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, one-bedroom units, the property boasts strong rental potential, making it a savvy investment choice. However, the true value lies… Read More in its prime location, with current ocean views from the 2nd floor and FUTURE ocean views from the 2nd and 3rd levels and panoramic ocean views from a roof top deck! The generous lot size for the area offers endless possibilities for a new development. Imagine building a luxurious single-family home with an ADU or two, stylish three-story townhomes, each designed to capture stunning ocean and park views. Located just a short stroll from the iconic Hermosa Beach Pier, this property offers convenient access to the vibrant downtown area, brimming with top-notch restaurants, trendy shops, and recreational activities along The Strand. Opportunities like this in such a highly sought-after location are rare. Don’t miss your chance to own this incredible piece of Hermosa Beach real estate! This property can also be purchased alongside 714 Loma Drive, a similar adjacent property, providing nearly 8,000 square feet of combined ocean-view development potential (see Listing ID:SB25018016) Read 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
SB25018024
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: 998, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Community
Curbs, Park
Cooling
None
Expenses
Electric expense: $1,800, Insurance expense: $2,280, Operating expense: $3,000, Trash expense: $360, Water sewer expense: $360, Other expense: $480
Fireplaces
None
Garage
1 space
Heating
Electric
Income
Gross income: $35,880, Net operating income: $35,880
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
