- 2 Beds
- 2 Baths
- 1,432 Sqft
- .06 Acres
1035 Loma Drive
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, youll have easy access to a variety of restaurants, shops, and biking along The Strand. Opportunities like this dont come along often, so dont miss out on this incredible chance to own a prime property this close to the beach!
Essential Information
- MLS® #SB24222436
- Price$1,999,000
- Bedrooms2
- Bathrooms2.00
- Full Baths2
- Square Footage1,432
- Acres0.06
- Year Built1953
- TypeResidential
- Sub-TypeTownhome
- StatusACTIVE
Community Information
- Address1035 Loma Drive
- AreaHERMOSA BEACH (90254)
- CityHermosa Beach
- CountyLos Angeles
- StateCA
- Zip Code90254
Amenities
- UtilitiesElectric
- # of Garages2
- ViewN/K
- PoolN/K
Parking
Garage, Garage - Single Door, Garage - Three Door
Interior
- CoolingN/K
- FireplacesN/K
- # of Stories2
Exterior
- Lot DescriptionCurbs
Additional Information
- Date ListedOctober 31st, 2024
- Days on Market22
- ZoningHBR3YY
Listing Details
Office
Vista Sotheby’s International Realty
Vista Sotheby’s International Realty.
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Listing information last updated on November 25th, 2024 at 1:45am PST.