Price Reduced for the Holidays. Charming, full lot duplex just

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Townhome/Townhouse Sale Pending

1035 Loma Drive

Hermosa Beach, California 90254

Los Angeles County

Community: 

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$1,895,000 2 br, 2.0 bath 1432 sq. ft. 0.064 acres

Price Reduced for the Holidays. 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!

Interior:
  • Bedrooms: 2
  • Baths: 2.0
  • Sq Ft: 1432
  • Year Built: 1953
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: 
  • Garage: Carport, Driveway, Garage
Exterior:
  • Lot Size: 0.064 acre
  • Lot Dimensions: 
  • View Types: None
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: SB24222436
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Contact Information:
Beach Townhome/Townhouse Sale Pending in Hermosa Beach, California
Listing Agent: J. Gregory Maffei, Vista Sotheby's International Realty, 310-541-8271, 310-541-8271 Listing Site, Listing Status: Pending
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5519035
Viewed 26 times.
Updated: Dec 11, 2024

This property is a Townhome/Townhouse located at 1035 Loma Drive, Hermosa Beach, California 90254, and is currently Sale Pending at $1,895,000. This Townhome/Townhouse has 2 bedrooms, 2.0 baths, 1432 sq ft.