714 Loma Drive

Hermosa Beach, CA 90254
$2,499,000
Location, Location, Location! Nestled just a few blocks from the breathtaking Pacific Ocean, this delightful ocean-view duplex presents an exceptional opportunity for redevelopment or income generation. Currently configured as two two-bedroom units, the property boasts strong rental potential, making it a savvy investment choice. However, the true value liesRead MoreRead Less
Property listed by Vista Sotheby’s International Realty, J. Gregory Maffei 310-800-0388
Listing Snapshot
Days Online
48
Last Updated
Property Type
Duplex
Lot Size
0.09 Acres
Year Built
1953
MLS Number
SB25018016
30 Days Snapshot Of 90254
$3,218k
-9%
(avg) sold price
11
-26%
homes sold
77
-41%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1953, Building area total: 1,722, Levels: Two, 2 stories, 2 buildings, Common walls: NoCommonWalls
Community
Curbs
Cooling
None
Expenses
Insurance expense: $2,280, Operating expense: $3,000, Trash expense: $360, Water sewer expense: $360
Fireplaces
None
Garage
2 spaces
Heating
Electric
Income
Gross income: $96,000, Net operating income: $18,000
Laundry
Inside
Lot
0.0911 acres, 3,970 square feet, Size: 3,970, StreetLevel
Parking
2 carport spaces, 4 totals parking
Pool
None
Property
Zoning: HBR2YY, Ocean
Sewer
PrivateSewer
Spa
None
Utilities
ElectricityAvailable, NaturalGasAvailable, WaterConnected
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.