status Active
Listing Date Nov 1, 2024
Listing Last Modified Nov 21, 2024
Tax ID 4187012013
MLS Area 148 - Hermosa Bch Sand
MLS # SB24222436

This information is believed to be accurate, but without any warranty.
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