1035 Loma DR Active Save Request In-Person Tour Request Virtual Tour
Hermosa Beach,CA 90254
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,432 sqft
Price per Sqft $1,395
MLS Listing ID SB24222436
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1953
Lot Size 2,787 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
Area 148 - Hermosa Bch Sand
Zoning HBR3YY
Rooms
Main Level Bedrooms 1
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry Electric Dryer Hookup
Exterior
Garage Carport,Door-Multi,Door-Single,Driveway,Garage Faces Front,Garage,Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking,Curbs
View Y/N No
View None
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description No Landscaping
Dwelling Type Duplex
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
Elementary Schools Hermosa View
Middle Schools Hermosa Valley
High Schools Mira Costa
School District Hermosa
Others
Senior Community No
Tax ID 4187012013
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard