1035 Loma Drive Pending Save Request In-Person Tour Request Virtual Tour
Hermosa Beach,CA 90254
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Pending
Purchase Type For Sale
Square Footage 1,432 sqft
Price per Sqft $1,323
MLS Listing ID SB24222436
Style Townhome
Bedrooms 2
Full Baths 2
Year Built 1953
Lot Size 2,786 Sqft
Property Description
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, 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!
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, 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!
Location
State CA
County Los Angeles
Area Hermosa Beach (90254)
Zoning HBR3YY
Exterior
Parking Features Garage,Garage - Single Door,Garage - Three Door
Garage Spaces 2.0
Building
Lot Description Curbs
Story 2
Sewer Public Sewer
Water Public
Others
Monthly Total Fees $42
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Special Listing Condition Standard