$1,865,000
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1035 Loma Drive Hermosa Beach, CA 90254
Duplex
Residence
2
Beds
2
Baths
...
Bed/Bath
1,432
Sq. Ft.
Property Activity
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days
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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!
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MLS#
SB24222436
Property Type
Duplex
Bedrooms
2
Bathrooms
2 Full
Year Built
1953
Square Feet
1,432
sq. ft
Lot Size
0.06
Stories
2.0
Sewer
Public Sewer
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