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.