1035 Loma Drive Active

Hermosa Beach,CA 90254

$ 1999000

2 Beds

2 Baths

1432 SqFt


Key Details

Property Type Single Family Home

Sub Type Duet

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

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

Interior

Cooling None

Fireplaces Type None

Laundry Electric

Exterior

Garage Spaces 2.0

Pool None

View None

Building

Lot Description Other

Story 2

Water Public

Schools

School District Hermosa

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